Paddy Power and Betfair owner Flutter Entertainment is in talks to buy Italian gambling company Snaitech, the consumer division of Playtech, in a deal that could be valued at around …
Financial Planning
BBL champions London Lions bought out of administration by Lithuanian group and Zalgiris Kaunas
British basketball champions London Lions have been bought out of administration by Lithuanian group Tesonet and Zalgiris Kaunas. London Lions were taken to the brink of extinction by the collapse …
Bowling and gyms the surprise winner as Brits look for affordable fun in sporting summer
The cost-of-living crisis may have started to tail off slightly, but it hasn’t gone away completely, as Brits chose affordable attractions during the summer. Amusement parks, aquariums and gyms topped …
Who gives a crap? Lewes FC confirm new sponsor of ‘crappiest kit of all’
Lewes FC, the world’s first gender equal football club, have announced eco toilet paper brand, Who Gives A Crap, as its new sponsor. It is claimed the kit will be …
FCA fines Cyprus-based trading broker £276,100 for ‘pressuring’ customers to put money at risk
The Financial Conduct Authority (FCA) has fined Cyprus-based trading broker Forex TB (FXTB) Limited £276,100 for treating customers unfairly and providing unauthorised investment advice. The City watchdog said it would …
Leeds-upon-Thames? How the West Yorkshire heartland is luring British institutions away from London
Over the past few years Leeds has emerged as a go-to destination for British institutions looking to venture beyond the M25. Since 2018 Channel 4, the Bank of England, the …
LG Electronics: UK sales suffer almost £100m fall as Samsung rivalry heats up
Sales at the UK arm of LG Electronics have been slashed by almost £100m after it lost market share and Samsung stepped up its competition. The Surrey-headquartered division has reported …
Ultimate Products: Russell Hobbs seller hit by rising shipping costs and weak demand
Consumer goods giant Ultimate Products, which owns Britain’s oldest homeware brand Salter and sells certain Russell Hobbs items under license, has seen its profit dip amid soaring shipping costs and …
AI-powered semi-automated VAR set for Premier League debut
The Premier League will partner with Genius Sports Limited to produce AI-powered semi-automatic VAR for the 2024/25 season, it was announced this morning. VAR faced serious backlash last season with …
Secure Trust Bank upgrades cost-cutting target as regulator review weighs on earnings
Secure Trust Bank has raised its cost-cutting target, while a review by City regulator affecting its vehicle finance arm weighed on the firm’s earnings in the first half of 2024. …