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 [...]
Debenhams secures extra £50m funding for Christmas period October 10, 2019 Debenhams has secured an extra £50m from its lenders to support the struggling department store through the crucial Christmas trading period. Last month the retailer approached its investor consortium – which bought the company out of administration – for the additional financing, on top of the £200m secured in March this year. Read more: Debenhams [...]
‘Safe pair of hands’ Chris Silverwood brings continuity rather than innovation to England head coach role October 7, 2019 The appointment of Chris Silverwood as England’s new head coach is one which sees the England and Wales Cricket Board’s hierarchy backing continuity, rather than innovation. Silverwood has stepped up from his role of bowling coach, which he has performed for the last two years, to fill the shoes of Trevor Bayliss in an act [...]
Corbyn kicks up fresh row with Ashley October 7, 2019 A new footballing rivalry was formed over the weekend after Jeremy Corbyn took aim at retail tycoon Mike Ashley for his running of Newcastle United. The Labour leader has taken his war on corporate bosses to the football pitch after branding the high street billionaire “a bad owner” and accusing him of self-interest. “[Clubs] are [...]
Real-life Wolf of Wall Street Jordan Belfort reveals why the UK will survive Brexit October 4, 2019 The most remarkable thing about Jordan Belfort, the self-styled Wolf of Wall Street, is not his once-prodigious drug consumption or the Bacchanalian excess of his infamous company Stratton Oakmont – it’s his sheer, bloody-minded staying power. In his 56 years he’s experienced bankruptcy, drug addiction and incarceration, losing more money than most people could earn [...]
NFL London Games: UK director Alistair Kirkwood on cross-Atlantic growth, the Tottenham Stadium and a future franchise October 2, 2019 When it was announced that the NFL would host a game in London for the first time, the decision was met with intrigue and scepticism. Was the risk worth the potential rewards? Were the English public really interested enough in American football? Would jet-lagged players struggle to perform at Wembley? Twelve years on from that [...]
Goals Soccer Centres warns HMRC black hole could be higher than £12m September 30, 2019 Goals Soccer Centres has warned that a black hole in its accounts could be “materially higher” than the £12m it had previously disclosed as it officially de-listed from London’s Aim stock market. The company suspended shares in March after saying its financial results had contained a misdeclaration of VAT, which have raised suspicions of tax [...]
British Land withdraws Monsoon Accessorize legal challenge September 26, 2019 British Land has reportedly withdrawn its legal challenge to Monsoon Accessorize’s restructuring plan, giving the fashion retailer the green light to implement the rescue proposals. The landlord has agreed to abandon a case that could derail the chain’s company voluntary arrangement, Sky News reported. Read more: British Land files legal challenge against Monsoon Accessorize CVA [...]
Debenhams finance chief exits after just 12 months to join Ted Baker September 26, 2019 Debenhams finance chief Rachel Osborne has stepped down in order to join struggling fashion brand Ted Baker. Osborne was appointed chief finance officer at the embattled department store in September last year, and has quit after one year to take on the same role at Ted Baker. Read more: Debenhams wins high court battle to [...]