Elon Musk sells almost $4bn more of Tesla shares after Twitter takeover
Elon Musk has sold Tesla stock worth almost $4bn (£3.46bn) after completing his takeover of Twitter.The founder and chief executive...
business
Cost of living: Household grocery bills ‘rise by almost £40’ in a month
The cost of the average annual grocery shop has risen by almost £40 in just one month, according to an...
Number of restaurants and food outlets entering liquidation up by almost 50%
The number of restaurants and food outlets entering liquidation has increased by almost 50%, amid warnings the sector is in...
Primark will not increase prices further as sales reach pre-COVID levels
Primark has said it won't further raise prices despite significant costs as it announced a return to pre-COVID-19 sales and...
Meta expected to lay off thousands as tech job cuts mount
Meta, the company previously known as Facebook, and the parent company of WhatsApp and Instagram, is expected to become the...
Made.com co-founder’s ‘final’ rescue bid fails, paving way for online furniture retailer’s collapse
Co-founder and former chief executive of Made.com Ning Li has told staff that his "final" bid to save the company...
Liverpool owners Fenway Sports Group say they are open to offers, raising prospect of club being sold
The owners of Liverpool FC have said they are open to offers, raising the prospect of the club being sold.The...
CVC makes £1.5bn approach for IWG’s Instant Group arm
The private equity backer of Six Nations Rugby has approached Britain's biggest serviced offices provider about a £1.5bn deal that...
Business Secretary Grant Shapps hints at autumn budget windfall tax expansion on energy firms due to ‘unexpected profits’
Business Secretary Grant Shapps has hinted that the government may extend the windfall tax on oil and gas companies in...
Higher fares and record traffic make Ryanair finances better than pre-COVID
While most airlines and airports have struggled to return to pre-pandemic health, Ryanair has brought itself to a better position...
National Insurance rise will be reversed from today – as millions of workers to keep an extra £330 of their money a year on average
Workers are set to see more money in their pay packets as a rise in National Insurance is being reversed...
Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts
Grant Shapps, the new business secretary, will hold crunch talks next week with the owners of Britain's second-biggest steel producer,...
‘Unfortunately, there is no choice’: Elon Musk defends culling Twitter staff
Elon Musk has defended sacking half of Twitter's 8,000 workers, saying "unfortunately, there is no choice".Mr Musk insisted that the...
Hundreds of workers to strike at Heathrow Airport in run-up to World Cup
Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands...
Energy bills: Power blackout prevention scheme which could earn households £100 approved
The energy regulator has approved a scheme that will see households and businesses taking part receive financial rewards for saving...
Elon Musk closes all Twitter offices as layoffs begin
Twitter employees are finding out whether they are being laid off today - one week after Elon Musk's takeover.The social...
US interest rates see fourth 0.75 percentage point rise to tackle inflation
The US central bank has imposed its fourth major interest rate rise in a row.The Federal Reserve, the central bank...
BT warns of job cuts as it dials in £500m of additional cost savings
BT has warned that jobs are likely to be lost after raising its cost savings target from £2.5bn to £3bn...
Cost of living: Sainsbury’s shields shoppers from some rising costs as profits dip
Sainsbury's has claimed to be passing on rising costs to shoppers at a slower rate than its competitors, saying its...
Interest rate rises to 3% as Bank of England imposes biggest hike for three decades
The Bank of England has unveiled the biggest interest hike for 30 years as it seeks to tame double-digit inflation.The...