Burberry set to re-enter the FTSE 100 in March reshuffle February 20, 2025 Burberry looks set to re-enter the FTSE 100 in March after its shares doubled since their lows in September. The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year after its share price dropped nearly 75 per cent in 16 months. However, glimmers of hope for a luxury rebound, [...]
AEG’s Paul Samuels: ‘No one believes my kids when they say I named the O2’ February 20, 2025 AEG's Paul Samuels helped made the Millennium Dome into the O2. He tells us about how his career has shaped up since.
How should Pisces be regulated? February 20, 2025 The regulator is swinging its eyes at private markets, should investors be worried? Asks Edwin Richards The Private Intermittent Securities and Capital Exchange System (Pisces) is the FCA’s answer to private companies working with privately run platforms to exchange shares. The FCA’s aim is to create a regulated market for trading shares in private companies. [...]
Mark Kleinman: FCA is naming and shaming itself, not the City February 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles name and shame at the FCA, a gamble at Entain and a business group revamp FCA is naming and shaming itself, not the City It’s rare to get a consensus this strong – but [...]
F175: Formula 1 tour de force launch a lesson to other sports in innovation February 19, 2025 Everything about Formula 1’s 75th anniversary extravaganza at London’s O2 Arena shouldn’t have worked: mass commercialisation of a sport with £9 pints and 10 teams showing off this year’s designs on last year’s cars one after another. What unfolded, however, was a lesson in how sport can continue to innovate, and how it can take [...]
GXO-Wincanton deal would raise costs for supermarkets, says CMA February 19, 2025 Logistics firm GXO’s takeover of Wincanton is likely to reduce competition and bump up costs for supermarkets stocking up shelves, according to the UK’s competition watchdog. The Competition and Markets Authority (CMA) on Wednesday published its initial assessment into the £762m deal following a year-long investigation. The regulator noted GXO and Wincanton are currently two [...]
London house prices stagnant in 2024 February 19, 2025 This meant the average property in the capital remained stuck at £549,000. Factoring in inflation, London properties lost 2.7 per cent of their value.
Trainline shares tumble as further rail ticketing plans unveiled February 19, 2025 Trainline shares tumbled almost nine per cent on Wednesday as the government unveiled more details on how sweeping railway reforms will impact the ticketing sector. Great British Railway (GBR), the arms-length body that will oversee the UK’s railway system, is set to bring together individual train operator’s onto a single website. The Department for Transport [...]
Arsenal cash in on Champions League return with record revenue February 19, 2025 Arsenal’s return to the Champions League and lucrative new sponsorship deals boosted the club’s revenue by 32 per cent to a record £616.6m last year. The £150m increase came from improved matchday, broadcast and commercial revenues and puts Arsenal behind only Manchester City and Manchester United for income in the Premier League. But £256m of [...]
Libby’s Naked Wines diary: why wine drinkers always crave beer February 19, 2025 Libby’s Naked Wines diary this week: why I’m craving beer after wine, and why we travel I first met Ashwin Bhardwaj in my living room 17 years ago. I had come through in the morning to make my shreddies and found a nearly naked chap in a tiny pair of pants, doing lunges. He had [...]