Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute October 15, 2025 A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to the winning bidder take centre stage in court. Media baron Richard Desmond’s group Northern and Shell and its subsidiary, the New Lottery Company, launched legal [...]
Starmer’s business adviser is ‘frontrunner’ to be US ambassador October 15, 2025 Keir Starmer’s business adviser is a frontrunner to replace Peter Mandelson as the UK’s ambassador to the US, according to reports. Varun Chandra, a former venture capital executive who has had to curry favour with business leaders and investors in a difficult year for the UK economy, is being considered for the important diplomatic role [...]
R360 chiefs hit back at NRL 10-year ban ‘threats’ to rugby players October 15, 2025 R360 chiefs have hit back at “threats” made to players after the NRL said it would ban those who engage with the rebel league for 10 years. A number of rugby unions came out last week insisting players who ditched their clubs for the start-up Formula 1-style globetrotting league would not be picked for their [...]
Liverpool owners target ‘much more’ success after 15 years at helm October 15, 2025 Liverpool’s owners, Fenway Sports Group, have insisted their “work isn’t done” as they mark 15 years since their takeover of the current Premier League champions. The multi-sport group, whose portfolio also includes the Boston Red Sox in Major League Baseball, has overseen a major upturn in the club’s fortunes both on and off the field [...]
Bankers to get bonuses much sooner as PRA relaxes rules October 15, 2025 Bankers will be able to collect their bonuses much sooner under a relaxation of remuneration rules unveiled by the UK’s prudential regulator. The new rules will allow part-payment of bonuses for the most senior bankers from year one, rather than year three under previous rules. The amount of time that senior bankers must now wait [...]
Trump threatens to pull Olympics from LA and World Cup from Boston October 15, 2025 President Donald Trump has threatened to move the 2028 Olympic Games away from LA, and has warned 2026 Fifa World Cup matches in Boston could be shifted out of state. The remarks, made by the President in the White House, follow threats by the real estate tycoon to move World Cup matches away from San [...]
eBay: UK profit surges after selling fees removed October 15, 2025 Profit at the UK arm of eBay has surged despite its decision to waive selling fees impacting its revenue during its latest financial year, it has been revealed. The division of the US giant has posted a pre-tax profit of £36.5m for 2024, up from the £2.7m it achieved in 2023. New accounts filed with [...]
Rachel Reeves: We are looking at tax hikes October 15, 2025 Chancellor Rachel Reeves has revealed the government is considering making tax hikes at this year’s Budget, the first time she has made the admission in public. In an interview with Sky News, Reeves admitted that the government was considering raising tax and cutting spending to fill a fiscal hole. The Chancellor said she would “always [...]
Sumo wrestling back at Royal Albert Hall and televised free-to-air October 15, 2025 Sumo wrestling will head to the iconic Royal Albert Hall this week as the Grand Sumo Tournament headlines London. It will be the first time this level of sumo has left Japan since 1991, when the Japanese stalwart sport also arrived at South Kensington’s Royal Albert Hall. PlutoTV – which last month saw Ronnie O’Sullivan [...]
Reeves revives plan to cut cash ISA despite backlash October 15, 2025 Chancellor Rachel Reeves is looking to use the looming Autumn Budget to kickstart plans for a major overhaul of tax-free ISAs, in a bid to get people’s cash savings into domestic stocks. The Chancellor is understood to be reviving a plan to cut the tax-free limit on cash ISAs, potentially halving it from £20,000 to [...]