Daniel Levy steps down as executive chairman of Tottenham Hotspur

Daniel Levy steps down as executive chairman of Tottenham Hotspur

The executive chairman of Tottenham Hotspur, Daniel Levy, has stepped down after nearly 25 years in the role. In a statement, the Premier League club said his departure was part of Spurs’ “ambition to ensure that it is set up to deliver long-term sporting success”. Mr Levy said: “I am incredibly proud of the work…

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Fate of ‘Red Queen’ Rayner in hands of ‘quango king’ baronet

Fate of ‘Red Queen’ Rayner in hands of ‘quango king’ baronet

The backgrounds of Angela Rayner and Sir Laurie Magnus – the sleaze watchdog who holds her fate in his hands – couldn’t be more different. Labour’s “Red Queen” is a working-class council house girl who got pregnant at 16. He’s an old Etonian “quango king”, a City grandee and a pillar of the establishment. He’s…

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Morrissey puts his business interests in The Smiths up for sale – and hits out at former bandmates

Morrissey puts his business interests in The Smiths up for sale – and hits out at former bandmates

Morrissey has announced he is putting the entirety of his business interests in The Smiths up for sale “to any interested party/investor”. The 66-year-old musician, whose full name is Steven Patrick Morrissey, posted on social media and his website, Morrissey Solo, titling the post “A Soul for Sale,” telling fans he “has no choice”. Image:…

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Legendary fashion designer Giorgio Armani dies

Legendary fashion designer Giorgio Armani dies

Legendary fashion designer Giorgio Armani has died, according to media reports in Italy. The Italian-born billionaire was 91 years old. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the latest version. You can receive breaking news alerts on a smartphone or tablet via the…

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Taliban reports sharp rise in death toll following earthquake in eastern Afghanistan, as aid agencies issue warning

Taliban reports sharp rise in death toll following earthquake in eastern Afghanistan, as aid agencies issue warning

The number of people killed following a deadly earthquake in eastern Afghanistan has risen sharply to 2,205, according to the Taliban government. The increase, from more than 1,400 deaths reported on Tuesday, coincides with rescuers being hampered by harsh weather and rugged terrain, while aid agencies warned of dwindling resources. The 6.0 magnitude quake struck…

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Firms cut jobs at fastest pace since 2021, Bank of England data shows

Firms cut jobs at fastest pace since 2021, Bank of England data shows

Businesses have cut jobs at the fastest pace in almost four years, according to a closely-watched Bank of England survey which also paints a worrying picture for employment and wage growth ahead. Its Decision Maker Panel (DMP) data, taken from chief financial officers across 2,000 companies, showed employment levels over the three months to August…

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Harrods to remove sculptures depicting Fayed as an Egyptian pharaoh

Harrods to remove sculptures depicting Fayed as an Egyptian pharaoh

Harrods is to remove sculptures of Mohamed al Fayed who is accused of raping and sexually assaulting dozens of women. The famous store in Knightsbridge, west London, has submitted a planning application to renovate a detailed Egyptian-themed hall and replace a five-floor escalator which features busts depicting former owner Fayed as a pharaoh. The application…

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Thousands of Lloyds staff face axe in performance overhaul

Thousands of Lloyds staff face axe in performance overhaul

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyds Banking Group will put thousands of its staff at risk of dismissal, with the UK bank’s lowest performers set to be told their work must improve or they face the axe. The bank plans…

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