Roy could bank £300k from potential Major League Cricket stint March 27, 2023 England international Jason Roy could receive a payday of £300k if he takes part in Major League Cricket’s (MLC) inaugural season later this year. The opener, who won the 2019 one-day World Cup with England, has been out of Matthew Mott’s side in recent tours and could cash in on up to $75k (£61k) per [...]
I’ve seen 34 managers leave Crystal Palace and Patrick Vieira made me saddest – Ed Warner March 23, 2023 In my five decades supporting Crystal Palace I’ve seen 34 managers come and go (not including caretakers). Some resigned, others were sacked or left by the euphemistic “mutual consent”. One appeared to retire only to be reappointed this week – welcome back Roy! They ranged from the ‘aargh!’ (Alan Mullery and Steve Bruce) to God [...]
Plunkett to play in inaugural Major League Cricket competition for Unicorns March 20, 2023 England 50-over World Cup winner Liam Plunkett will be part of the inaugural Major League Cricket competition in the United States having signed for a franchise across the pond. The former international bowler will play for the San Francisco Unicorns when the MLC competition gets underway in July. Due to the 37-year-old’s wife being from [...]
FTSE 100 close: Global banking rout weighs on index as budget does little to lift sentiment March 15, 2023 London’s FTSE 100 slumped this afternoon as the banking sector faced a major sell-off following concerns over the future of Credit Suisse. The capital’s premier index closed 3.83 per cent lower at 7,344.45 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 2.63 per [...]
“Project Yeti”: Inside the scramble to save Silicon Valley Bank UK March 13, 2023 “It’s going down to the wire.” That was the view of Coadec CEO Dom Hallas at 11pm on Sunday evening after hours of meetings had failed to produce a deal on the future of Silicon Valley Bank – with the tech industry warning it would be an existential threat to thousands of firms across the [...]
HSBC buys Silicon Valley Bank UK for £1 in last-minute rescue for tech firms March 13, 2023 HSBC has announced this morning it is buying the stricken UK arm of Silicon Valley Bank, providing a lifeline for tech firms who had feared losing access to their deposits. The global giant emerged as a ‘white knight’ late last evening – against competition from the Bank of London and an Abu Dhabi investment fund [...]
‘Down to the wire’: Treasury and Bank scramble for Silicon Valley Bank UK package March 12, 2023 Treasury and Bank of England officials are locked in discussions over the future of Silicon Valley Bank’s (SVB) UK arm – with leading tech figures across London suggesting the bank’s collapse could be an extinction-level event for thousands of firms. The UK-owned subsidiary of Silicon Valley Bank was placed into insolvency earlier this evening, with [...]
In Defence of Capitalism: How free markets are lifting people out of poverty March 8, 2023 In the second of an eight part series, the historian and sociologist Dr Rainer Zitelmann writes for City A.M. in defence of capitalism, arguing that freer markets are usually the answer to society’s problems, not the cause. Each week he will ‘myth-bust’ the common complaints about capitalism – and this week, it’s that capitalism is responsible [...]
A tipple could help Hunt through his budget and investors through further inflation March 7, 2023 Whisky casks are quickly growing into one of the most popular "alternative assets". The older the cask, the better it tastes, giving you a strong return that hedges against inflation, writes Simon Aron
Car sales: Better deals and more availability have pushed numbers up with Vauxhall models most popular March 6, 2023 The number of newly registered vehicles rolled out on the UK’s roads continued to soar with car sales rising for the seventh consecutive month. According to figures published by the Society of Motor Manufacturers and Traders(SMMT) car registrations rose by 26.2 per cent in February as an easing of supply chain shortages steered the market [...]