Premier League on rocky road with plans to regulate sponsorship deals in wake of Newcastle takeover November 18, 2021 The recent takeover of Newcastle United by the Saudi Arabia’s Public Investment Fund created quite a storm – both in the media and, according to reports, the other Premier League clubs. Since the introduction of so-called financial fair play regulations at the start of season 2013-14 – known as the Profitability and Sustainability Rules in [...]
Daily Mail publisher reports revenue drop with job cuts looming November 18, 2021 Daily Mail and General Trust (DMGT), owners of Metro and MailOnline, announced revenue was down one percent to £1.1bn this morning as it continues to feel the impact of the pandemic on events.
Many Tory MPs furious as Boris Johnson admits he ‘crashed the car’ in Tory sleaze row November 18, 2021 Prime Minister Boris Johnson urgently needs to rebuild public trust after admitting he “crashed the car into a ditch” in the row over standards at Westminster, according to warnings from his own MPs. Deputy Prime Minister Dominic Raab insisted ministers are committed to “fixing the problem” amid continuing frustration and anger among Tory MPs at [...]
Ed Warner: Sewing ruling bodies together is not always the answer November 18, 2021 I’m a late adopter of LinkedIn, only joining this summer as a means of promoting Sport inc. Compiling my profile, I paused for just a second before deciding not to include my inglorious 52 days as interim chair of the British Basketball Federation back in 2018. On Sunday, as the T20 World Cup neared its [...]
Geordie Greig to step down as Daily Mail editor amid leadership reshuffle November 17, 2021 Geordie Greig is leaving his job as editor of Mail Newspapers after ten years in the role. Ted Verity has been appointed as his replacement, a position that will include overall responsibility of the Daily Mail and The Mail on Sunday of which he has been editor for the last three years. It comes a [...]
The most popular source of investment ideas for Gen Y and Z? Social media November 17, 2021 A new survey has confirmed the trends we saw during the pandemic, when retail investing became part of the zeitgeist due to a combination of social isolation, boredom, spare cash and rapidly innovating fintechs. Over half (56 per cent) of 18-34 year olds in the UK who invest attribute their strategy to ideas published on [...]
Exclusive: The pandemic showed the limitations of an online-only model, says retail guru November 17, 2021 A year of enforced change in buying habits where pretty much everything went online has reverted to ‘the new normal’. The Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain some concerns over the logistics of browsing and [...]
The Analyst: Disney becomes the mouse that squeaked November 17, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his latest monthly column for City A.M. Disney’s shares fell over 7 per cent the day after it published poorly received full year results (Disney’s financial [...]
UK advertising watchdog probes crypto meme coin Floki’s marketing ‘assault’ on London transport November 17, 2021 The Advertising Standards Authority (ASA) has bowed to calls for an investigation into an ad campaign for a digital token named after Elon Musk’s new dog, Floki, after hundreds of adverts for the cryptocurrency appeared across the capital’s transport network. A spokesperson for the ASA told City AM that the watchdog is currently investigating the [...]
Cryptocurrency slump tempered by trend of ‘buy the dip!’ November 17, 2021 Bitcoin continues to hover around the $60k mark, down two per cent over the past 24 hours at time of writing and 10 per cent over the past seven days.