Tom Glick, a former executive at Manchester City FC's parent company, is to take over the day-to-day running of Chelsea Football Club in the wake of its £2.5bn takeover.

The Premier League has suggested phasing out front-of-shirt sponsorship by gambling companies over the next few years but allow them to retain an indefinite presence on teams' shirt-sleeves, under proposals presented to ministers.

Aston Martin has said it is considering multiple funding options following reports that Saudi Arabia’s sovereign wealth fund was lining up a possible investment worth hundreds of millions of pounds.

Talks between Network Rail and the RMT union have resumed ahead of a Friday deadline that could intensify the rail dispute that saw three days of nationwide strike action last week.

Senior executives at the big four accountant EY's UK firm will be briefed next week on plans for the professional services giant to pursue an $80bn (£66bn) break-up.