How Manchester City made shareholder loans the Premier League’s new battleground October 11, 2024 Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]
West Ham: Premier League star enlists top barrister for spot-fixing case against FA October 11, 2024 West Ham's Lucas Paqueta has called in top City barrister for his spot-fixing case against the Football Association (FA)
Young Jamie Richards can Achieve more in Hong Kong October 11, 2024 THIS could be the day of reckoning for the much-hyped John Size-trained galloper Wunderbar who seeks to make it six wins from seven races in the Artistic Gymnastics and Triathlon Handicap (10.55am) over six furlongs. The Australian import had the distinction of twice beating present local sprinting sensation Ka Ying Rising last January, before a [...]
Has Fifa wildly overestimated the value of Club World Cup media rights? October 11, 2024 Was Fifa too hasty in rejecting Apple’s reported $1bn (£760m) offer for media rights to next summer’s inaugural beefed-up Club World Cup? That is a question football’s governing body may have to ask itself as time ticks down towards the new 32-team tournament in the US next summer. With only eight months to go until [...]
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle October 11, 2024 Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
Qinetiq inks deal with Ministry of Defence for military communications October 11, 2024 Security and defence contractors Qinetiq have won a three-year contract with the Ministry of Defence worth around £150m to deliver military communications. The initial contract, with UK’s Ministry of Defence’s (MoD) Defence Digital organisation, is worth £39m, but includes options for extensions for up to two further years. The Farnborough-based firm, which in May hiked its [...]
Hays: Recruiter slump not yet over as fees and headcount continue to drop October 11, 2024 Recruiter Hays has reported yet another fall in fees as it struggles amid a sharp downturn in the market. Group net fees, a key performance indicator in the recruitment sector, fell by 14 per cent year on year in the three months to 30 September, with fees in the UK and Ireland down by 20 [...]
UK economy returns to growth ahead of Rachel Reeves’ first Budget October 11, 2024 The UK's longer term growth performance has been disappointing and the new Labour government has pledged that wealth creation will be its "number one priority".
Starmer appoints former Darktrace boss as new investment minister in ‘scaled up’ department October 11, 2024 Prime Minister Keir Starmer has announced the government’s new investment minister after more than 100 days in office, amid criticism from City groups it took too long. Former Darktrace chief executive Poppy Gustafsson has been appointed to the role, taking charge of the ‘scaled up’ Office for Investment. The appointment is part of what the government [...]
International Investment Summit must not be the peak of the government’s ambitions October 11, 2024 Next week’s International Investment Summit an important early test of the willingness of global investors to make available the capital required, but ministers mustn’t stop there, says Tim Figures The Labour Government has made kickstarting economic growth one of its key missions. However, this growth clearly can’t happen without substantial amounts of public and private [...]