Chelsea suffer biggest financial loss in Premier League history April 1, 2026 Chelsea have confirmed by far the biggest annual financial loss in Premier League history after they recorded a deficit of £262m last season. The figures surpass the previous record, the £197m loss made by Manchester City in 2010-11 during a period of rapid investment by their Abu Dhabi-based ownership. It also takes the amount lost [...]
Sport data giant Sportradar slapped with lawsuits in UK and US April 1, 2026 The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar. Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]
Hotel investment tops £1bn in bumper start to year April 1, 2026 UK hotels attracted more than £1bn investment in the first quarter of this year, as the sector defies business rate rises and market uncertainty caused by the Iran war. Hotel investment volume surpassed £1.1bn in the first three months of the year, marking a 63 per cent increase on the £680m recorded in the same [...]
NBA Europe: Bids top $1bn as London team proves hottest property – sources April 1, 2026 The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
Here are the very best wine lists in London April 1, 2026 With so many restaurants in London, how does a hungry, wine-loving individual decide where to dine? Perhaps the evening calls for champagne, perhaps you have a craving for an impressive bottle of Italian red or maybe you want to be moderate without scrimping on quality and need somewhere that does the best wine by the [...]
Matcha mayhem: Blank Street eyes $100m expansion April 1, 2026 Blank Street coffee is reportedly in early talks to raise at least $100m in new funding as it eyes further expansion. The cafe chain, which has more than 50 shops in the UK, is known for its matcha drinks and has grown rapidly since it was founded in 2020. The business operates dozens of locations [...]
Rightmove accused of ‘bullying’ estate agents in £1.5bn legal battle April 1, 2026 Property giant Rightmove has been accused of “bullying” its members into making payments, as hundreds of estate agents support a £1.5bn legal claim against the firm. The FTSE 100 company has been accused of charging excessive and unfair fees to the estate agents and new home developers that used its property listing portal as part [...]
Cavendish warns Iran conflict could damage long-term growth April 1, 2026 Heightened geopolitical tensions, including the Iran war, could damage investor confidence and suffocate long-term growth if they persist, UK investment bank Cavendish has warned. The AIM-listed group noted that while certain “macroeconomic conditions had been trending more positively”, including gradually declining interest rates and rising capital allocation into European markets, investor sentiment continued to be [...]
Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land April 1, 2026 Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”. The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]
Rolls-Royce shares rocket to recovery as FTSE 100 takes off April 1, 2026 Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. [...]