Ahead of the Game: Tottenham in crosshairs as Ratcliffe eyes more cuts February 19, 2025 Sir Jim Ratcliffe and Ineos are set to continue cutting their investment in sport beyond Manchester United with the company’s commercial deal with Tottenham Hotspur unlikely to be renewed. Spurs signed a five-year contract with Ineos Grenadier as their official 4×4 vehicle partner in 2022, having previously partnered with Ineos Hygienics as official hand sanitiser [...]
RFU criticised for lack of consultation over bonus row engulfing Sweeney February 13, 2025 An independent review of the bonus controversy engulfing the Rugby Football Union and its chief executive Bill Sweeney has criticised a lack of consultation with the RFU Council. The review, conducted by law firm Freshfields, backed the RFU’s design and implementation of its long-term incentive plan (LTIP), which saw Sweeney receive a £358,000 bonus last [...]
Tired of London: Why is the capital losing hope? February 12, 2025 City dwellers tend to be more optimistic about their neighbourhood than those who live in town but, worryingly, London is bucking the trend. We all have a stake in our capital’s success. So what’s going wrong? Asks Simon Clarke “When a man is tired of London, he is tired of life”. Samuel Johnson’s famous aphorism [...]
Warnings Trump tariffs on China and allies risk economic disruption February 1, 2025 New trade penalties against Canada, Mexico and China that US President Donald Trump plans to impose represent an aggressive early move against America’s three largest trading partners – but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25 per cent tariffs against the two North American [...]
VAT on private school fees to hammer ‘crisis-hit’ special needs provision January 23, 2025 Rachel Reeves’s controversial Budget decision to impose VAT on private school fees will hit the most vulnerable special educational needs students hardest, an expert has warned. The Chancellor confirmed at the Autumn Budget that fees are set to be taxed 20 per cent, which the government claims will benefit the Treasury to the tune of [...]
Heathrow, Gatwick and Luton: Ministers preparing to back London airports expansion January 21, 2025 The government is preparing to approve major expansion plans at three London airports, according to reports. Chancellor Rachel Reeves is poised to announce her support for additional runways at Heathrow and Gatwick, and a bid by London Luton to significantly increase passenger capacity, in a speech later this month, according to Bloomberg. Reeves’ speech has [...]
KPMG: Regulator probes Big Four firm over audit of Ladbrokes-owner Entain January 20, 2025 The accountancy watchdog has kicked off an investigation into Big Four firm KPMG over its audit of gambling giant Entain
Chinese embassy: ‘Alarm bells’ over security fears for London mega-site January 16, 2025 MPs have warned of “serious alarm bells” for the UK’s security over reports senior cabinet ministers have intervened on a Chinese planning application for a huge new London embassy. Foreign secretary David Lammy, who visited China last year, and home secretary Yvette Cooper have indicated their support for the proposed new 20,000 square metre mega-site [...]
Carillion is ancient history. Seven years on, the audit profession has moved on January 15, 2025 Seven years on, the audit industry has moved on from Carillion. It's legislation that needs to catch up, writes ICAEW CEO Alan Vallance.
UK housebuilders to shed light on property market amid Government targets January 12, 2025 Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]