This might seem like history repeating itself at the Home of Cricket.
A big announcement of a windfall to revitalise the sport in England.
It was 17 years ago that Allen Stanford landed at Lord’s on a helicopter accompanied by a treasure chest of dollar bills.
Image: Allen Stanford landed at Lord’s cricket ground in his helicopter in June 2008. Pic: Reuters
They turned out to be fake and the tycoon was exposed as a fraudster and jailed.
The American was promising lucrative Twenty20 competitions – the shorter format designed to attract new audiences.
But India created a more dynamic and lucrative competition from the English invention.
So the England and Wales Cricket Board tried again with even shorter matches – each team simply batting for 100 balls.
And four years after the launch of The Hundred, the eight teams have been valued at £975m after an ECB auction.
Not bad for a competition only played for one month every year.
And the array of tech investors and Indian Premier League owners buying into The Hundred don’t even own the venues.
Image: Players walk on to the pitch ahead of last August’s Hundred final at Lord’s. Pic: Action Images via Reuters/Matthew Childs
Lifeblood of domestic cricket
These are the grounds home to counties that have been the lifeblood of domestic cricket since 1890.
But this is now the era of franchise cricket where owners are building a network of clubs that could see the best players sent around the world to star in shorter competitions.
It is a revolution resisted by some traditionalists seeing the erosion of longer forms of the sport, up to five-day international tests.
But this is all about trying to attract new, younger audiences – and lure them from the most popular sport.
Image: The England and Wales Cricket Board chief executive Richard Gould
‘More accessible and more fun’
“Over the last five to 10 years, cricket has grown and the variety of formats that we’ve got just makes it more accessible, more fun and creates more positive noise,” ECB chief executive Richard Gould told Sky News.
“I think it’s time for us to muscle in on football. And I think that’s one of our ambitions.
“When you look at the share of either broadcast revenue or attendees, we want to increase our market share. So certainly we’ve got football in our in our sights.”
Football investors banking on cricket success
Football wants a part too, banking on a boom.
Chelsea’s American co-owner Todd Boehly is part of the group paying £40m for 49% of the Trent Rockets.
The same deal was secured for Birmingham Phoenix by the Birmingham FC ownership, Knighthead Capital Management, which features NFL legend Tom Brady.
Image: The winners of the men’s and women’s Hundred finals last August. Pic: Action Images via Reuters/Matthew Childs
Four of the investors also own teams in the Indian Premier League T20 competition including India’s richest family the Ambani’s who are paying £60m for 49% of the Oval Invincibles.
And Silicon Valley wants in with the CEOs of Google and Microsoft among a consortium of tech billionaires paying the most for a team – £145m for almost half of the London Spirit.
It’s a premium to play at Lord’s, the most iconic of venues.
Can The Hundred replicate ‘exciting’ IPL franchise?
Nikesh Arora, chief executive of cyber security firm Palo Alto, told Sky Sports: “IPL has turned out into an amazing franchise because at the end you’ve got to the heartstrings of people and you built a product that they’re really excited about.
“And the question is, can we replicate that collectively in the UK? Because that’s the home of cricket.
“This is the current sort of genre of cricket which is popular, so we like that idea. We like the idea that this is in a country where there’s a natural demand for cricket and aspiration for cricket.”
And this time the ECB insists there has been full due diligence of the investors – seeing the franchises’ sell-off as a golden opportunity to safeguard the future of cricket.
The windfall will be split between the 18 county teams and the Marylebone Cricket Club, which owns Lord’s and is seen as the guardians of the laws of the sport.
Grassroots to benefit
There’s also set to be £50m for the grassroots game.
But will the jackpot be justified when The Hundred’s men’s and women’s teams only play a month a year?
And if it does boom – will the price be international tests and the domestic country competitions fading?
“It is certainly a really important opportunity for us in history, I think will judge how important it ranks,” Mr Gould said.
“But we know that we’ve got a lot of hard work ahead of us, a lot of exciting work.
“We’ve got eight new investors coming into the gate and we want to make sure that we can match and exceed their own ambitions.”
It was expected that the three-day state visit would take place in September after Mr Trump let slip earlier in April that he believed that was when his second “fest” was being planned for.
Windsor was also anticipated to be the location after the US president told reporters in the Oval Office that the letter from the King said Windsor would be the setting. Refurbishment works at Buckingham Palace also meant that Windsor was used last week for French President Emmanuel Macron’s visit.
This will be Mr Trump’s second state visit to the UK, an unprecedented gesture towards an American leader, having previously been invited to Buckingham Palace in 2019.
Image: Donald Trump and Melania Trump posing with Charles and Camilla in 2019. Pic: Reuters
He has also been to Windsor Castle before, in 2018, but despite the considerable military pageantry of the day, and some confusion around inspecting the guard, it was simply for tea with Queen Elizabeth II.
Further details of what will happen during the three-day visit in September will be announced in due course.
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On Friday, Sky News revealed it is now unlikely that the US president will address parliament, usually an honour given to visiting heads of state as part of their visit. Some MPs had raised significant concerns about him being given the privilege.
