China’s Chery poised to strike deal with Nissan to build cars at Sunderland plant Business Chery is on the cusp of building its first manufacturing presence in the UK in the latest sign of Chinese carmakers gaining a major foothold in Britain’s electric vehicle market. The Omoda and Jaecoo owner, which is the third largest carmaker in China, has unveiled a non-binding memorandum of understanding (MoU) with Nissan to explore [...]
West Ham on hook for £5m despite Potter’s Swede pick-me-up Sport Business West Ham will not receive any financial benefit from Sweden’s surprise appointment of Graham Potter, who is still set to bank around £5m in compensation after being sacked by the struggling Hammers last month. Most Premier League clubs only pay compensation – in the form of monthly salary payments – to sacked managers until they [...]
Great North Run chiefs sorry for putting Sunderland not Newcastle on medals Sport It wasn’t just the competitors left with red faces at yesterday’s Great North Run after organisers were forced to apologise for depicting Sunderland instead of Newcastle on medals. Many of the 60,000 entrants were quick to point out the mistake, which also appeared on finishers’ T-shirts at the popular half-marathon, and Great Run Company chiefs [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
Fulham’s Craven Cottage could be future of new franchise Project Sevens July 17, 2025 The investment vehicle behind a new privately funded rugby sevens league set to launch in 2026 is targeting Craven Cottage as a host venue, CityAM can reveal. Tom Burwell, chief executive of Bia Sports Group – the investment team behind newly promoted Premier League football club Sunderland – explained that the as-yet unnamed sevens [...]
Nissan supplier to create almost 200 jobs with new £50m EV factory January 16, 2025 A major supplier of Nissan has invested nearly £50m to open a new factory in Sunderland, creating 183 high-skilled jobs for the local region. Jatco, a Japanese firm which makes gearboxes for global automakers, will build electrified powertrains for Nissan’s nearby gigafactory. Situated in Sunderland’s International Advanced Manufacturing Park, the 138,840 sq ft plant is [...]
Should Hollywood look north after latest southern snub? June 10, 2024 Hollywood bigwigs have been called on to look north to stage their latest box office hits after the UK film industry was dealt another major blow recently as £750m plans for a new film studio in Buckinghamshire were quashed.