Draper calls on government to invest in tennis and padel May 20, 2025 British No1 Jack Draper is among a number of tennis stars who have called on the Prime Minister Sir Keir Starmer to invest in court facilities. Draper joins the likes of Katie Boulter and Alfie Hewett in expressing concern over potential cuts of funding to tennis facilities, while demanding funds for “high quality community sports [...]
Reeves’ risky borrowing policies prompt fresh tax hike fears May 20, 2025 Tax hike fears are gathering pace as rising borrowing costs are set to wipe out around half of Chancellor Rachel Reeves’ small £9.9bn headroom, a leading economics consultancy has warned. Reeves made around £14bn in spending cuts at her Spring Statement two months ago but left herself with one of the slimmest fiscal buffers on [...]
Leicester City promotion hopes dented by fresh legal blow May 20, 2025 Leicester City’s hopes of an immediate return to the Premier League have been dented after it was ruled that they could face a points deduction in the Championship next season. A tribunal agreed that top-flight chiefs did have the power to charge Leicester with breaches of spending rules in the 2023-24 season, despite them being [...]
London Spirit £144m sale nearly done, insists MCC chief May 20, 2025 MCC chief executive Rob Lawson insists a £144m deal between a consortium of US tech heavyweights and the owners of Lord’s Cricket Ground for a 49 per cent stake in Hundred franchise London Spirit is just a “couple of weeks away from getting everything done”. It comes after the initial timeline for eight Hundred deals [...]
Trio of trade deals puts UK in better position “than any other country,” Rachel Reeves says May 20, 2025 Chancellor Rachel Reeves has said the UK is now in a better place on trade “than any other country in the world” after securing new trade agreements with India, the US and the EU this month. Reeves said the agreements have “come along like buses,” and that the government’s next targets for trade deals are [...]
Centrica: British gas owner to sell stake in North Sea gas field to Ithaca Energy May 20, 2025 Centrica has announced plans to sell off a big chunk of its holding in the Cygnus gas field in the southern North Sea. The deal will see Spirit Energy – a subsidiary of Centrica – offload its 46.25 per cent stake in the site for around £215m to Ithaca Energy. Centrica, which owns British Gas, [...]
Arthur Ashe Stadium: World’s biggest tennis arena to get even bigger May 20, 2025 The world’s biggest tennis arena, Arthur Ashe Stadium, is set for a major upgrade as part of an $800m (£600m) redevelopment of US Open venue Flushing Meadows. A $250m (£185m) state-of-the-art player performance centre to be named after pioneer Billie Jean King is the other main aspect of the project, which is due for completion [...]
Saga CEO’s pay nears £2m as losses widen May 20, 2025 The chief executive of Saga, the insurance, travel and financial services giant, took home almost £2m for its latest financial year, it has been revealed. Mike Hazell has received a pay packet of almost £1.9m for the London-listed group’s year to 31 January, 2025, according to its annual report – his first full year in [...]
The West Midlands is leading the way on new housing May 20, 2025 The West Midlands is pioneering a new, collaborative approach to housing and infrastructure growth by uniting public and private sectors to unlock investment and accelerate development, says Richard Parker As leaders from across the UK’s built environment gather at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), I want to share some early thinking [...]
Is this the end of the private landlord? May 20, 2025 There has been a sharp divergence in the attitudes of private and professional landlords as new regulations continue to upend the sector, according to new data. While private landlords continue to become more negative – and threaten to leave the sector in droves – professional landlords are, dare we say, genuinely optimistic about the prospects [...]