Latest news with #sportingevents
The Independent
12 hours ago
- Business
- The Independent
Major sporting events and grassroots sport to receive £900 million funding
More than £900 million will be committed to major sporting events and grassroots sport across the UK in a 'transformational investment' over the coming years, the Government has announced. Euro 2028, the European Athletics Championships next year and the men's and women's Tour de France Grand Departs in 2027 are among the key events set to be hosted in the country that will benefit from more than half a billion pounds in funding. At least £400 million will also be invested in new and upgraded grassroots sport facilities nationwide after the funding was outlined in last week's Spending Review, the Department for Culture, Media and Sport (DCMS) said. England, Scotland, Wales and the Republic of Ireland will be co-hosting Euro 2028, with the showpiece men's football tournament expected to generate up to £2.4 billion in socio-economic value alone, the DCMS said. Other major events scheduled to be held in the UK include the women's Rugby World Cup in England this summer, the 2026 Commonwealth Games in Glasgow and the Invictus Games, founded by the Duke of Sussex, in Birmingham in 2027. Earlier this month, more than 100 athletes called on the Prime Minister to support a London bid for the 2029 World Athletics Championships. But the Government is yet to commit to the bid, but has not ruled it our either, with a spokesperson saying it was working with UK Sport to secure a series of major sporting events up until 2035. However, the DCMS confirmed that work was continuing to develop a bid for the UK to host the women's Fifa World Cup in 2035. Sporting bodies and local leaders for grassroots initiatives will work closely with the department to establish what each community needs before further plans are laid out. It said the investment will not only help create jobs and boost regional prosperity, but would also reduce barriers to opportunity and 'bring communities together through shared national moments'. Culture Secretary Lisa Nandy said: 'Sport tells our national story in a way few other things can, uniting communities, inspiring millions, and showcasing our nation on the global stage. 'This major backing for world-class events will drive economic growth across the country, delivering on our plan for change. 'Coupled with strong investment into grassroots sport, we're creating a complete pathway to allow the next generation of sporting heroes to train and take part in sport in communities across the UK.' The announcement comes after Ms Nandy previously pledged £100 million to upgrade sports facilities across the UK, including new and improved pitches, changing rooms, goalposts and floodlights, back in March. Nick Webborn, chairman of UK Sport, praised the new funding as having 'huge potential to drive economic growth, bring people together and inspire the next generation'. He said: 'We believe that live sport is a fundamental part of this country's social fabric. 'We are really excited to be working with the Government and support their commitment to secure the pipeline of big events beyond 2028 to ensure we can continue to reach, inspire and unite people in every corner of the country.' Stuart Andrew, the Conservative shadow culture secretary, said: 'Funding for major sporting events and grassroots sport is welcome – but the spending review was no boon for British sports. 'Rachel Reeves' tax hikes are forcing schools to sell playing fields and driving up business rates for stadiums. 'At the same time, Labour have scrapped the Opening Schools Facilities fund and the National Citizen Service – depriving young people of sporting opportunities. 'Labour must recognise that their economic mismanagement is dealing a devasting blow to the sports sector.'
Yahoo
18 hours ago
- Business
- Yahoo
Major sporting events and grassroots sport to receive £900 million funding
More than £900 million will be committed to major sporting events and grassroots sport across the UK in a 'transformational investment' over the coming years, the Government has announced. Euro 2028, the European Athletics Championships next year and the men's and women's Tour de France Grand Departs in 2027 are among the key events set to be hosted in the country that will benefit from more than half a billion pounds in funding. At least £400 million will also be invested in new and upgraded grassroots sport facilities nationwide after the funding was outlined in last week's Spending Review, the Department for Culture, Media and Sport (DCMS) said. England, Scotland, Wales and the Republic of Ireland will be co-hosting Euro 2028, with the showpiece men's football tournament expected to generate up to £2.4 billion in socio-economic value alone, the DCMS said. Other major events scheduled to be held in the UK include the women's Rugby World Cup in England this summer, the 2026 Commonwealth Games in Glasgow and the Invictus Games, founded by the Duke of Sussex, in Birmingham in 2027. Earlier this month, more than 100 athletes called on the Prime Minister to support a London bid for the 2029 World Athletics Championships. But the Government is yet to commit to the bid, but has not ruled it our either, with a spokesperson saying it was working with UK Sport to secure a series of major sporting events up until 2035. However, the DCMS confirmed that work was continuing to develop a bid for the UK to host the women's Fifa World Cup in 2035. Sporting bodies and local leaders for grassroots initiatives will work closely with the department to establish what each community needs before further plans are laid out. It said the investment will not only help create jobs and boost regional prosperity, but would also reduce barriers to opportunity and 'bring communities together through shared national moments'. Culture Secretary Lisa Nandy said: 'Sport tells our national story in a way few other things can, uniting communities, inspiring millions, and showcasing our nation on the global stage. 'This major backing for world-class events will drive economic growth across the country, delivering on our plan for change. 'Coupled with strong investment into grassroots sport, we're creating a complete pathway to allow the next generation of sporting heroes to train and take part in sport in communities across the UK.' The announcement comes after Ms Nandy previously pledged £100 million to upgrade sports facilities across the UK, including new and improved pitches, changing rooms, goalposts and floodlights, back in March. Nick Webborn, chairman of UK Sport, praised the new funding as having 'huge potential to drive economic growth, bring people together and inspire the next generation'. He said: 'We believe that live sport is a fundamental part of this country's social fabric. 'We are really excited to be working with the Government and support their commitment to secure the pipeline of big events beyond 2028 to ensure we can continue to reach, inspire and unite people in every corner of the country.' Stuart Andrew, the Conservative shadow culture secretary, said: 'Funding for major sporting events and grassroots sport is welcome – but the spending review was no boon for British sports. 'Rachel Reeves' tax hikes are forcing schools to sell playing fields and driving up business rates for stadiums. 'At the same time, Labour have scrapped the Opening Schools Facilities fund and the National Citizen Service – depriving young people of sporting opportunities. 'Labour must recognise that their economic mismanagement is dealing a devasting blow to the sports sector.'
