Lyon demoted to Ligue 2 over finances
French club Lyon have been demoted to Ligue 2 because of the poor state of their finances.The club were provisionally demoted by the DNGC, the body which oversees the accounts of French professional football clubs, in November.Club officials including owner John Textor, met with the DNGC on Tuesday but failed to convince the body that it had sufficiently improved their financial situation to lift the punishment.Lyon have the right to appeal against the decision.
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The Sun
18 minutes ago
- The Sun
Best day to shop at retailers including Aldi, Lidl and B&M – including when Poundland cuts prices to 25p
WE all love a bargain and shopping at the right time might just bag you one. Many stores have one-off specials or heavily reduce items on certain days or at the same time each week. 1 If you know when, you can be front of the queue to get them. As the cost of living crisis continues, it's more important than ever to make sure you bag items at the lowest price possible. From B&M and Poundland, Primark, Boots and Aldi - here's our cut out and keep guide to help you plan your shopping trips and save pounds. B&M Wednesday morning is the best day to shop at B&M for the most significant savings. A store manager revealed that staff are given a list of items to reduce on a Tuesday night, with new prices ready to go by around 10am on Wednesday. You might also see reductions on Thursdays and Saturdays though, as these are the days stores try to flog old stock and seasonal items at lower prices. It's best to head in on these days in the morning, as staff begin reducing products around 7.30am. Poundland Poundland reduces the price of perishable items to 50p if the best-before date expires that day before shops open. But a little-known tip, which the retailer has previously confirmed, is that any food item unsold by 4pm will be reduced again to just 25p. So it could be worth popping in when your local branch opens OR mid-afternoon. Boots Head to Boots on a Tuesday to get amazing deals on everything from electrical goods to beauty and health products. That's when the chain runs its 24-hour £10 Tuesday flash sale. What's on offer varies every week but tooth whitening kits have been spotted for as much as 80% off. All deals are available online too. Home Bargains New stock is usually delivered around 7.30am so head to your local branch as soon as it opens for the best chance of snapping up good deals. Blogger Tom Church says this is when you have the biggest selection of items to choose from. Yankee candles worth £10 have been picked up for as little as £2.99 if you go early doors. TK Maxx Shoppers will get more money off if they head to stores on Tuesdays and Thursdays. On a Tuesday, they do something called "subs". This is further reductions on stuff that's already on clearance. On a Wednesday, the next round of clearance items are marked down so first thing on a Thursday is a great time to snap up whatever is left. Tesco Head to Tesco in the evening to get food for half price. Staff slap yellow stickers on around 8pm so go late to nab bargains. SkintDad blogger Naomi Willis said she found items reduced by as much as 50% by shopping after 8pm. Aldi Aldi launches new Specialbuys every Thursday and Sunday - and that's the best time to nab them. Items can include anything from pizza ovens to air fans and power tools. For an even better chance of bagging the best times, head there at opening time. Once they're gone, they're gone. Lidl Lidl discount items that haven't sold on a Sunday, ready to make way for new lines. Sundays and Thursdays are also the days it refreshes the Middle of Lidl items, which can include all sorts from gardening essentials to outdoor furniture. Unlike other supermarkets, food items that are near the use-by date will often be reduced at the start of the day so it's better to go early if you can as you can expect as much as 30% off the original price. Sainsbury's Sainsbury's often slaps yellow stickers on around 5pm, so the best time to visit is between 5pm and 7pm - ideal if you are popping in after work. This does vary from branch to branch. On a Sunday, items are heavily reduced around 2.30pm before early closing. Morrisons Morrisons will reduce food by up to 90% at around 5pm. The best bargains are usually amongst ready meals, dairy, pies, fresh meat, bread and fruit and vegetables. Sunday lunchtime is a hot tip too - as they want to clear out stock near its due date by the end of the week. Ask staff about reduction times. They are often more than happy to help as reducing waste is part of their store policy. Asda Asda applies yellow stickers to food items twice a day - once in the morning and once in the evening. Fresh produce like fruit and veg can be reduced to as little as 10p, especially in the morning reductions. Stores that open early at 6am or 7am are great for nabbing bargains early doors. Primark New stock is delivered on Thursday nights so Friday mornings between 9am and 12pm is prime time to grab a bargain. If you find an item with minor imperfections it's also worth asking for a discount - you can expect around 10%. H&M Most branches do their biggest restock on a Monday. This