Sport England players agree 15% pay cut as pandemic hits ECB revenues
England's three-tier system comes into force, but PM warned measures don't go far enough
England's new three-tier system for localised coronavirus restrictions has come into force today - but the prime minister is already under growing pressure to take even further action. From midnight, the country was split into three COVID-19 alert levels - "medium", "high" and "very high".Liverpool City Region is in the top tier, with bars and pubs forced to shut if they cannot operate as restaurants. Residents have also been banned from socialising with other households both indoors and in private gardens.
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England 's cricket players on central contracts have agreed to take a 15 % pay cut for 12 months due to the impact of the COVID-19 pandemic 1. The agreement was reached between the ECB and the Team England Player Partnership (TEPP). “We need to recognise that our players , led by captains
England players on central contracts agree to 15 per cent pay cut for 12 months. The ECB had implemented short-term cost- cutting measures, including furloughing staff, significant pay reductions and a recruitment freeze at the onset of the financial crisis and said last month they were planning to
(Reuters) - England's cricket players on central contracts have agreed to take a 15% pay cut for 12 months due to the impact of the COVID-19 pandemic on finances, the country's cricket board (ECB) said on Friday.

The pay cut is made up of match fees, win bonuses and retainers with the 12-month period starting from Oct. 1. The agreement was reached between the ECB and the Team England Player Partnership (TEPP).
"We need to recognise that our players, led by captains Joe Root and Eoin Morgan, have conducted themselves with great maturity and responsibility throughout this challenging time," England men's cricket managing director Ashley Giles said.
England invited to play limited-overs series in Pakistan
England invited to play limited-overs series in Pakistan early next year, the England and Wales Cricket Board (ECB) said. If the series goes ahead, it would be the first time England have toured Pakistan since 2005. Top teams have declined to play in Pakistan since a 2009 militant attack on the Sri Lanka team bus in the city of Lahore, though international cricket returned to the country in 2015 when Zimbabwe played limited-overs matches.
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Oct 23 (Reuters) - England 's cricket players on central contracts have agreed to take a 15 % pay cut for 12 months due to the impact of the COVID-19 pandemic on England batsmen Zak Crawley, Ollie Pope and Dom Sibley were among 12 players who were handed central test contracts while
England 's cricket players on central contracts have agreed to take a 15 % pay cut for 12 months due to the impact of the Covid-19 pandemic on finances, the country's cricket board ( ECB ) said on Friday.
"We now want to build on this agreement and work together on a number of areas relating to player welfare, particularly mental health, which remains a high priority for all of us, as we continue to navigate a path through this pandemic."
England batsmen Zak Crawley, Ollie Pope and Dom Sibley were among 12 players who were handed central test contracts while all-rounder Tom Curran's increment contract for white ball cricket was upgraded.
The ECB had previously said they had sustained losses of over 100 million pounds ($130.80 million) when professional cricket in the country was suspended for several months due to the novel coronavirus outbreak.
The ECB had implemented short-term cost-cutting measures, including furloughing staff, significant pay reductions and a recruitment freeze at the onset of the financial crisis and said last month they were planning to make 62 positions redundant.
TEPP chairman Richard Bevan said the players had shown "great responsibility and unity with the wider game" in agreeing to take pay cuts during unprecedented times.
(Reporting by Rohith Nair in Bengaluru; Editing by Toby Davis)
ECB maintains key interest rate level - bond program will not be increased .
The European Central Bank left the key interest rate unchanged at its most recent interest rate meeting. © Provided by Finanz.net Hannelore Foerster / Getty Images As expected, the Council of the European Central Bank (ECB) left its monetary policy unchanged, but at the same time announced an easing for December.
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