Six Nations investors CVC Capital Partners table Oval Invincibles bid January 23, 2025 Private equity giant CVC Capital Partners have reportedly tabled a bid for Hundred franchise Oval Invincibles. It comes as the eight teams are being asked by the England and Wales Cricket Board to shortlist three or four preferred bidders to take through to the next stage of the auction. The ECB is selling each of [...]
Mark Kleinman: Kicking the Abbey habit may be harder than it looks for Botin January 23, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he looks at Santander shifts, a tale of two cities in banking and a canary in the Poundland coalmine Kicking the Abbey habit may be harder than it looks for Botin Is this the [...]
Rachel Reeves: UK won’t be Trump tariff target due to trade deficit January 22, 2025 Rachel Reeves has argued that the UK won’t be a target for Trump’s trade tariffs because we have a “trade deficit” with the US. The Chancellor argued President Donald Trump was “concerned about the trade surpluses” with various countries around the world, but stressed that was “not the case” with the UK. It comes after [...]
Spending cuts risk ‘doom loop’, ex-Bank of England economist warns January 22, 2025 Andy Haldane warned cutting government spending would be harmful for the UK’s longer term fiscal position, because it would weigh on growth. The Chancellor will receive fresh economic forecasts from the Office for Budget Responsibility (OBR) in March which will take into account sluggish growth since the Budget and higher government borrowing costs. These forecasts [...]
Ambani family on course for £100m London Spirit in Hundred auction January 22, 2025 The likely destinations of English cricket’s crown jewels in the Hundred auction are taking shape, with the Ambani family’s determination to buy 49 per cent of the London Spirit in a deal expected to exceed £100m forcing other bidders to look elsewhere. A consortium of Californian investors led by Nikesh Arora, chief executive of Palo [...]
Man United legend Bryan Robson to be hit with tax bill over ambassador role January 21, 2025 Former Man United legend Bryan Robson has lost a chunk of his IR35 case against HMRC leaving him exposed to a undisclosed tax bill
Last remaining British hostage named by Hamas as one of three set to be released January 19, 2025 The last remaining British hostage in Gaza has been named by Hamas as one of three people set to be released on Sunday. A ceasefire deal, which promised the phased release of hostages as well as a pause in the 15-month Israel-Hamas war, was delayed on Sunday morning and came into force at 9.15am UK [...]
Priti Patel: Labour should focus on negotiating with Trump instead of ‘disparaging comments’ January 19, 2025 Labour should focus on starting negotiations with Donald Trump, rather than making “disrespectful and disparaging comments”, shadow foreign secretary Dame Priti Patel has said. She told Sunday Morning With Trevor Phillips on Sky News: “I think we have to respect the fact that he has a very significant mandate. The American people voted clearly, categorically, [...]
Destination Calcio: Why a little-known website bought Serie B media rights January 18, 2025 Destination Calcio only popped up last summer and has a modest audience but has snapped up the live rights to Italian football’s Serie B in the UK and US until 2027. What’s going on? Serie B may be at the niche end of football fandom, especially for British lovers of the game, but the Italian [...]
American fund interested in minority stake in Chelsea January 17, 2025 The founder of Angel City FC Kara Nortman is reportedly interested in buying a stake in Women’s Super League club Chelsea FC Women. Monarch Collective, a £123m fund launched by Nortman, is interested in a minority stake in the WSL champions Chelsea, according to Sky News’ Mark Kleinman. National Women’s Soccer League club Angel City [...]