Week in Sportbiz: Is crypto the next big player in sports sponsorship? Plus Extreme E’s Suez near miss and Amazon’s Six Nations interest March 25, 2021 Where US sports lead, others tend to follow, so it was with interest that industry insiders noted developments in Florida this week. Miami Heat’s home is set to be rebranded the FTX Arena after the NBA side struck a naming rights agreement with the cryptocurrency exchange. FTX will pay $135m for the 19-year deal, the [...]
Over half of households now commuting to work again March 25, 2021 More than half of all households could now be travelling to work again, analysis of their daily energy usage shows. According to challenger energy brand Bulb, about 54 per cent of households are now commuting into work, up 13 per cent from the beginning of January. Using data from its smart meters, the company is [...]
Hyper-local offices and central HQs could chart the path forward to save cities March 23, 2021 Enforced home working and lockdown travel restrictions have, for many, led to a journey of local discovery. To name but a few, the surprise and delight of hidden parks and gardens discovered during our daily exercise ration and great independent food shops providing welcomed morning coffee hits and morale-boosting treats. However, despite the lack of [...]
Smithfield, Billingsgate and New Spitalfields markets to move to Dagenham Dock March 22, 2021 The City of London has received the green light to relocate its three historic food markets to a purpose-built site at Dagenham Dock in east London. Smithfield, Billingsgate and New Spitalfields markets will merge to form one of the UK and Europe’s biggest wholesale food market destinations under the plans, which will be submitted to [...]
TfL accepts emergency funding extension until May March 22, 2021 Transport for London (TfL) has this morning agreed to an emergency seven week extension to its current funding deal to keep it going amid the pandemic. The transport network had been hoping to strike a long-term funding agreement with the government to begin fixing its finances, but last week transport secretary Grant Shapps pulled the [...]
Is Sadiq Khan’s re-election as London Mayor inevitable? March 22, 2021 On Thursday 6 May, Londoners will go to the polls. Or, more likely, many won’t; turnout last time was 45 per cent to elect a new mayor, or else confirm the incumbent in office. This is the largest single exercise in democracy the UK has, excepting referendums, with an electorate of around five and a [...]
London needs a transport shake-up, with cheaper rail prices, e-scooters and new funding systems for TfL March 20, 2021 One year into the pandemic and London is on the brink of a transport revolution. For many the only obvious step change has been a retrograde one. Londoners continue to avoid public transport with almost the same zeal with which we once crammed ourselves onto tube carriages. Driving cars, while not quite back in vogue [...]
City Corporation launches public consultation for revised City Plan March 19, 2021 The City of London Corporation has today launched a public consultation for the revised City Plan 2036 and is calling on all those affected – including workers, businesses and residents – to provide feedback. The plan sets the strategic direction on future development of the City over the next 15 years and includes the vision, strategy, objectives and [...]
What investors can learn from Bill Gates’ climate warning March 19, 2021 When one of the world’s wealthiest individuals writes a book on avoiding climate disaster – and suggests changes we all need to make to our lifestyles – it is easy to be cynical. But the high-profile intervention of Microsoft founder Bill Gates in the climate change debate should be welcomed. This is not just a [...]
Sadiq Khan: London’s Covid recovery must fight injustice and promote a greener capital March 19, 2021 London has faced many difficult times before, but there’s no doubt that the last year has been one of the most testing, traumatic and turbulent periods in our city’s history. In 1945, Londoners rebuilt and renewed, working together to forge a more equal society from the ruins of war. They wanted to ensure that our [...]