42 h. ago Center Parcs share detailed plans for Scotland's first £400m holiday park

The holiday firm has shared the proposed layout for the site in the Scottish Borders and say it will create hundreds of jobs.

Economics

5 d. ago Rise of the 'Tesla killer': Chinese firm sees shares soar as Elon Musk's stock sinks. This is what it could mean for your finances...

Its electric cars have driven in from China - and now this company is being dubbed 'the Tesla killer'. Shares in BYD have accelerated to a record high and are up 52 per cent this year.

Events

6 d. ago Traitorous timeline of Tesla – Elon Musk's rise to power and fall from grace

As Tesla sales stall across Europe and the company's net income drops, many have been left to wonder how Musk found himself at the helm of the EV car company despite not actually founding it

Politics

7 d. ago Sadiq Khan urges hotels to show 'London spirit' in wake of Heathrow shutdown

Mayor says police will share fire’s cause once investigators have reached firm conclusion

Society

7 d. ago Elon Musk tells Tesla employees to hold on to their stock amid harsh selloff

Musk predicts ‘bright’ future despite Tesla bearing brunt of backlash against his role in Trump’s administrationUS politics live – latest updatesElon Musk attempted to reassure Tesla employees of the automaker’s “bright and exciting” future at a company all-hands meeting on Thursday, urging them not to sell their stock even as the company’s valuation slides precipitously downward.“There are times when there are rocky moments,” the billionaire CEO told his employees. “But what I’m here to tell you is that the future is incredibly bright and exciting, and we’re going to do things that no one has even dreamed of.” Continue reading...

Politics

8 d. ago Trump to dramatically downsize education department but it will still handle student loans, says White House – live

Press secretary Karoline Leavitt says DoE will be ‘much smaller’ due to executive order Trump will sign as critics say it is ‘dark day’ for US childrenAnother, perhaps more worrying sign, of the Trump administration’s approach to economic policy was revealed yesterday, when commerce secretary Howard Lutnick recommended in a Fox News interview that people buy Tesla stock.That’s the electric car company led by Elon Musk, who is busy right now cutting down the US government at the behest of Lutnick’s boss, Donald Trump.I think if you want to learn something on this show tonight, buy Tesla. It’s unbelievable that this guy’s stock is this cheap. It’ll never be this cheap again. When people understand the things he’s building, the robots he’s building, the technology he’s building, people are going to be dreaming of today, and thinking gosh, I should have bought Elon Musk’s stock.The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start to transition (ease!) their way into the e...

Society

8 d. ago Major Tesla investor says Elon Musk must choose: Tesla or Trump

‘Either Elon should come back to Tesla ... and give up his other jobs, or he should focus on the government,’ Ross Gerber says

Politics

8 d. ago Trump reportedly aims to return ‘authority to the states’ by closing Department of Education – US politics live

President plans to sign executive order closing DoE; order is challenged before it is signed as NAACP calls it a ‘dark day for millions of American children’Tell us: have you experienced any issues at the US border recently?Another, perhaps more worrying sign, of the Trump administration’s approach to economic policy was revealed yesterday, when commerce secretary Howard Lutnick recommended in a Fox News interview that people buy Tesla stock.That’s the electric car company led by Elon Musk, who is busy right now cutting down the US government at the behest of Lutnick’s boss, Donald Trump.I think if you want to learn something on this show tonight, buy Tesla. It’s unbelievable that this guy’s stock is this cheap. It’ll never be this cheap again. When people understand the things he’s building, the robots he’s building, the technology he’s building, people are going to be dreaming of today, and thinking gosh, I should have bought Elon Musk’s stock.The Fed would be MUCH better off CUTT...

Politics

9 d. ago Rise of the 'Tesla killer': Chinese EV firm backed by Buffett sees shares soar as Elon Musk's stock sinks

Its electric cars have driven in from China - and now this company is being dubbed 'the Tesla killer'. Shares in BYD have accelerated to a record high and are up 44 per cent this year.

Events

9 d. ago X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022

Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion

Economics

9 d. ago X now valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022

Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion

Economics

9 d. ago The rise of the 'Tesla killer': How a Chinese electric car firm backed by Warren Buffett has seen its shares soar as Elon Musk's brand plummets... so should YOU invest? Read what the experts say

Its electric cars have driven in from China - and now this company is being dubbed 'the Tesla killer'. Shares in BYD have accelerated to a record high and are up 44 per cent this year.

