Business

The chairman of one of the founding clubs of the breakaway European Super League has said the project can no longer go ahead. Andrea Agnelli, chairman of Juventus, said that the league was no longer viable following the withdrawal of the six English clubs involved on Tuesday evening. Shortly after Agnelli’s statement, another club has

All English clubs have now pulled out of the European Super League. Manchester United, Liverpool, Arsenal and Tottenham Hotspur have confirmed they will follow Manchester City and Chelsea in withdrawing from the planned tournament. United said: “We will not be participating in the European Super League”. Chelsea, faced with an angry protest from their fans,

The government is “exploring every possibility, including legislative options”, to stop the proposed European Super League, the prime minister has said. Speaking after talks with officials from football’s governing bodies, Boris Johnson said “no action is off the table” in seeking to block the formation of the league. A Number 10 statement said: “The prime

Liverpool manager Jurgen Klopp has said he did not find out about the European Super League until its announcement – and stood by previous comments in opposition to the idea. Speaking on Monday Night Football on Sky Sports, Klopp was asked about comments in 2019 in which he said he hoped such a competition would

Plans for a breakaway European Super League are a “spit in the face of all football lovers”, the president of UEFA has said. Aleksandr Ceferin said players at the 12 clubs setting up their own competition, including Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham, could be banned from this year’s European Championship and

An American private equity firm is on the verge of making a fifth bid approach for Equiniti, the FTSE-250 company which handles share registrar and other back-office services for some of Britain’s biggest businesses. Sky News has learnt that Siris Capital is this weekend close to renewing efforts to engage the board of Equiniti –

“I know you can be underwhelmed and you can be overwhelmed, but can you ever just be whelmed?” So Chastity asks Bianca in the excellent 1999 comedy 10 Things I Hate About You, and pretty much sums up my feelings the first time I Googled the words “non-fungible token”. Overwhelmed, in this case, because what

The cost of COVID-19 tests for holidaymakers should be cut to £30 to encourage people to start travelling again, a boss at one of Britain’s biggest travel chains has told Sky News. Jonathan Woodall, chief operating officer at Hays Travel, said that the current price of up to £200 for PCR tests was too high

The founder of Revolut is plotting a new fundraising that will value the company at more than $10bn (£7.2bn) and cement his status as one of Europe’s youngest fintech billionaires. Sky News has learnt that the digital lender is lining up FT Partners, the US-based fintech-focused investment bank, to advise it on a new equity-raise

Poundland’s owner is snubbing London to pursue a €4.5bn (£3.9bn) listing in Warsaw after months of deliberations about a flotation that would have further bolstered the ranks of listed retailers on the London stock market. Sky News has learnt that Pepco Group, which trades from more than 3,000 stores across 15 European markets, has decided

The FTSE 100 has climbed above the 7,000 mark for the first time since the early days of the coronavirus crisis. London’s leading share index rose as industrial, banking and mining stocks made gains on growing optimism about economies reopening and recovering across the world. The FTSE 100 was last above the 7,000 mark in

Amazon founder Jeff Bezos has vowed to make his company a better place for its workers. Mr Bezos was writing in an annual letter to shareholders after a union battle at one of the business’s warehouses in the US state of Alabama. “While the voting results were lopsided and our direct relationship with employees is

Deliveroo has revealed that order numbers more than doubled over the last year – but warned its rapid growth will slow as lockdowns ease. The takeaway delivery platform – whose shares slumped on its much-anticipated stock market debut last month – said orders in the first quarter were up by 114% year-on-year. But the company

The cryptocurrency exchange coinbase started trading on Wednesday at a valuation of nearly $100bn (£72bn), in a major boost to supporters of digital currencies such as bitcoin. Coinbase shares opened at $381 (£276) on the Nasdaq, racing past the $250 reference price, and valuing the exchange at $99.6bn (£72bn). The valuation means that coinbase is

Britain’s biggest aerospace employers, including Rolls-Royce Holdings and Airbus, have urged the business secretary to step into the crisis engulfing the steel tycoon Sanjeev Gupta amid fears of a global shortage of specialist materials. Sky News has learnt that the industry association ADS has written to Kwasi Kwarteng to highlight its members’ reliance on the