Ahead of the Game: Manchester City row delays EFL New Deal October 16, 2024 Manchester City’s ongoing legal battle with the Premier League has dealt another blow to EFL clubs, who are fearful of further delays over reaching an increased funding settlement from the top-flight which was billed as the so-called New Deal for Football. The Premier League was pushing its members to agree an £836m package for the [...]
Porsche Macan EV review: Popular performance SUV goes electric October 15, 2024 You’ll note the title of this review refers to the ‘Porsche Macan EV’. In truth, this car is just the ‘Macan’ – a clean-sheet new SUV intended to replace the long-serving combustion car. However, the market’s less-than-ravenous appetite for EVs has forced a rethink. So, for now at least, Porsche will continue selling the petrol-powered [...]
Mike Ashley’s Frasers Group buys stake in Hudson Malta to boost global expansion October 15, 2024 Frasers Group, the empire controlled by Mike Ashley, is to expand into Malta and Africa after acquiring a “significant non-controlling” stake in a retail and distribution business. The London-listed group has invested in Hudson Malta, which has operations across 36 African countries. The owner of Sports Direct and House of Fraser said the deal reflects [...]
The UK is an economic powerhouse – and we should know October 14, 2024 Brits should be less British about boasting about the strengths of our economy and our enduring spirit of entrepreneurialism, creativity and innovation, says Saker Nusseibeh It is a common characteristic of our national discourse to err towards the negative. An inclination to see, but not celebrate, what this country already does so well. Perhaps it [...]
What impact will ECJ ‘Bosman Mark II’ Diarra ruling have on private equity? October 14, 2024 The so-called “Bosman Mark II” Diarra ECJ ruling will have an impact on football but fortune will favour the flexible when it comes to private equity. Described by many as “Bosman Mark II,” the recent European Court of Justice (ECJ) ruling in the Lassana Diarra case has captured the attention of the European footballing community, [...]
West Ham: Premier League star enlists top barrister for spot-fixing case against FA October 11, 2024 West Ham's Lucas Paqueta has called in top City barrister for his spot-fixing case against the Football Association (FA)
New Balance doubles sales in two years as profit jumps October 9, 2024 The UK arm of New Balance has more than doubled its sales in the space of just two years as its profit jumped by more than £140m. The Cheshire-headquartered division has posted a turnover of £882.1m for 2023, up from £679.7m in 2022 and £413.5m in 2021. Newly-filed accounts with Companies House also show that [...]
McLaren W1: A ‘once in a generation’ hybrid hypercar October 8, 2024 When the opening gambit is ‘a successor to the McLaren F1 and P1’ – two of the greatest supercars in history – you know what follows will be something special. Or it certainly needs to be. The McLaren W1 does not disappoint. Welcome to the inner sanctum of a futuristic, semi-subterranean factory in Woking: home [...]
Why Uber chief thinks electric cars are ‘just plain better’ October 8, 2024 Electric vehicles (EVs) are “just plain better”, the chief executive of Uber has claimed, as the ride-hailing app giant detailed plans to doubling down on accelerating to be fully electric in the UK. Dara Khosrowshahi made the comments as he spoke at Uber’s annual green event at the Science Museum in London on Tuesday. The [...]
Social impact investors demonstrate ‘stability’ as market hits £10bn October 8, 2024 Britain’s social impact investment market has “once again” grown, as investors show confidence within impactful investments, a new report has revealed. According to an annual assessment by one of the UK’s largest impact investors, Better Society Capital, the social impact investment market jumped seven per cent in 2023 to £10bn, up from £9.4bn in 2022. [...]