Sky to claw back £330m from sports cancellations ahead of Premier League restart June 16, 2020 Sky is set to receive rebates of up to £330m from organisers of leading sporting events, as the broadcaster seeks to shore up its balance sheet after months of cancelled events. The Premier League has agreed to return £170m to Sky, the Financial Times reported, after the UK broadcaster allowed customers to halt sports subscriptions [...]
British public supports calls for online gambling restrictions June 16, 2020 The British public overwhelmingly supports calls by MPs for restrictions to online gambling, new research has shown, as the betting industry this week gears up for the return of televised sporting events. Data released today by polling firm Survation revealed that 82 per cent out of 1,525 people surveyed support limits to online gambling spending. [...]
MPs call for total ban on gambling adverts ahead of Premier League restart June 15, 2020 A group of more than 50 MPs and peers has called for a total ban on gambling adverts in a new report that urges for a wide-scale overhaul of British gambling laws. In a report set to be published tomorrow, a cross-party group of MPs will urge the government to enforce tighter controls on the [...]
FTSE 100 quarterly review highlights the economy’s winners and losers June 4, 2020 Home-repairs company Homeserve, cybersecurity firm Avast, DIY group Kingfisher and gambling giant GVC were the four companies announced yesterday as being promoted to the FTSE 100 – the index of the 100 biggest UK companies.Cruise giant Carnival, airline easyJet, aerospace components firm Meggitt and British Gas-owner Centrica are all making way. The FTSE reshuffles its [...]
UK and Italy seek to further ease lockdowns as scientists urge caution June 1, 2020 European countries like the UK and Italy are readying themselves to ease lockdown measures further despite scientists urging caution as coronavirus cases continue to rise. The UK is still seeing a steady rise in coronavirus infections but governments face pressure to restart their economies after Europe’s lockdowns triggered the biggest peacetime downturn on record. The [...]
Premier League to restart football on 17 June May 28, 2020 The Premier League is set to restart on 17 June with Aston Villa against Sheffield United and Manchester City at home to Arsenal, according to multiple media reports. The matches are the two games in hand and would take all clubs in the league up to 29 matches. A full fixture list would then be [...]
Theatre needs its own ‘Project Restage’ May 28, 2020 Sian Hansen is Chief Operating Officer of C|T Group and sits on the board of the Almeida Theatre in Islington There is nothing to match the communal experience of watching a live performance in a renowned venue. It drives culture and brings society together whether that be live sport, music or theatre. At this time [...]
Manchester United revenue drops almost £30m due to Covid-19 May 21, 2020 Manchester United today said its revenue fell by almost £30m in the third quarter after the football season was brought to a halt due to the Covid-19 pandemic. The New York-listed football club reported total revenue of £123.7m in the three months to the end of March, down from £152.1m in the same period last [...]
Government looks ahead to re-opening UK leisure and travel sectors May 20, 2020 The government has stepped up its plans to get the leisure, travel and technology sectors up and running, with the announcement of a new taskforce. Culture secretary Oliver Dowden announced today that the taskforce will be made up of experts in the fields of sport, technology and the arts in a bid to get these [...]
Coronavirus crisis set to wipe $17bn off sports sponsorship market May 18, 2020 Global sports sponsorship revenue will fall by $17.2bn (£14.1bn) this year as a result of the coronavirus pandemic, new forecasts have revealed. Total spend is expected to reach just $28.9bn in 2020 — a 37 per cent fall year on year — as scores of live sporting events have been scrapped and businesses look to [...]