News

US hedge fun Saba Capital cashes in after seizing control of a UK trust with a stake in SpaceX

Yesterday

Saba, run by Boaz Weinstein, pictured, won a battle with Edinburgh Worldwide investment trust after investors voted to replace the board with his nominees.

Blast off! Elon Musk to become world's first trillionaire with SpaceX set for the biggest stock market listing ever

Yesterday

Elon Musk is set to become the world's first trillionaire after his rocket firm SpaceX laid out plans for the biggest stock market listing ever.

Welcome to Musk-topia! Tech tycoon sets his sights on the final economic frontier, says RUTH SUNDERLAND

Yesterday

Elon Musk, whose float of SpaceX is about to make him the first dollar trillionaire on Planet Earth, believes space is the largest economic frontier in human history.

Hated tourist tax fuels huge spending slump in London - despite soaring visitor numbers

Yesterday

A report by the Heart of London Business Alliance, which covers Piccadilly Circus, Leicester Square and St James's, showed spending of £1.1bn in the 12 months to March.

'The tide is turning' on branch closures in Britain, says Nationwide boss Debbie Crosbie

Yesterday

Debbie Crosbie, pictured, said the appetite for personal banking was returning after years in which lenders have been abandoning the high street.

Elon can only be sacked... by Elon: Musk cannot be removed as SpaceX boss without his consent

Yesterday

Documents reveal the billionaire 'can only be removed from our board' or from his role as chief exec if a majority of 'class B' shareholders approve.

'No longer locked in the pages of science fiction': SpaceX prospectus lays out Elon Musk's vision

Yesterday

The billionaire, who wants to ensure humans don't have 'the same fate as dinosaurs', sees a future that includes space tourism, asteroid mining and a lunar economy.

Close Brothers speeds up cost cutting drive as motor finance scandal bill reaches £320m

Yesterday

Close Brothers revealed in March it was cutting around 600 jobs - nearly a quarter of its 2,600-strong workforce - over the next 18 months.

Miliband's plan to get plug-in solar panels in shops like Lidl this summer still needs 'great deal of work' as safety proves a sticking point

Yesterday

Lidl told This is Money that it was still in the 'early stages' of exploring solar panels, adding that no dates for launch had been confirmed yet.

Chery Tiggo 4 review: The small SUV undercuts rivals at £19,995 - but is it any good?

Yesterday

Chery, China's third largest carmaker, has brought its cheap small SUV to the UK to take on budget compact competitors.

Starling Bank sees profits and revenue drop amid lower interest rates

Yesterday

Lower interest rates hit Starling Bank's bottom line in the past year, new annual results show.

Labour given 'brutal reality check' on economy as slump fuels fears of recession

Yesterday

A report by the Confederation of British Industry found factory orders are falling at the fastest pace since September 2020 during the depths of the Covid-19 pandemic.

Wes Streeting sets out wealth tax plan which would see capital gains equalised with income tax - could it work?

Yesterday

Wes Streeting has set out plans for a wealth tax that would see capital gains equalised with income tax.

Investment boss warns 'frustrating' plans to tax cash held in stocks and shares Isas will backfire

Yesterday

The boss of AJ Bell has taken aim at 'frustrating' tax proposals that threaten to undermine the government's ambition to boost retail investing.

Best cash Isa rates 2025: Our pick of the five top deals

Yesterday

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.

ALEX BRUMMER: Rachel Reeves' Soviet-style intervention to cap the price of milk, bread and eggs is an idiotic, dangerous recipe for disaster. This is why I fear history is about to repeat itself

Yesterday

Of all the crass ideas to emerge from HM Treasury under the stewardship of Rachel Reeves, few are as wrongheaded as the Chancellor's proposal for a socialist 'price cap' on groceries.

Low-emission zones raked in £250m last year as Britons were stung for driving older cars

Yesterday

New research has found that Britain's low-emission zones pulled in £250million in 2025, and £103.4million of that was fines.

SpaceX reveals blockbuster IPO plans set to make Elon Musk a trillionaire

Yesterday

Elon Musk has revealed plans to float SpaceX in the US, paving the way for the world's largest stock market float in history that could make him a trillionaire.

Fire-risk Volvo EV owners told not to fully charge for 5 months

Yesterday

Infuriated Volvo EX30 drivers say limited range and higher running costs have become a 'constant inconvenience' - with some already considering a return to petrol or diesel.

Fairer Share: Nationwide reveals members will get £100 bonus

Yesterday

Nationwide confirmed it will once again pay a profit-sharing bonus to its customers.

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