But the House of Commons will not be sitting at the time of Mr Trump’s visit as it will rise for party conference season on the 16 September, meaning the president will not be able to speak in parliament as President Macron did during his state visit this week. However, the House of Lords will be sitting.
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After reading it, Mr Trump said it was a “great, great honour”, adding “and that says at Windsor – that’s really something”.
Image: In February, Sir Keir Starmer revealed a letter from the King inviting Donald Trump to the UK. Pic: Reuters
In the letter, the King suggested they might meet at Balmoral or Dumfries House in Scotland first before the much grander state visit. However, it is understood that, although all options were explored, complexities in both the King and Mr Trump’s diaries meant it wasn’t possible.
This week, it emerged that Police Scotland are planning for a summer visit from the US president, which is likely to see him visit one or both of his golf clubs in Aberdeenshire and Ayrshire, and require substantial policing resources and probably units to be called in from elsewhere in the UK.
Precedent for second-term US presidents, who have already made a state visit, is usually tea or lunch with the monarch at Windsor Castle, as was the case for George W Bush and Barack Obama.
A small plane has crashed at Southend Airport in Essex.
Essex Police said it was at the scene of a “serious incident”.
Images posted online showed huge flames and a large cloud of black smoke, with one witness saying they saw a “fireball”.
A police statement said: “We were alerted shortly before 4pm to reports of a collision involving one 12-metre plane.
“We are working with all emergency services at the scene now and that work will be ongoing for several hours.
“We would please ask the public to avoid this area where possible while this work continues.”
Image: A huge fireball near the airport. Pic: Ben G
It has been reported that the plane involved in the incident is a Beech B200 Super King Air.
According to flight-tracking service Flightradar, it took off at 3.48pm and was bound for Lelystad, a city in the Netherlands.
One man, who was at Southend Airport with his family around the time of the incident, said the aircraft “crashed headfirst into the ground”.
John Johnson said: “About three or four seconds after taking off, it started to bank heavily to its left, and then within a few seconds of that happening, it more or less inverted and crashed.
“There was a big fireball. Obviously, everybody was in shock in terms of witnessing it. All the kids saw it and the families saw it.”
Mr Johnson added that he phoned 999 to report the crash.
Southend Airport said the incident involved “a general aviation aircraft”.
Four flights scheduled to take off from Southend this afternoon were cancelled, according to its website.
Flightradar data shows two planes that had been due to land at Southend were diverted to nearby airports London Gatwick and London Stansted.
Image: Plumes of black smoke. Pic: UKNIP
Essex County Fire and Rescue Service said four crews, along with off-road vehicles, have attended the scene.
Four ambulances and four hazardous area response team vehicles are also at the airport, as well as an air ambulance, the East of England Ambulance Service said.
Its statement described the incident as “still developing”.
Image: Fire engines at the airport
David Burton-Sampson, the MP for Southend West and Leigh, posted on social media: “I am aware of an incident at Southend Airport. Please keep away and allow the emergency services to do their work.
“My thoughts are with everyone involved.”
Local councillor Matt Dent said on X: “At present all I know is that a small plane has crashed at the airport. My thoughts are with all those involved, and with the emergency services currently responding to the incident.”
This breaking news story is being updated and more details will be published shortly.
Another hint that tax rises are coming in this autumn’s budget has been given by a senior minister.
Speaking to Sunday Morning with Trevor Phillips, Transport Secretary Heidi Alexander was asked if Sir Keir Starmer and the rest of the cabinet had discussed hiking taxes in the wake of the government’s failed welfare reforms, which were shot down by their own MPs.
Trevor Phillips asked specifically if tax rises were discussed among the cabinet last week – including on an away day on Friday.
Tax increases were not discussed “directly”, Ms Alexander said, but ministers were “cognisant” of the challenges facing them.
Asked what this means, Ms Alexander added: “I think your viewers would be surprised if we didn’t recognise that at the budget, the chancellor will need to look at the OBR forecast that is given to her and will make decisions in line with the fiscal rules that she has set out.
“We made a commitment in our manifesto not to be putting up taxes on people on modest incomes, working people. We have stuck to that.”
Ms Alexander said she wouldn’t comment directly on taxes and the budget at this point, adding: “So, the chancellor will set her budget. I’m not going to sit in a TV studio today and speculate on what the contents of that budget might be.
“When it comes to taxation, fairness is going to be our guiding principle.”
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Afterwards, shadow home secretary Chris Philp told Phillips: “That sounds to me like a barely disguised reference to tax rises coming in the autumn.”
He then went on to repeat the Conservative attack lines that Labour are “crashing the economy”.
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10:43
Chris Philp also criticsed the government’s migration deal with France
Mr Philp then attacked the prime minister as “weak” for being unable to get his welfare reforms through the Commons.
Discussions about potential tax rises have come to the fore after the government had to gut its welfare reforms.
Sir Keir had wanted to change Personal Independence Payments (PIP), but a large Labour rebellion forced him to axe the changes.
With the savings from these proposed changes – around £5bn – already worked into the government’s sums, they will now need to find the money somewhere else.
The general belief is that this will take the form of tax rises, rather than spending cuts, with more money needed for military spending commitments, as well as other areas of priority for the government, such as the NHS.