FTSE 100 close: London index nips higher as Bank of England rate hike bets step up July 11, 2023 London’s FTSE 100 crept higher today as another set of hotter than feared wage numbers pushed pound sterling to its highest level in 15 months. The capital’s premier index nipped 0.12 per cent higher to 7,282.51 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Arsenal fans pay £12,500 for debentures to skip 5-10 year season ticket waiting list July 11, 2023 Arsenal fans desperate for a season ticket at the resurgent club are shelling out more than £12,000 for debentures that allow them to bypass the waiting list for a seat. The Gunners’ return to Premier League title challenging form last season has seen demand swell for season tickets, even though prices range from £974 to [...]
FuturePlus report reveals sports fans divided on sustainability issues July 11, 2023 Research released by sustainability and ESG management and reporting platform FuturePlus and comparative text analytics software company Relative Insight reveals a sharply divided fanbase when it comes to sustainability in sports, presenting a clear challenge for sporting organisations aiming to implement an effective Environmental, Social, and Governance (ESG) strategy. The research report, “Sports fans on [...]
Meerkats at the cricket? Compare the Market becomes new sponsor of The Hundred July 11, 2023 Compare the Market is to become the new main sponsor of The Hundred, English cricket chiefs have announced. City A.M. revealed two weeks ago that the England and Wales Cricket Board was finalising terms on a multi-year deal with a principal partner making its first entry into the sport. That partner has now been confirmed [...]
Revolution v Boohoo: Boss could quit to help end the battle of the brands July 11, 2023 It has been reported that the boss of troubled makeup brand Revolution Beauty, Bob Holt, may step down from to help resolve an ongoing row with its leading shareholder Boohoo. Tensions between the companies appeared to cool yesterday after Revolution said it would hold a general meeting on August 8th, which would include a resolution [...]
Shock record wage growth amplifies risk of 14th straight Bank of England interest rate rise July 11, 2023 Workers’ pay is rising faster than expected and at among the quickest paces on record in a sign that the Bank of England will deliver a 14th straight interest rate rise next month, official figures out this morning reveal. Pay excluding bonuses rose 7.3 per cent over the three months to May on an annual [...]
Bequia in the Grenadines: Tall tales and windswept shores July 10, 2023 Lawson Sargeant is bent over a scrubbed bench, fixing a tiny sail on a carved, wooden boat. It’s a fiddly and intricate business. In his workshop in Port Elizabeth, on the Caribbean island of Bequia, wooden replicas of yachts and sailing boats are lined up on turquoise-painted shelves all around the room. You might first [...]
Taylor Swift Eras tour set to break records as tickets go on pre-sale July 10, 2023 TICKETS for Taylor Swift’s European tour are set to go on sale this week, with predictions of sky-high prices on the secondary market. The star’s highly anticipated “Eras Tour” is expected to make a significant impact as it heads to Europe, with projections it will become the highest-grossing tour of all time, surpassing $1.5bn (£1.17bn) [...]
Thames Water scrambles for emergency cash from shareholders July 9, 2023 Thames Water is looking to secure an emergency funding injection from shareholders as it scrambles to avert collapse and nationalisation, according to reports.
BA boss to steer airline off cost-cutting course in attempt to save summer season July 9, 2023 British Airways (BA) boss Sean Doyle is determined to salvage the summer season for the airline as it attempts to recover from a series of setbacks and poor customer service under former chief exec Alex Cruz. Doyle has set his sights sky-high in a comprehensive overhaul of the carrier’s operations as he looks to “rebuild [...]