The Lamborghini Aventador SVJ Roadster is a supercar turned up to 11 February 24, 2020 What is your lottery-win dream car? In my line of work, it’s a common question at social gatherings, usually somewhere between “Should I buy a Volkswagen Golf?” (yes, probably) and before “Have you met Jeremy Clarkson?” (yes, briefly). Anyway, I’ll spare you the suspense, it’s the McLaren F1. Sadly, I need a Euromillions rollover to [...]
UK live entertainment sector poised for £2.3bn 5G boost February 19, 2020 The UK’s live entertainment industry could be given a boost of as much as £2.3bn over the next 10 years thanks to a raft of benefits brought by 5G, new research has revealed. Figures compiled by O2, seen exclusively by City A.M., showed consumer spending on live music and sports events could surge in the [...]
BT unveils new flexible TV packages in bid to beef up content offering February 18, 2020 BT today rolled out a string of new flexible TV packages as it looks to flex its muscles in the increasingly cut-throat content wars. The telecoms giant has unveiled a range of subscription options that allow customers to choose the TV shows, films and sport they want, with the flexibility to change their package each [...]
City grandee Michael Spencer among losers after collapse of startup Laundrapp February 17, 2020 City grandee Michael Spencer has lost millions after a laundry startup he was a key backer for went into administration on Friday. Laundrapp was sold in a pre-pack administration on Friday after running out of cash. Spencer’s private investment group IPGL was a cornerstone investor in a £4m 2015 funding round in Laundrapp in which [...]
Exclusive: Sadiq Khan challenges Labour leadership candidates to sign London pledge February 16, 2020 Sadiq Khan has issued a challenge for all Labour leadership candidates to sign up to six pledges for London, including a promise to rid the party of antisemitism. The mayor of London has asked the three remaining candidates – Keir Starmer, Rebecca Long-Bailey and Lisa Nandy – to pledge to “stamp out antisemitism” within the [...]
Mike Ashley calls for business rate relief to help high street on ‘life support’ February 14, 2020 Sports Direct billionaire Mike Ashley urged the Treasury to take action on business rates today, saying steep payments have helped put the British high street on “life support”. The retail tycoon has said that the current system is a “significant contributor to the dire straits the high street currently finds itself in.” Formerly called Sports [...]
South Africa v England Twenty20I series preview: Roy, Bairstow, Buttler and Malan set to battle it out for opening role February 11, 2020 A short-format series tacked onto the end of a long tour can sometimes carry little significance, but England’s run of three Twenty20 Internationals with South Africa, starting today, is not one of them. Having won the 50-over Cricket World Cup last year, England’s attention is now firmly fixed on repeating that feat at the 20-over [...]
JD Sports may have to sell off Footasylum, says CMA February 11, 2020 Shoppers could be worse off online and in store if JD Sports’ acquisition of Footasylum goes ahead, the UK’s competition watchdog found today. The Competition and Markets Authority (CMA) warned the merger could lead to fewer discounts and worse customer service, as well as less choice in its preliminary ruling. “We’re currently concerned that shoppers [...]
Premier League plots launch of Netflix-style streaming service February 9, 2020 The Premier League is plotting the launch of a Netflix-style streaming platform in a bid to boost revenue from TV rights in overseas markets. Richard Masters, the Premier League’s new chief executive, has confirmed that plans to set up a direct to consumer offering are already underway. The service, which would allow viewers in some [...]
Landlord row forces House of Fraser to close another store February 6, 2020 Sports Direct boss Mike Ashley has been forced to close another House of Fraser store after being served notice by the landlord. The branch in Dundrum, near Dublin, will close within the next three months after the property’s landlord agreed a deal with Brown Thomas and Primark. Ashley warned in December that it was likely [...]