Sport-Euro 2028 among events to benefit as UK govt pledges $1.2 billion investment in sport
Sport-Euro 2028 among events to benefit as UK govt pledges $1.2 billion investment in sport
The UK government has pledged to spend more than 900 million pounds ($1.21 billion) to improve grassroots sporting infrastructure and support major events in the country such as Euro 2028, the Department for Culture, Media and Sport said.
More than 500 million pounds would be used to support the delivery of world-class events, including next year's European athletics championships and the start of the men's and women's races of the Tour de France in 2027.
"This major backing for world-class events will drive economic growth across the country, delivering on our Plan for Change," Culture Secretary Lisa Nandy said in a statement on Thursday.
Affirming a commitment made by Nandy's predecessor Lucy Frazer in 2023, the government will also invest at least 400 million pounds in communities around the country to build new or upgrade existing grassroots sports facilities. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
33 minutes ago
- Straits Times
Ways to lift S'pore SMEs in F&B, retail amid competition, tech disruption and inflation
The last three years since the pandemic tapered off in 2022 have been a perfect storm for the food and beverage industry, says SaladStop! Group CEO Adrien Desbaillets. ST PHOTO: CHONG JUN LIANG SINGAPORE – When entrepreneur Adrien Desbaillets started his make-your-own salad bowl business 15 years ago, he could try out ideas to see what worked or did not. Today, with costs eating into margins and competitors lurking to eat his lunch, the room to experiment has shrunk. Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
34 minutes ago
- Straits Times
Indonesia expects to sign free trade deal with Russia-led union this year, minister says
FILE PHOTO: Airlangga Hartarto, Indonesia's Coordinating Minister for Economic Affairs, gestures as he talks during an interview with Reuters at his office in Jakarta, Indonesia, June 8, 2023. REUTERS/Ajeng Dinar Ulfiana/File Photo Indonesia expects to sign free trade deal with Russia-led union this year, minister says JAKARTA - Indonesia expects to sign a free trade agreement with the Russian-led Eurasian Economic Union (EAEU) this year in a move likely to boost demand for its commodity exports, its senior economic minister said in a statement released on Friday. Coordinating Minister for Economic Affairs Airlangga Hartarto said the agreement would open up new opportunities for commodities including crude palm oil, coffee and natural rubber. Both parties announced on Thursday they had completed substantive talks for the agreement. "I hope both parties can immediately follow this up by completing all the necessary stages of the process so that this agreement can be signed this year," Airlangga said. As of March, the value of trade between Indonesia and the EAEU stood at $1.6 billion, 85% more than the same period last year, Indonesia's coordinating ministry for economic affairs said. The EAEU is already one of Indonesia's biggest palm oil buyers, with imports valued at $544.64 million in 2023. The EAEU's main exports to the Southeast Asian nation include fertilisers and ferro-alloys. The completion of Indonesia-EAEU FTA talks was announced on Thursday during President Prabowo Subianto's visit to Russia this week for a meeting with Russian President Vladimir Putin. The EAEU has five members: Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
an hour ago
- Straits Times
PSG go from European glory to Club World Cup woe
Soccer Football - FIFA Club World Cup - Group B - Paris St Germain v Botafogo - Rose Bowl Stadium, Pasadena, California, U.S. - June 19, 2025 Botafogo's John and Alexander Barboza celebrate after the match as Paris St Germain's Khvicha Kvaratskhelia looks dejected REUTERS/Daniel Cole MIAMI - European champions Paris St Germain arrived at the Club World Cup aiming to be crowned kings of the global game but defeat by Botafogo on Thursday showed the tournament will be a true test of their mettle and not just a celebratory lap of honour. The Ligue 1 winners went down 1-0 to Brazilian champions Botafogo at the Rose Bowl in Pasadena, a result that threw Group B wide open and deflated the mood in the PSG camp after their emphatic 4-0 win over Atletico Madrid in their opener. Desire Doue, who scored twice in PSG's 5-0 demolition of Inter Milan in the Champions League final last month, said failing to take their chances had cost them. "We weren't efficient," the attacking midfielder said. "We had a lot of chances. They only had two or three shots and they scored. They were very efficient in front of our goal." Botafogo's compact, aggressive approach exposed signs of fatigue in PSG's ranks after a long season in domestic and European football. They had adjusted their schedule in California to allow players afternoons off to recover between training sessions. Coach Luis Enrique also rotated his squad, starting without regulars Joao Neves, Nuno Mendes, Fabian Ruiz and Marquinhos, who were introduced after halftime in search of a spark. But even with the reinforcements PSG failed to break through a determined Botafogo defence. The decisive moment came in the 36th minute when Igor Jesus beat Gianluigi Donnarumma. Luis Enrique did not look for excuses and praised the Copa Libertadores champions for their approach. "Botafogo were the best defensive side we've come up against all season — both in our league and in the Champions League. They were excellent," the Spaniard said. "They were simply highly efficient, very compact, and always had the threat of hitting us in transition. They scored a great goal through Jesus, and that gave them a real injection of belief. "We didn't create the number of chances we're used to. We're very accustomed to working against teams defending deep — but it's always difficult to break one down. In this case, Botafogo did it very well, and I congratulate them for it." Despite enjoying long spells of possession, PSG lacked their usual sharpness and Doue said the defeat should serve as a wake-up call. "We raised our level in the duels, but it was efficiency that was missing tonight. This match has to help us bounce back. Nothing is finished, we have another match and we're going to win it." PSG face Seattle Sounders in their final group game on Monday and Luis Enrique did not expect things to get any easier. "This is a very difficult competition. Every match will be like this," he added. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.