Elon Musk has made so much money from Tesla that he is now the richest person on the planet. However, the second-biggest winners are investors in an Edinburgh-based investment fund that began backing Musk’s electric car company in 2013. Scottish Mortgage...
The average price of a property in London broke through the £500,000 barrier for the first time, official figures for November show, with pent-up demand from lockdowns, a change in the types of homes being bought and two tax deadlines all fuelling...
A consortium that includes high street giant Next is thought to be in pole position to buy Sir Philip Green’s Topshop empire out of administration. Arcadia, which employed 13,000 people across 500 outlets at the time of last year’s collapse, is being auctioned, with...
Goods being delivered to Northern Ireland, including ready meals and fresh fruit, are experiencing disruptions due to Brexit, Tesco has said. Supermarkets have reported problems with post-Brexit arrangements when moving products into Northern Ireland which has remained in the EU single market while the rest of the...
People who file their tax returns late won’t face a fine this year, as long as they can show that the delay was due to coronavirus. In a show of forbearance that could offer relief to millions of workers, HM...
Boeing has been fined $2.5bn by the US justice department after being charged with fraud and conspiracy in connection with two fatal crashes of its 737 Max airliner. Boeing’s employees chose “the path of profit over candor by concealing material...
US casino group MGM Resorts has made an offer to buy the owner of Ladbrokes and Coral, valuing the bookmakers at £8.1bn. Entain said on Monday that it had rejected the approach, leaving MGM until 1 February to make a...
The high street shed 177,000 jobs in 2020 according to a study that predicts an even more devastating toll on retail jobs this year, with a further 200,000 expected to be lost. The job losses in what is the UK’s...
Senior Conservative MPs late on Saturday expressed alarm at plans to rush the historic UK-EU trade deal through parliament in just one day, as fishermen’s leaders accused Boris Johnson of “caving in” at the 11th hour to clinch agreement on...
Supermarkets and wholesalers are warning shoppers of shortages of lettuce, broccoli and citrus fruit around Christmas after France banned hauliers carrying freight across the Channel in an effort to contain the spread of the new coronavirus strain. The environment secretary, George Eustice,...
