Chelsea kick Heron Tower police raid firm into touch March 25, 2015 CHELSEA Football Club has ripped up its partnership agreement with a firm that was raided by the police’s fraud squad earlier this month, City A.M. understands. CWM FX became the Premier League club’s official online forex trading partner at the start of the year, as part of a sequence of glamorous marketing deals directed at [...]
MPs grill Sports Direct chairman over collapse of retail chain USC March 25, 2015 MPS ACCUSED Sport Direct of running “a backstreet outfit” yesterday after chairman Keith Hellawell admitted the retailer had withheld a payment from Diesel to force it to keep supplying USC. The Scottish affairs committee, led by chairman Ian Davidson, grilled Hellawell for two hours over the collapse of the retail chain after it was put [...]
Academies to benefit from clubs’ profits March 25, 2015 Teams tipped to invest in new stadia League more attractive to investors PERHAPS it is pertinent that the Premier League’s emphatic return to profitability after 15 years is confirmed on the day that its club chiefs meet to discuss decisions that could shape the next decade or more. Today in London Football Association chairman Greg [...]
Rangers end Mike Ashley loan agreement but take £1.5m from Three Bears consortium March 23, 2015 Cash-strapped Rangers will receive a boost after Douglas Park, George Letham and George Taylor agreed to provide £1.5m loans to the football club. The loans from the group known as the "Three Bears consortium" are being made available until 31 December 2015 for working capital requirements and will be provided on an unsecured basis, meaning [...]
Sport Comment: Hoddle is right, Friday fixtures can reverse English teams’ Champions League struggles March 19, 2015 SKY Sports turned their cameras on one of their own last weekend with a revealing profile of Glenn Hoddle, a fabulously talented footballer who was mistrusted by England managers and then mistreated by the Football Association when he took charge of the national team himself. Hoddle never quite got over the shock of being forced [...]
Sky Sports subscription fees rise following record Premier League deal March 19, 2015 Sky Sports has raised its prices for subscriptions just weeks after winning the rights to a record £4.2bn Premier League TV deal. Sky’s average subscription price increasing by £2.50 per month, while the sports bundle will rise by £1 to £47 a month from 1 June onwards. The broadcaster paid £4.2bn for the rights [...]
One chart showing how much the finance sector dominates the FTSE 100 March 19, 2015 The FTSE 100 is dominated by companies in the financial and retail sectors, with these making up 43 per cent of the UK’s top companies. There are 23 FTSE 100 companies in the financials sector – which includes 10 in insurance and five in banking. The largest of these companies is HSBC, with a market [...]
Budget 2015 is all about that tax: Prepare for Osborne to say it every 31 seconds while wearing a blue tie, bookies predict March 17, 2015 It’s all about the tax in the upcoming budget. Chancellor George Osborne is expected to utter the word 108 times in his speech which is expected to last 56 minutes – or once every 31 seconds. That’s the predictions of spread betting firm Sporting Index when the chancellor takes the stage in the Commons for [...]
London will only solve its housing crisis if we face up to Green Belt myths March 15, 2015 London has been the most successful global city in the last quarter century. The brightest young people wish to live here, and it is a world leader in countless fields – professional and financial services, higher education, culture and sport among others. London’s population growth is a direct result of its success. But unless this [...]
Randy Work joins Roman Abramovich and Sir Chris Hohn with multi-million pound divorce settlement March 10, 2015 London cemented its reputation as the divorce capital of the world after a businessman was ordered to pay his ex-wife £72.3m, amounting to half his wealth. Randy Work, a former private equity executive at Lone Star, argued that his £150m fortune should be protected from ex-wife Mandy Gray as he was the “breadwinner” and because [...]