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Apr22021 by adminNo Comments

Eddie Howe: Celtic manager talks at advanced stage with former Bournemouth boss

Sports

Eddie Howe is the clear favourite to become the next manager of Celtic, with talks between the two parties at an advanced stage.The former Bournemouth boss, 43, has held discussions with members of the club's board, including major shareholder Dermot Desmond.Howe left Bournemouth in August 2020 when the club's five-year stay in the Premier League came to an end.He has been linked with Sheffield United and Newcastle in recent weeks.Howe was in charge at Vitality Stadium for more than 450 games across two spells spanning more than a decade, guiding them to three promotions in six seasons and taking them from League Two to as high as ninth in the Premier League.He also had a stint with Burnley in the Championship from January 2011 to October 2012.Neil Lennon resigned as Celtic manager in late...

Mar312021 by adminNo Comments

Bet365 boss earns £469m in a single year

Business

PAThe boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history.The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of £421m in the year ending 29 March.She also earned £48m in dividends, taking her total pay to £469m. The company said the arrangements were "appropriate and fair", despite sales falling at the firm last year.But campaign group the High Pay Centre said it was "appallingly inefficient for single individuals to hoard wealth in this way".Ms Coates, who founded the Bet365 website 20 years ago in Stoke-on-Trent, has been the UK's highest paid boss for several years. How Bet365's Denise Coates hit her own jackpotShe is also one of Britain's wealthiest women an...

Mar262021 by adminNo Comments

Liberty Steel boss asks government for £170m bailout

Business

Liberty SteelThe owner of Liberty Steel has asked the government for £170m in financial support.In a letter sent to the Department of Business last night, Sanjeev Gupta said the support was required to pay day-to-day operating expenses and absorb recent losses. Concerns over the future of Liberty Steel have grown after key financial backer, Greensill Capital, went bust.Liberty Steel employs about 5,000 people in the UK."The collapse of Greensill has put financial pressure on the GFG Alliance and our British steel operations," Mr Gupta writes in the letter. "We are still refining the details with my management team and our external advisors, but preliminary indications are that the steel manufacturing and processing operations would need in the range of £170m to fund working capital and som...

Mar222021 by adminNo Comments

After reaching pre-Covid levels, we will now focus on surpassing industry growth: SBI Cards Boss

Finance

Rama Mohan Rao Amara, MD & CEO, SBI Cards, discusses the growth of digital transactions over the year due to pandemic and the target strategies for credit-card penetration in India. Edited excerpts from an interview given to ET Now:ET Now: Given the kind of recovery we are seeing, can we say spends are inching towards pre-Covid levels? Rama Mohan Rao Amara: I think in Q1, due to lockdown and a very limited economic activity, we noticed that savings were more than the consumption but Q2 reversed the pattern and witnessed rise in consumption demand. The Q3 numbers suggest that we have come out of the economic downturn strongly. India Inc has returned to Pre-Covid levels in November 2020, while we at SBI Cards were able to achieve the same in October itself. If you look at the contributi...

Mar212021 by adminNo Comments

Tottenham climb to sixth in Premier League table as Harry Kane stars in crucial win for under-fire boss Jose Mourinho against Aston Villa

Sports

Tottenham bounced back from their shock Europa League exit with a 2-0 win over Aston Villa on Sunday. Goals from Carlos Vinicius and Harry Kane either side of half-time gave under-fire manager Jose Mourinho a much-needed victory. AFP Kane now has a whopping 30 goal involvements in the Premier League Getty Reports have claimed Mourinho could be sacked if Tottenham fail to make the top four Tottenham crashed out of the Europa League on Thursday as Dinamo Zagreb overturned a two-goal deficit to win 3-0 on the night. The result led to reports claiming Mourinho will be sacked if Tottenham do not finish in the top four. Tottenham ensured there was no hangover from the massive Europa League setback as they moved up to...