means clothing that hasn't shifted may be reduced late first thing on a Monday morning. Be wary of buying clothes in a flash sale. The sale will continue until everything is sold so prices could be discounted further. M&S At M&S, staff put yellow stickers on food near its sell-by date through the night. So if you want a bargain, go when it opens. A second round of reductions takes place between 2pm and 4pm but most employees say the best stuff is often gone by then. Vegetables will be reduced in price again at 4pm. Next Next is famous for its seasonal sales giving customers the chance to save big on clothing and homeware. The biggest one is the Boxing Day sale where you can expect up to 70% off. But the summer sale - usually in July - can see prices slashed by up to 50%. Eager shoppers often head to their nearest store in the early hours before the earlier opening time at 6am. While this may seem excessive, getting down early does help you bag the best deals. 'We've saved serious cash by changing our shopping days' SAVVY saver Julia Maggiorana, 28, is an account manager who lives in West London, with her husband and three-month-old daughter Matilde. She says: "Since going on maternity leave, we are down to one salary at home so it is important to me to save money where I can and get good deals. "My friends call me the Queen of the bargains but my biggest win was finding out you can get stuff with big discounts if you go to Lidl either on a Sunday evening or first thing Monday morning. "I found out when I went in last year looking to buy some baking trays. When I saw the price, I realised they were more expensive than they had been the previous week. "I asked the man behind the till why they were now double the price and he said 'It's a bit of secret but if you come on a Sunday evening or early on a Monday morning, you might find items have a bigger discount'. "That is when they stock up with new products and have to try and shift some of the old lines. "This baking tray was from a new stock. I went back on the Sunday evening and he was right. I paid £4 instead of £10, so a saving of £6. I was really proud of this discovery. "Ever since then I've carried on shopping either late or Sunday or first thing on Monday and I've picked up some real bargains, especially kitchen items from the Ernesto range. "I've found that if items don't sell, they will often drop the price by 50% on a Sunday evening. The best ones were a casserole dish which was around £30 discounted to £14.99 and it's great quality and a Silvercrest air fryer that was reduced to £29.99 instead of £49.99. I've saved at least £300 this year." Esther Portlock, 52, is a nurse who lives in Bristol with her husband Greg, also 52. She says: "All my friends call me the coupon queen. I absolutely love getting a discount. I use lots of vouchers and I also have a blue light card which gets me lots of deals. "But one of my best tips is to go to Morrisons at lunchtime on a Sunday. It's amazing what you can get - the bargains are ridiculous. I'm coeliac so have to buy a lot of gluten free food, which can be expensive. "This week I went into Morrisons on Sunday lunch time and I got my preferred gluten free tiger loaf for 35p instead of £3.50. It's great value and has lasted me all week. "I've got into a routine now. I go to Pilates with my friend. We have a coffee and then get to Morrisons for around 1pm. "We don't fight for it but there is sometimes a bit of a squabble between us over what is left as there are so many amazing prices. "I got a cottage pie for my husband for 50p, reduced from £5.50. I fill the freezer with whatever is on offer - meat joints, gluten free food, ready meals, whatever I can find. "There might be ready-made sandwiches for 35p and last week I got some cookies as a treat. They were 50p reduced from £2. Getting these savings helps me end my week on a high!"
BBC News
20 minutes ago
- BBC News
Goalkeeper Kovacevic signs for Norwich
Norwich City have signed goalkeeper Vladan Kovacevic from Sporting on a four-year contract with an option for a further 12 was most recently on loan with Polish club Legia Warsaw, and played against Chelsea in the Europa Conference Canaries have paid an undisclosed fee for the 27-year-old, who is the third keeper signed this summer after Daniel Grimshaw and Louie Moulden following the exit of first-choice Angus director Ben Knapper said Kovacevic is of "real pedigree" and added: "With over 250 career appearances under his belt, he comes with great experience and with the mentality to perform at a very high level."He's hungry to improve and develop, and those qualities are essential for us in what we are building here. "His character is a great fit with the rest of our goalkeeping group, providing an atmosphere where they will all support but push each other hard on a daily basis." Kovacevic began his career with Sarajevo, winning the Bosnian Premier League twice, before moving to Poland for the first time and playing for Rakow joined Sporting last summer but only made six appearances for the Portuguese club."For me, it's my dream to play in the Premier League and I think every Norwich fan wants to be there again," he begin the new season with a home game against Millwall on 9 August.
