Buying the hype – Are baskets a solution to bubbles? November 17, 2020 The events and turbulence of this year need no explanation. The global pandemic, US election and everything in between have sent dramatic waves across the markets. With so much volatility and uncertainty rocking the markets, stocks have continued to break records and climb to new highs and equal lows throughout the year. In response, increasing [...]
JD Sports’ merger with Footasylum edges nearer after appeal November 13, 2020 The competition watchdog’s decision to block a merger between JD Sports and Footasylum has been overturned following an appeal. The Competition Appeals Tribunal said today that the Competition and Markets Authority had acted “irrationally” when it ruled in May that the tie-up would lead to a “substantially” lessening of competition nationally. The tribunal ruled that [...]
Esports brand Fnatic launches crowdfunding campaign after raising $10m November 11, 2020 Shoreditch-based Fnatic is launching a crowdfunding campaign on the back of an increased interest in esports and a recent internal funding round. Venture capital firm Beringea led the $10m round with participation from existing investors Unbound, LVL1 Global and JHD, bringing total investment in Fnatic to nearly $35m. Fnatic, which is the second most watched [...]
The public are not to blame for the second lockdown November 11, 2020 Justice secretary Robert Buckland last week blamed the public for England’s new lockdown. In particular, the fault was with people failing to self-isolate properly. Of course, in a purely technical sense Buckland is right. The virus spreads by contact with an infected person. If people do not self-isolate, Covid-19 will continue to percolate across the [...]
Government blasted over ‘half-baked’ plans to ban online junk food adverts November 10, 2020 The government has come under fire over “severe and disproportionate” proposals to roll out a total ban on online ads for junk food. Ministers today launched a consultation on whether online ads for foods high in fat, sugar and salt (HFSS) should be banned in a bid to tackle the growing problem of childhood obesity. [...]
The Toyota GR Yaris is a thrilling rally car for the road November 10, 2020 Toyota took its next WRC race car, then made it road-legal. The result is the bespoke and ballistic GR Yaris – our hot hatchback of the year.
Premier League confirms plans to scrap controversial pay-per-view model November 10, 2020 The Premier League has confirmed it will scrap its controversial pay-per-view model after a fierce backlash from fans. The new model, which was introduced following the international break in October, means fans have to cough up £14.95 to watch games not selected for regular broadcast. The move sparked anger among supporter groups, who raised hundreds [...]
Serena’s coach: Tennis is long, slow and too clean November 6, 2020 Tennis may have virtually ground to a halt this year, but one of the world’s most celebrated coaches, Patrick Mouratoglou, has rarely been busier. Mouratoglou, like his clients Serena Williams, Coco Gauff and Stefanos Tsitsipas, has had to adjust to life without much of the usual circuit. His academy on the French Riviera also suffered [...]
Sport rights set for devaluation as the industry reaches its Napster moment November 2, 2020 Alongside all the other ways Covid has disrupted our economy and lives, it might be set to have a dramatic impact on the value of sport rights. Some 83 per cent of executives, representing 4bn sports fans globally, believe that media rights have reached a high-water mark, a recent Seven League study found. These executives [...]
A hidden mental health epidemic is threatening our children October 30, 2020 The Covid-19 pandemic and resulting lockdown restrictions have given rise to a mental health epidemic that has swept through the UK. The restrictive measures imposed earlier this year have already adversely affected children’s mental health, and continue to intensify the glaring disadvantages experienced by those living in some of the country’s poorest communities. The figures [...]