Ahead of the Game: Man United cuts could be copied by other clubs Sport Business Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Hundred salaries rise amid rumours of player boycott of cricket competition Sport Salaries for players participating in The Hundred have risen by 25 per cent ahead of the 2025 edition amid rumours players are threatening to boycott the league. Around 50 players are said to be considering snubbing the England and Wales Cricket Board’s flagship short-form competition after restrictions were placed upon where in the world they [...]
Eurozone inflation rises faster than expected in October Economics New 'flash' figures from Eurostat showed that inflation rose back up to 2.0 per cent, rising from 1.7 per cent in September and slightly higher than markets had expected.
ECB deadline for expressions of interest in Hundred passes today October 18, 2024 Today is a significant day for cricket and the financial security of the sport in England. Because at some point later today the deadline will pass for official expressions of interest in the eight for sale Hundred franchises. In a fund raise that the England and Wales Cricket Board hopes will generate close to £500m, [...]
Hundred bids close today. Ambani family and Delhi Capitals among parties October 18, 2024 Bidding in the first round of the Hundred auction closes today with the ECB confident that the eight franchises will attract between 60 and 80 bids. City AM has been told that many of the bidders have put in offers for several Hundred franchises however, which the ECB are encouraging in an attempt to inject [...]
ECB cuts interest rates again as inflation continues to fall October 17, 2024 The move means the main interest rate was reduced by 25 basis points to 3.25 per cent, down from a peak of four per cent which was reached last September.
Eurozone inflation falls below target for the first time since mid-2021 October 1, 2024 Annual inflation fell to 1.8 per cent in September, down from 2.2 per cent in August and below the 1.9 per cent expected by economists.
Interest rates heading lower after historic week for central banks September 23, 2024 For many central bankers, concerns about sluggish growth and the health of the labour market are now as prominent - if not more so - than fears about inflation, paving the way for an extended period of rate cuts.
ECB cuts interest rates again as inflation continues to ease September 12, 2024 Despite the cut, interest rates remain in restrictive territory in the eurozone, meaning monetary policy is still bearing down on inflation and slowing growth.
Fed’s rate cut in the balance ahead of US inflation figures September 8, 2024 The figures come out a crucial time with the Fed preparing to cut interest rates for the first time since the pandemic.