Six Nations investors CVC bids $1bn for major tennis competitions March 3, 2025 Private equity giant CVC Capital Partners are set to bid for a portfolio of high-profile tennis events worth £790m that includes the Madrid and Miami Opens. It could see the Six Nations investor add to its existing tennis interests, which include a commercial joint venture with the WTA launched in 2023. The portfolio – currently [...]
UK watchdog probes Tiktok over child data practices March 3, 2025 The UK’s data watchdog has launched a major investigation into Tiktok, Reddit and Imgur, raising new concerns over how social media platforms handle children’s personal information. The Information Commissioner’s Office (ICO) is scrutinising the video platform’s use of teenage user data to recommend content, amid growing fears that its algorithm could expose young people to [...]
‘That’s not me’: Blatter denied fraud as £1.6m Platini row returns to court March 3, 2025 Former Fifa kingpin Sepp Blatter reiterated his innocence over a £1.6m payment made to ex-Uefa chief Michel Platini as the fraud case returned to court on Monday. Two of football’s most influential figures of the 21st century are back in the dock after Swiss prosecutors appealed a decision to acquit both men at a previous [...]
Navigating the unknown: How Hogan Lovells advises businesses in an unpredictable world March 3, 2025 With the increased geopolitical risks and unpredictability, regulatory and public law specialised lawyers, such as Hogan Lovells, are in the spotlight
Small businesses forced to raise prices ahead of national insurance jump March 3, 2025 The price of small businesses’ goods and services is set to be the latest victim of Rachel Reeves’ national insurance hike, a new survey has revealed. More than four-in-ten of the UK’s small and medium-sized businesses (SMEs) have said the government’s increase in National Insurance Contributions (NIC) for employers will negatively impact them. Nearly a [...]
The Barbican and the Ned to represent London at major New York travel show March 3, 2025 Two of the City of London’s most important cultural venues will promote the area at a New York travel show later this month. The Barbican and the Ned will attend SMU International, an event that connects industry experts with travel buyers looking to invest worldwide. Jenny Waller, head of sales at the Barbican, said the [...]
Wayve: Nvidia, Uber and Softbank backed EV startup set for global expansion March 3, 2025 British artificial intelligence (AI) startup Wayve, which develops autonomous vehicle systems, has announced plans to accelerate its international expansion by launching a new hub in Stuttgart, Germany. Backed by tech giants Uber and Softbank, the self-driving firm is testing its AI-powered self-driving tech in Germany and the US and plans to secure partnerships with various automakers. [...]
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]
Starmer to present Ukraine plan to parliament after frantic diplomatic weekend March 3, 2025 Sir Keir Starmer is set to make a statement in the Commons this afternoon to present a plan forged with President Macron over the weekend for a European “coalition of the willing” to guard a peace process in Ukraine. The prime minister will take questions from MPs from 15:30, with an opposition response from Conservative [...]
Israel halts all aid into Gaza as it demands Hamas accepts new ceasefire plan March 2, 2025 Israel has stopped the entry of all goods and supplies into the Gaza Strip and warned of “additional consequences” if Hamas does not accept a new proposal for an extension of the first phase of the fragile ceasefire. Hamas accused Israel of trying to derail the truce and said its decision to cut off aid [...]