A significant skirmish in an intensifying war: How player power helped bring the European Super League to its knees April 23, 2021 James Milner seemed to speak for many Premier League players and managers when he said on Monday: “I don’t like it and hopefully it doesn’t happen.” The Liverpool midfielder was referring to the European Super League, the audacious and ultimately short-lived breakaway launched by 12 of Europe’s richest football clubs just hours earlier – including [...]
Sports Direct founder Mike Ashley ordered to replace signage on 180-year-old department store in row with council April 22, 2021 Frasers’ boss Mike Ashley has been ordered to replace the letters of a 180-year-old landmark department store in Edinburgh. Ashley, the founder of Sports Direct, has been issued with a formal notice to Sports Direct International, now rebranded as Frasers Group, over work “executed to the listed building… having regard to the effect of the [...]
GB News: What is the new TV channel and when will it launch? April 22, 2021 There’s been a flurry of announcements in recent weeks ahead of the launch of GB News, a new opinion-led channel promising the biggest shakeup of British broadcast media for 30 years. The venture has caused a stir, with no shortage of controversy over its promise to take a “boldly different” approach. Plans are still being [...]
Boris Johnson vows to block European Super League for English clubs April 19, 2021 Boris Johnson has this morning slammed the new European Super League proposal and has vowed to block English football teams from competing in the new breakaway league. Johnson told reporters today that the proposal, which includes England’s six richest clubs, was “not good news for fans” after last night’s announcement sparked global outrage and brought [...]
Laura McAllister interview: Former Wales captain and Fifa Council candidate on women’s football, greedy clubs and moderniser Infantino April 16, 2021 Wales have come to be a force to be reckoned with in international football. Their men’s team, led by galactico Gareth Bale, have qualified for successive European Championships for the first time, while their women have also continued their steady rise up Fifa’s world rankings. Now Welshwoman Laura McAllister is aiming to make a similar [...]
The pros, cons and incentives behind the SPAC-craze sweeping markets April 14, 2021 There have been 378 initial public offerings (IPOs) in the US in the first three months of 2021. That’s more than in any full calendar year between 2003 and 2019. The $139 billion raised so far this year is more than two and a half times the yearly average over this period. They already have [...]
UK GDP grows 0.4 per cent in February despite third lockdown restrictions April 13, 2021 The UK economy edged up 0.4 in February as it rebounded from a 2.2 per cent decline in January, the Office for National Statistics said this morning. Wholesale and retail trade sales picked up slightly, but consumer-facing services industries remained well below pre-pandemic levels. The services sector grew by 0.2 per cent. Output in the [...]
The Week Ahead: Tesco, Coinbase IPO, JD Sports, JPMorgan, Goldman Sachs April 12, 2021 Some of the biggest banks are set to report earnings this week, with JPMorgan, Wells Fargo and Goldman Sachs all due on Wednesday. On a macro level, Tuesday’s UK GDP figures and inflation data from the US are undoubtedly going to be important. Meanwhile, the largest US cryptocurrency exchange, Coinbase, goes public. City A.M. looks at [...]
Frasers Group to take £200m Covid hit over third wave concerns April 9, 2021 Mike Ashley’s Frasers Group, which owns Sports Direct and House of Fraser, expects to take a £200m hit due to coronavirus, and warned that further restrictions on retail are “almost certain”. Frasers Group said it anticipates a non-cash impairment of more than £200m in the value of its properties and other assets. The retailer said [...]
Theta network bring ‘real time’ NFTs to World Poker Tour April 8, 2021 Decentralised video delivery network Theta Labs have teamed up with the World Poker Tour® to launch the world’s first real-time NFT marketplace.