BBC News
18 hours ago
- Business
- BBC News
Government pledges £900m for sports events & facilities
The government has pledged to spend £900m on major sporting events and grassroots facilities across the UK as part of a "transformational" than £0.5bn of the money will be used to support the delivery of "a pipeline of major international events", including Euro 2028, which will be hosted in the UK and 2026 European Athletics Championships in Birmingham and the Grand Departs of the men's and women's Tour de France cycling races in 2027 will also those events had already received government backing, along with a proposed UK bid to host the women's football World Cup in 2035, which the Department of Culture, Media and Sport (DCMS) is continuing to work on with the home nations football the government is yet to decide whether to support London's bid to host the 2029 World Athletics Championships, with more than 100 of Britain's most renowned athletes urging Prime Minister Sir Keir Starmer to do so earlier this Secretary Lisa Nandy said: "Sport tells our national story in a way few other things can – uniting communities, inspiring millions, and showcasing our nation on the global stage."This major backing for world-class events will drive economic growth across the country. Coupled with strong investment into grassroots sport, we're creating a complete pathway to allow the next generation of sporting heroes to train and take part in sport in communities across the UK. " In March, the former chair of funding agency UK Sport Dame Katherine Grainger told BBC Sport that it was "frustrating" that Britain was not staging more major events over the next decade, warning of "a big gap". Her successor Nick Webborn said: "We welcome the government's ongoing commitment to hosting the Tour de France, Tour de France Femmes and Euro 2028…and support their commitment to secure the pipeline of big events beyond 2028 to ensure we can continue to reach, inspire and unite people in every corner of the country."Britain is hosting the women's rugby union World Cup in England this year, along with the 2026 Commonwealth Games in Glasgow, but the government is not believed to be backing any bids for golf's Ryder Cup or Solheim part of the funding commitment, the DCMS says that a minimum of £400m will also be invested over the next four years into new and upgraded grassroots sports facilities "that promote health, wellbeing and community cohesion".On Thursday the government announced plans for a new School Sport Partnerships and Enrichment Framework for schools to ensure all young people have equal access to high-quality sport and extracurricular Oliver, chief executive of the Youth Sport Trust, said: "We are grateful to the government for listening and responding so comprehensively to our sector's united call for a reimagined approach to PE and school sport. This will be an amazing boost to those who work so tirelessly, often against the odds, in PE and school sport."Children's activity levels have been too low for too long. We welcome the government seeking to harness the vast potential of play and sport to change this."
Bloomberg
09-06-2025
- Business
- Bloomberg
UK Retail Sales See Smallest Gain Since November as Budgets Hit
UK retail sales rose in May at the slowest pace in six months, an industry group found, as increasing prices and higher monthly bills squeezed household budgets. The 1% year-on-year increase was driven by a 3.6% rise in food sales, fueled in part by get-togethers for sporting events and during the month's holiday weekends, the British Retail Consortium and consultancy KPMG said in a report Tuesday.
New York Times
05-06-2025
- Politics
- New York Times
Trump's Travel Ban Could Shake Up International Sporting Events
The proclamation President Trump's signed this week banning travel to the United States by people from a dozen countries makes an exception for athletes, coaches and support staff for 'major sporting events,' including the World Cup and the Olympics. What qualifies as a major sporting event remains to be seen. Mr. Trump's proclamation declaring the ban, issued on Wednesday, says that the secretary of state, Marco Rubio, will determine which events can receive an exemption. A host of international sporting events are planned in the United States over the next months and years. While some of the countries on the ban list, like Chad and Yemen, are not traditional sporting powers, others, like Iran and Haiti, could well expect to send athletes to the United States for a range of competitions. Mr. Trump also imposed a lower level of restrictions on seven other countries, including Cuba, a strong player on the international sporting stage, and Venezuela. Decisions will have to be made quickly. The CONCACAF Gold Cup, the men's soccer championship for North American, Central American and Caribbean nations, begins June 14 and will be played at sites across the United States (and one in Canada). Haiti has qualified for the competition and is scheduled to play games in San Diego, Houston and Arlington, Texas. The Club World Cup, the world championship for men's club soccer teams, also begins June 14 in several U.S. cities. No team based in a country on the banned list has qualified, but the teams involved include players and staff members from all over the world. CONCACAF, which runs the Gold Cup, and FIFA, which runs the Club World Cup, did not immediately respond to requests for comment. Other events coming to the United States this year — including the under-19 softball World Cup and the world skateboarding championships — are less likely to be considered 'major' events. There are also big races, like the Chicago and New York marathons in the fall. Mr. Rubio may find himself facing a lot of judgment calls. The implications for college athletics, where rosters in many sports are dotted with international students, are also unclear. Both events that are explicitly exempted from the ban — the men's soccer World Cup and the Summer Olympics — are coming to the United States after this year. The World Cup is scheduled for 2026, and Iran has already qualified. (Hosting duties will be shared with Canada and Mexico.) Los Angeles will host the Summer Olympics in 2028.
