Frasers Group: Mike Ashley’s firm issues profit warning amid ‘significant disruption’ caused by coronavirus March 20, 2020 Mike Ashley’s Frasers Group has issued a profit warning this morning citing the “significant disruption” to business. Formerly Sports Direct, the retailer will no longer give guidance in relation to the current financial year. Due to the coronavirus outbreak, the firm has seen reduced customer footfall to its brands’ stores, which includes House of Fraser, [...]
How is each Premier League club dealing with coronavirus? March 17, 2020 While Premier League football has been suspended due to the coronavirus outbreak, top-flight clubs across England are taking differing approaches to first-team training. It was announced on Friday that the Premier League, English Football League and FA had called off all matches for the rest of this month and on Monday the UK government issued [...]
ITV shares drop despite £50m saving from Euro 2020 cancellation March 17, 2020 ITV today said the cancellation of the Euro 2020 due to the coronavirus outbreak will save the broadcaster as much as £50m. Uefa this morning announced that its flagship national football competition will be pushed back by a year due to health concerns. ITV, which jointly holds the rights to the tournament alongside the BBC, [...]
Coronavirus sport updates LIVE: Wales v Scotland called off in dramatic U-turn as Premier League and EFL suspended March 13, 2020 Welcome to City A.M.’s live rundown of all the latest sporting events to be affected by the coronavirus outbreak. Please refresh your browser for live updates. The Premier League, EFL and FA have decided to suspend all matches until early April following an emergency meeting this morning. A number of other sports, including two Six [...]
London mayoral election should be postponed, says Electoral Commission March 12, 2020 The 7 May mayor of London election should be postponed due to the spread of coronavirus, according to the Electoral Commission. The electoral watchdog wrote to the government today to say all May polls should be postponed “to mitigate the impact on voters, campaigners and electoral administrators”. This is in direct opposition to mayor of [...]
Coronavirus: Fifth death in UK as confirmed cases rise to 319 March 9, 2020 A fifth person has died from coronavirus in the UK as the number of confirmed cases in the UK rose to 319. The patient who was in their seventies was being treated at Epsom and St Helier University Hospitals NHS Trust. Chief executive Daniel Elkeles said: “We can confirm that sadly, a patient in their [...]
New government cyber unit to grill social media firms over coronavirus fake news March 9, 2020 The government has set up a new cyber team to crack down on the spreading of fake news linked to the coronavirus outbreak on social media platforms. Departments across Whitehall have been brought in to form a new unit aimed at assessing the potential extent, scope and impact of fake news. The team will also [...]
Premier League broadcasting: What does Amazon’s initial success with Prime Video mean for the market? March 3, 2020 Amazon broadcast its first live football matches in December, showing 20 Premier League games to subscribers on its Prime Video platform. The decision to make a first foray into the sector was a brave, albeit relatively small, one for the US retail giant. Now that the dust has settled, it looks increasingly like an intelligent [...]
Is the future of the Big Six advertising agencies under threat? March 2, 2020 Navel-gazing about the future is becoming increasingly fashionable in adland. The last few years have been tricky for the industry, as profits have faltered and clients have demanded more and more of the major players. It has led to concerns that the Big Six, the marketing giants which have dominated the sector for the last [...]
The new Formula One season is almost upon us but McLaren chief Zak Brown has one eye on 2021 March 1, 2020 Last year’s fourth-placed finish in the Formula One constructor’s championship saw McLaren end one of the most turbulent decades in the team’s history on a high. While it was a huge step forward – climbing from ninth and sixth in the previous two seasons – maintaining that trajectory this year looks all but inconceivable. Mercedes, [...]