General election 2019: Jeremy Corbyn pledges to go after ‘greedy bankers’ as Labour launches campaign October 31, 2019 Jeremy Corbyn has pledged to go after “the greedy bankers” and “bad bosses” as he kicks off his election campaign in South London this morning. The Labour leader spoke before a packed hall of supporters at the Battersea Arts Centre, near Clapham. Read more: Labour’s renationalisation plans would cost £200bnRead more: EXCLUSIVE: Tories tap up [...]
Mike Ashley hits out at competition watchdog over JD Sports probe October 30, 2019 Retail tycoon Mike Ashley has slammed the UK’s competition watchdog for its investigation into the merger between JD Sports and Footasylum, saying it has overstated Sports Direct’s share of the market. The Competition and Markets Authority (CMA) is investigating whether JD Sports’ £90m takeover of Footasylum could result in higher prices and reduced competition in [...]
Mike Ashley calls Goals Soccer Centres’ move to call in SFO ‘too little, too late’ October 29, 2019 Mike Ashley today blasted a reported move by embattled Goals Soccer Centres to enlist the Serious Fraud Office (SFO) to investigate suspected fraud. The Sports Direct owner called the alleged action “far too little, too late”. Read more: Goals Soccer Centres calls in fraud watchdog The billionaire added that it “is a deliberate case of [...]
Goals Soccer Centres calls in Serious Fraud Office October 28, 2019 Five-a-side football company Goals Soccer Centres has called in the Serious Fraud Office to investigate a case of potential accounting fraud. The firm has passed files of evidence to the authorities in the last ten days after Goals was forced to delist from the London Stock Exchange, Sky News reported. Read more: Sports Direct says [...]
Mike Ashley urges MPs to look into Debenhams collapse October 27, 2019 Mike Ashley has redoubled his efforts to have the collapse of Debenhams investigated and lambasted MPs for not being more interested in the failure of the high-street department store. Read more: Mike Ashley kicks off £4m takeover for Goals Soccer Centres In a letter to business select committee chair MP Rachel Reeves, seen by the [...]
Sports Direct ends two-month wait for new auditor, appointing RSM October 23, 2019 Sports Direct has appointed an auditor two months after Grant Thornton quit as billionaire Mike Ashley’s company’s accountant. Read more: Sports Direct launches ‘skulduggery’ screed against Goals Soccer Centres RSM will now take up the post. The auditor had most recently stepped in to look after Patisserie Valerie’s accounts after the bakery chain became embroiled [...]
Goals Soccer Centres: Sports Direct says ‘skulduggery’ wiped out shareholders October 23, 2019 Retailer Sports Direct has today blasted the management of Goals Soccer Centres after the five-a-side football firm delisted from Aim after an accounting scandal. Goals suspended shares in March after saying its financial results contained a misdeclaration of VAT, leaving a black hole in its accounts of more than £12m. Read more: Goals Soccer Centres [...]
Hearthstone is caught in a Blizzard over Hong Kong protest October 17, 2019 The protests in Hong Kong have featured prominently in the news cycle since kicking off in March. All across the world, we’ve seen extensive coverage of the outbreaks of violence, as well as the excessive use of force by police to suppress the demonstrations. It’s likely that you’ve been following the story, but what you [...]
The Hundred draft: How it will work, when it is happening and where to watch it October 16, 2019 English cricket is set to break new ground this weekend when a draft process takes place for The Hundred ahead of next summer’s much-anticipated start date. The look of the new eight-team, 100-ball competition, due to run from 7 July to 16 August 2020, has been gradually rolled out. Over recent months, the format, team [...]
Sports Direct calls for probe into Nike and Adidas October 14, 2019 Sports Direct called this evening for a competition probe into the market dominance of sportswear brands such as Nike and Adidas. In a statement, the company said top brands “use their market power to implement market-wide practices aimed at controlling the supply and, ultimately, the pricing of their products”. Read more: Corbyn kicks up fresh [...]