The UK government has outlined an action plan to boost grassroots and elite women’s sport in response to a review by Karen Carney into women’s football.
Uefa Euro 2022 attracted a record global audience of more than 365 million people and this year’s World Cup final between England and Spain set a new UK record for the most watched women’s football match with a peak audience of 14.8 million.
Almost two million fans attended the tournament, which was an increase of more than 600,000 people compared with the previous record.
Domestic women’s football is also continuing to rise in popularity with the 2023 Women's FA Cup final seeing the biggest ever attendance for a women’s club game, and new records being set across broadcast viewership and matchday attendance.
Harnessing a defining moment in women’s football
The UK government recognises that this a defining moment in women’s football in this country.
The Lionesses’ win at Uefa Euro 2022, and their journey to the final of the Fifa World Cup 2023, helped ignite unprecedented interest in the women’s game.
For the first time ever, the women’s game has taken centre stage and begun to command the same respect as the men’s game.
Despite the phenomenal achievements of the Lionesses at consecutive major tournaments, there is still a long way to go.
Half a century ago, in the year of the Equal Pay Act, women were still actively banned from playing football so while steps have been taken down the path to financial sustainability, the women’s game has some way to go to realising its full potential.
Karen Carney’s review into women’s football sets out a bold vision for the women’s game.
It has raised the bar and been instrumental in setting out a clear-eyed plan to lift minimum standards and deliver bold, sustainable growth at the grassroots and elite levels.
UK government pledges financial support for the game
The UK government has said it is committed to maximising the potential of women’s sport in the future in order to sustain a pipeline of talent and expand it.
It has already invested more than £600 million ($762m) in school sport across the next two academic years to help drive up the quality of physical education and ensure girls have equal access to opportunities to play sport.
By 2025 the government will have invested more £300 million in grassroots football and multi-sport centres across the UK, which will further support women and girls accessing sport.
Last week, it announced a further £30 million investment (£25 million of additional government funding, and £5 million from the FA) to create the Lionesses Futures Fund, which will deliver an extra 30 new state-of-the-art artificial grass pitches with gold-standard provision to encourage and enable more women and girls who want to take up sport.
At the same time, pitches have been opened across the country and named them after Lionesses to help celebrate their legacy inspire young girls.
How women’s football will move to next level of success
In response to Karen Carney’s review, the government has made a number of recommendations, including pledged to create a new entity tasked with running elite women’s football that will not settle for anything less than world leading standards for players, fans, staff, and everybody involved in the women’s game.
The FA is also tasked with fixing the talent pathway in order to create generation after generation of world beating Lionesses.
Both the Women’s Super League and Women’s Championship should become fully professional environments designed to attract, develop and sustain the best playing talent in the world
Also the FA has been tasked with urgently addressing the lack of diversity across the women’s game - in both on and off-pitch roles.
The FA, Premier League, EFL and broadcasters should work together to carve out a new dedicated broadcast slot for women’s football, the government says.
It also called for clubs to provide better value and support their fans, with the FA raising minimum standards to enforce this.
The government has also committed to deliver on recent commitments around equal access to school sports for girls.
It called on everyone involved in funding grassroots facilities to come together to increase investment in order to accommodate meaningful access for women and girls.
The FA, Premier League and Football Foundation should work together to make sure that women and girls are benefitting from funding flowing into facilities, the government recommends.
Also, the FA should leverage the handover of administration of the top two tiers of women’s football to even more acutely focus on grassroots clubs and the Women’s National League.
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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If you go...
Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).
UAE currency: the story behind the money in your pockets
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Company%20profile
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
The low down
Producers: Uniglobe Entertainment & Vision Films
Director: Namrata Singh Gujral
Cast: Rajkummar Rao, Nargis Fakhri, Bo Derek, Candy Clark
Rating: 2/5
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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