Government announces post-Oasis ticket resale clampdown January 10, 2025 The government has said it will intervene to tackle ticket touts after a recent wave of frustration around inflated resale prices. As part of the government’s broader Plan for Change, a public consultation has been announced to stop exploitative practices in the ticket resale market and to improve transparency for fans. The announcement comes after [...]
MP seeks referral for Vodafone to covid corruption commissioner January 9, 2025 Tory MP Sir John Hayes has called for Vodafone to be referred to the Covid Corruption Commissioner over allegations listed in a multi-million-pound lawsuit
UK stock funds suffer worst year on record as investors pull nearly £10bn January 8, 2025 UK-focused stock funds suffered their worst year on record last year as investors yanked nearly £10bn from the market, new figures have shown. While equity vehicles globally raked in a record £27.2bn through 2024, UK funds haemorrhaged some £9.6bn in their most sluggish year ever relative to the performance of the wider market, according to [...]
Ahead of the Game: India want rule change to World Test Championship January 8, 2025 India are pushing for an overhaul of the International Cricket Council’s points system for the World Test Championship after missing out on the final for the first time. Australia’s 3-1 Test series win over Rohit Sharma’s side secured their place in the final against South Africa at Lord’s this summer, condemning India to third in [...]
Go further to revive the City of London, voters tell Starmer and Reeves January 8, 2025 Keir Starmer’s government must do more to support the City of London after a bruising year in which fresh IPOs have fallen off a cliff and scores of firms have been picked off by private buyers, a survey of voters has suggested. According to the first of a new monthly City AM/Freshwater Strategy poll, more [...]
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
Tesla: Elon Musk’s EV giant’s sales disappoint with first fall in a decade January 2, 2025 Elon Musk’s EV giant Tesla disappointed with its earnings report today, with its first fall in annual deliveries for over a decade. The electric car behemoth, which has been in the news in the last 24-hours after a vehicles exploded in the US outside a Donald Trump-owned hotel, delivered 1.70 million electric vehicles (EVs) in [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
How to regulate the cloud December 29, 2024 The CMA is about to release a provisional decision in its investigation into the cloud, but seems to have started with a fundamental misunderstanding of how customers buy IT, says Chris Hayman As the CEO of Rayo, a cloud and AI consultancy, and a veteran of the UK’s technology sector, I’ve had a front row [...]
Starmer demands ‘concrete proposals’ on growth from regulators December 28, 2024 The Prime Minister has called on Britain’s regulators to do more to prioritise growth as he seeks to improve living standards by 2029. In letters sent last week, Sir Keir Starmer, Chancellor Rachel Reeves and business secretary Jonathan Reynolds said they wanted to see “concrete proposals” from regulators setting out how they could “go further” [...]