Blurred lines: Athlete investors on rise as brands embrace new ways to partner with sport stars June 22, 2022 When Anthony Joshua and Dazn announced a new partnership last week, one of the most eye-catching aspects of the deal was that it involved the British heavyweight boxer acquiring a stake in the sports streaming platform. It was just the latest example of a prominent athlete cultivating a business portfolio to complement their sporting career. [...]
McLaren Artura review: second coming for the supercar June 21, 2022 The long-awaited Artura is a new kind of McLaren supercar, with a high-revving V6 and a fully electric mode. Tim Pitt drives it.
To turbocharge our own EV revolution we must ensure affordability for all June 21, 2022 The starting cost of a brand-new Nissan LEAF, the electric vehicle launched at Nissan over a decade ago, is just shy of £30,000. For roughly the same price, you can pick up a used Aston Martin DB9 with around 50,000 miles on the clock. Of course, we are comparing apples with oranges, but it highlights [...]
Value of litigation funders’ war chests hits record highs as investors seek to bankroll UK class actions June 20, 2022 THE value of UK litigation funders “war chests” has hit record highs of £2.2bn, as investors are increasingly bankrolling class-action lawsuits in a bid for higher returns. The value of assets held by third-party litigation funders, for use in bankrolling cases, has increased ten-fold over the past decade, having doubled in the past three [...]
‘I am proud of them’: Biden backs Apple workers unionising June 20, 2022 President Joe Biden said he was proud of Maryland workers who voted to join a union at the weekend becoming the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon.
Etsy accused of not paying enough UK tax, forking out £128,000 after pocketing £160m in sales June 20, 2022 Online marketplace Etsy has become the latest US retailer to be accused of not paying enough tax in the UK, having forked out just £128,000 as it pocketed £160m in sales. Etsy would have been liable to pay some £7m in corporation tax, had it booked all sales made in the UK at its [...]
Central banks face tough journey to ‘Goldilocks’ policy setting June 19, 2022 Goldilocks found the perfect bowl of porridge through trial and error. The US Federal Reserve, Bank of England and the rest of the central banking elite are following a similar rationale right now. They are grasping for that “just-right” policy setting which allows an economy to reach its full potential without knowing what that setting [...]
Apple shop workers in Maryland join union in first for tech giant June 19, 2022 Apple employees in Maryland have become the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon. Workers at one Apple store voted to join a union over the weekend, the first retail staff working for the tech titan to unionise in the US. After a ballot of [...]
Inside Britain’s food wars: exaggerated veggie claims risk a diet culture war June 17, 2022 Remember being told an apple a day keeps the doctor away? Not so simple, it turns out, as the government discovered with its new Food Strategy, with its plans to halve childhood obesity and make farming in the UK more resilient. The strategy follows an independent review by Henry Dimbleby, the co-founder of restaurant chain [...]
Apple to face £768m lawsuit over claims iPhone update slowed down devices June 16, 2022 Apple is set to face a £768m class action lawsuit over claims it misled iPhone users into downloading updates that slowed old iPhones down. Campaigner and consumer champion Justin Gutmann has filed a claim to the competition appeals tribunal, seeking around £768m in damages for up to 25m British iPhone owners. The lawsuit comes after [...]