Events

9 d. ago Brussels takes action against Google and Apple under Digital Markets Act – as it happened

Rolling coverage of the latest economic and financial newsIstanbul mayor arrested days before likely presidential nominationIs Trump driving the US into a recession? – in chartsSuperdrug is to open 25 new stores this year in a move that will create around 600 jobs, as the health and beauty retailer said it intends to invest more in beauty treatments and luxury fragrances.The company, which said that investing in larger stores drives its bricks and mortar strategy, currently has 780 shops in the UK and Ireland.“We want everyone who enters Superdrug to feel an elevated customer experience.”Bexhill-on-Sea (East Sussex)Billericay (Essex)Dover (Kent)Droitwich (Worcestershire)Dunstable (Beds)East Grinstead (West Sussex)Holyhead (Isle of Anglesey)Ilkley (West Yorkshire)Larne (Antrim, NI)Maldon (Essex)Morley (West Yorkshire)North Walsham (Norfolk)Redcar (North Yorkshire)Saffron Walden (Essex)St Annes on Sea (Lancashire)Turriff (Aberdeenshire)Uckfield (East Sussex)Urmston (Great Manchester) ...

Politics

9 d. ago Brussels takes action against Google and Apple under Digital Markets Act – business live

Rolling coverage of the latest economic and financial newsIstanbul mayor arrested days before likely presidential nominationIs Trump driving the US into a recession? – in chartsSuperdrug is to open 25 new stores this year in a move that will create around 600 jobs, as the health and beauty retailer said it intends to invest more in beauty treatments and luxury fragrances.The company, which said that investing in larger stores drives its bricks and mortar strategy, currently has 780 shops in the UK and Ireland.“We want everyone who enters Superdrug to feel an elevated customer experience.”Bexhill-on-Sea (East Sussex)Billericay (Essex)Dover (Kent)Droitwich (Worcestershire)Dunstable (Beds)East Grinstead (West Sussex)Holyhead (Isle of Anglesey)Ilkley (West Yorkshire)Larne (Antrim, NI)Maldon (Essex)Morley (West Yorkshire)North Walsham (Norfolk)Redcar (North Yorkshire)Saffron Walden (Essex)St Annes on Sea (Lancashire)Turriff (Aberdeenshire)Uckfield (East Sussex)Urmston (Great Manchester) ...

Economics

9 d. ago Trump tariffs creating ‘high uncertainty’, Bank of Japan warns; list of 95 Santander branches to close – business live

Rolling coverage of the latest economic and financial news Continue reading...

Events

9 d. ago Topshop fans ask 'is this happening' as high street retailer teases possible return

The firm shared some elusive social media posts, leaving former Topshop lovers guessing and hoping

Politics

9 d. ago Trump tariffs creating ‘high uncertainty’, Bank of Japan warns; Musk’s X ‘valued at $44bn again’ – business live

Rolling coverage of the latest economic and financial newsSavings and investment firm M&G has warned this morning that it faces uncertain times.In its full year results for 2024, M&G points out that:Increased geopolitical uncertainty and market volatility continue to weigh on client sentiment and pose a significant challenge to financial institutions across the globe.The Company has traded well in the first half and delivered strong profit growth. Like other operators in the sector, we face many cost headwinds that will impact us in the second half, following the recent Budget, notably the increase in national living wage and national insurance from April. We estimate that the annualised impact of these two items is £2.6m, with the incremental costs commencing in April and impacting the final quarter of the 2025 financial year.We plan to mitigate the majority of these costs over the next 18 months through price increases and cost efficiencies. Continue reading...

Economics

1 week ago Tesla stake is no longer Elon Musk’s most valuable asset amid stock market sell

SpaceX, Musk’s private rockets and satellites business, is now largest asset for the first time in five yearsUS politics live – latest updatesElon Musk’s vast stake in Tesla is no longer his most valuable asset as the electric car company continues to endure a sharp stock market sell-off.Musk’s stake in SpaceX, his private rockets and satellites business, is now the billionaire tycoon’s largest asset for the first time in five years, according to Forbes, which still pegs his net worth at $323bn – more than anyone else in the world. Continue reading...

Politics

1 week ago Notable Tesla investor says he hopes Musk’s government role is ‘short

Christopher Tsai retains faith in carmaker’s earnings potential despite backlash that has seen its shares take a hitA devoted investor in Elon Musk’s Tesla – and once a close childhood friend of the US president’s eldest son and namesake – says he hopes the world’s richest man’s role in cutting federal spending for Donald Trump’s administration is “short-lived” and that he returns to managing his businesses.Investment manager Christopher Tsai, whose firm has tens of millions of dollars tied up in Tesla, said the stock market had demonstrated clear signs of displeasure with Musk’s activities at the so-called department of government efficiency. And, in an interview with the Guardian, Tsai said: “I hope his involvement with [Doge] is short-lived so he can spend even more time on his businesses.” Continue reading...

Politics

2 w. ago Trump live updates: U.S. importers warn president’s 200% tariff threat on E.U. alcohol will kill demand

President’s chaotic trade war continues to unsettle financial markets as administration suffers further political setbacks in court

Events