Looking after number one: Your guide to topping up the pension May 19, 2022 Live fast, die young, bad girls do it well, raps London’s M.I.A. But what if you are a sensible girl, live slow, and actually die old? The millennial mindset may be one hurdle to long-term investing. But pensions are there for a reason: they are a “surprising, sneaky, clever little vehicle for investment”, as Tamara [...]
The TMT M&A game change: Are dealmakers ready to play? May 18, 2022 A few months into 2022, and mergers and acquisitions (M&A) activity in the technology, media, and telecommunications (TMT) sector is already setting the tone for an interesting year ahead, with some organizations making bold moves into the new and next. This is after a banner 2021 where the sector topped the tables in both value [...]
Chasm at ECB widens as list of priorities for new CEO grows May 17, 2022 With the resignation of England and Wales Cricket Board (ECB) chief executive Tom Harrison yesterday, yet another chasm appeared in the national set-up. Though current managing director of women’s cricket Clare Connor will take over the responsibilities on an interim basis, the governing body in charge of England’s international and domestic game will eventually need [...]
Warren Buffett bets on Paramount by snapping up £2bn stake May 17, 2022 Just when you think the streaming wars may be starting to settle down, one of the world’s most famous businessmen Warren Buffett snaps up a major stake in Paramount Global. Shares jumped over six per cent yesterday for the owner of MTV and Nickelodeon after it was revealed in a regulatory filing that Buffett’s holding [...]
S4 Capital reveals fresh US acquisition despite reports that Sorrell has expanded too much too quickly May 17, 2022 Following a scathing Sunday Times investigation which implied it has grown too much too quickly, ad and marketing giant S4 Capital announced it would be combining MediaMonks and LA-based firm TheoremOne in a push for its tech services.
Martin Lewis apologises for sweary rant after branding Ofgem changes a “f******g disgrace” May 16, 2022 Martin Lewis has apologised for "losing his rag" during a furious rant to Ofgem over proposed changes to the energy sector.
Why big firms are rarely toppled by scandals May 16, 2022 Everyone makes mistakes. And that includes the world’s biggest companies, which are reliably prone to gaffes, errors of judgment and wrongdoing. Some of these moments could even be labelled as corporate scandals – the kind of incident which shoves firms into the spotlight and places their activities under detailed public scrutiny. But do these events [...]
Exclusive: Andy Warhol’s iconic pop art queen to go on sale to mark platinum jubilee with public to own £100 shares May 16, 2022 City A.M. can reveal this morning that Andy Warhol’s world-famous portrait of the Queen will be sold to the public as part of the Monarch’s upcoming Platinum Jubilee celebrations. The ‘Elizabeth II’ screen print (1985) has been acquired by Showpiece.com and will enter into fractional ownership, a scheme which allows ordinary members of the public [...]
F1 must decide if chasing new markets should come at cost of racing May 16, 2022 The Crypto.com Miami F1 Grand Prix was every bit as commercialised and over the top as you’d expect from anything in the Sunshine State of Florida. But among the fanfare, celebrity and extravagance of last week’s event, the racing was almost forgotten. A safety car caused by McLaren’s Lando Norris was the only point of [...]
Sadiq Khan could be leading the way in deserting the foolish war on drugs May 16, 2022 Those who like to think they take the long view of history will tell you that the “war on drugs” started in 1971, when Richard Nixon declared illegal narcotics to be public enemy number one. Yet its lineage extended far further back than that: in the US, Congress banned alcohol for nearly 15 years from [...]