Britain’s sporting success will help economic growth August 1, 2022 Sport has had a busy summer in the UK as we marked England’s victory at the UEFA Women’s Euro and the start of the Commonwealth Games last week. It was with great pride that people across the country watched the Lionesses’ incredible performance and did us all proud. For many, it has brought back fond [...]
23m Brits on £2.4bn spending spree today as the nation tunes in for the Women’s Euro final July 31, 2022 Nearly 23m Brits are expected to spend money today as they will be celebrating England Women’s first appearance in a major football final since 2009. The EURO final today is expected to generate an average spend per person of over £46.08 before, during and after the match with the top purchases being food delivery (62%), [...]
Kit hits the fan: Retailers running out of England Women’s shirts ahead of Euros final July 28, 2022 Retailers are running out of England Women’s football shirts ahead of the Lionesses’ Euro final against Germany on Sunday. The official England online store, kit maker Nike’s website and a host of high street retailers had sold out of all but extra-small women’s home shirts, which are priced at £75, on Thursday. “We have seen [...]
Frasers Group acquires fast fashion website I Saw It First after rescuing Missguided July 28, 2022 Mike Ashley’s retail emporium Frasers has inked a deal to acquire fast fashion firm I Saw It First. In an announcement on the London Stock Exchange on Thursday morning, the Sports Direct owner confirmed The Telegraph’s reports that it was to poach the website. I Saw It First was created by Jalal Kamani in 2017, [...]
How the metaverse will change the world July 22, 2022 Crypto AM's Jonny Fry examines the metaverse and how he believes it will revolutionise virtually all aspects of human endeavour.
The best new supercars to buy in 2022 July 21, 2022 Our pick of the best supercars you can buy, including the McLaren Artura, Porsche 911 GT3 and Lamborghini Huracan STO.
Mike Ashley’s Frasers Group posts record profits as retailer’s revenues surge July 21, 2022 Frasers Group today posted “record” pre-tax profits after the group’s revenues grew 30.9 per cent, to heights of £4.75bn. The revenue growth saw Mike Ashley’s retail conglomerate post “record” adjusted profits before tax of £344.8m. The record results come after the firm posted pre-tax profits of just £8.5m in 2021, due to the impacts of [...]
Merciless verdict: Accounting watchdog FRC slams BDO and Mazars for ‘unacceptable’ audits July 20, 2022 Auditors BDO and Mazars have been called out for the “unacceptable” quality of their work by the accounting watchdog. The Financial Reporting Council (FRC) said there has been “some improvement” across the auditing sector amid heavy scrutiny following failings linked to the major collapses of firms such as Carillion. FRC chief executive Sir John Thompson [...]
Tax and spend? We can’t save public services without a unified tech policy July 20, 2022 There are numerous ways in which to judge a potential leadership candidate. Their sheer electoral appeal, their reputation within the party, their communication style and authenticity, their experience, or their policy agendas. Or often all of the above. In regards to the latter, the candidates are unsurprisingly fixated on the same old conventional arguments about [...]
Grant Thornton slapped with multi-million pound fine after FRC calls out ‘serious failings’ in Sports Direct audit July 18, 2022 The UK’s accounting watchdog today hit Grant Thornton with a £2.05m over “serious failings” in its audits of high-street retailer Sports Direct. The fines come after the UK’s Financial Reporting Council (FRC) said Grant Thornton had failed to properly scrutinize Sports Direct’s relationship with an unnamed delivery company and the impact the relationship would have [...]