Reuters
25 minutes ago
- Reuters
Take Five: Half-time for markets
LONDON, June 27 (Reuters) - A momentous first half of 2025 comes to an end with trade, Federal Reserve independence and geopolitics staying high on the market watch list for the second half. And there's plenty to chew over: U.S. jobs data, a European Central Bank conference and Chinese business activity numbers. Here's all you need to know about the week ahead in global markets from Marc Jones, Yoruk Bahceli and Anousha Sakoui in London, Rae Wee in Singapore and Lewis Krauskopf in New York. The year crosses the halfway line and while U.S. President Donald Trump's return to power in January was always going to ruffle markets, even the most grizzled of traders have been shocked by the rodeo ride. Some describe it as a once-in-a-generation "great rotation". The main evidence is that King Dollar is having its worst start to a year since the era of free-floating currencies began in the early 1970s, as U.S. debt worries grow. The "Magnificent 7" stocks are flat for the year too, compared to a near 20% leap by Chinese "Big Tech", gold's 25% surge and a 60% boom in European defence stocks. There won't be much time for an H2 breather either. Trump wants to ram his "Big Beautiful" fiscal bill though by the Independence Day holiday, his temporary ceasefire in the global trade war is due to run out five days later. Latest U.S. jobs data will shed light on the health of the labour market at a time when investors are debating at what point the Fed will next cut rates. June numbers, due on July 3 in the holiday-shortened week, are expected to show employment grew by 129,000 jobs, according to a Reuters poll. That would be modestly slower growth than May's 139,000 increase. While a possibly weaker labour market is one consideration for rate cuts, the Fed is also monitoring inflation. Fed Chair Jerome Powell just told Congress that higher tariffs could begin raising inflation this summer. Investors are also watching the progress of Trump's tax-cut and spending bill in Congress, with his Republican party hoping to keep it on track for the president to sign into law before the July 4 holiday. Central bankers meet for the ECB's annual forum in the foothills of Portugal's Sintra Mountains on Tuesday, with focus on what rates-setters from ECB chief Christine Lagarde to the Fed's Powell say on never-ending geopolitical turbulence. Whether it's the economic impact of renewed Middle East tensions or the July 9 tariff deadline, there's little clarity ahead, blurring rate cut expectations. Investors will look for clues on ECB policy, and Powell is in the spotlight with Trump considering naming his successor early, fanning worries over Fed independence. The ECB could also announce the results of its strategy review. For all the post-pandemic turmoil, policymakers are seen side-stepping calls for self-criticism, standing by the last decade's aggressive stimulus. And Tuesday's data should show whether euro zone inflation returns to its 2% target in June after dipping below it in May. It's already midway through the year, but China's long-awaited economic recovery has barely taken off. Monday's official purchasing managers' index figures are likely to paint the same bleak picture investors have faced for most of the year as Trump's tariffs hit manufacturing activity. The Caixin/S&P Global manufacturing PMI reading follows the official release a day later, and the bar to surpass May's dismal numbers is relatively low. Chinese officials sound upbeat about the growth outlook, but huge uncertainties loom. Domestic deflationary pressures continue to deepen and a fragile Sino-U.S. trade truce is hardly the endgame. Tensions between the world's two largest economies remain, even if they are out of sight for now. Given tariffs and heightened market volatility, the first half has not gone too badly for dealmakers. China and Japan, for instance, saw huge jumps in M&A, Dealogic data in the year to June 23 suggests. Hong Kong awaits a possible Shein IPO - which would give Asia equity issuance a further boost. Global M&A remains off 2021 highs but is still up on the same period last year by nearly 25% at just over $2 trillion. The activity was driven by fewer but bigger deals like Charter Communications' (CHTR.O), opens new tab $22 billion bid for rival Cox Communications. This trend is likely to persist, at least in the U.S., where M&A rose 8% to nearly $885 billion. While a KPMG survey of U.S.-based corporate and private equity dealmakers found that nearly all said tariffs had impacted dealmaking plans, nearly three quarters expected M&A to exceed last year's levels. For about two-thirds, potential tax policy changes would increase their appetite for M&A, and the new U.S. administration's approach to anti-trust would make deals easier.
