“I find that to be very hard to believe,” says Ellias. “If that happened, it’d be because Elon decided to pull the rug out. But even then, if he were to do that, the creditors would have the option of pushing the company into bankruptcy, getting a trustee appointed and turning the lights back on,” he says.
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Budget 2024: When it is and what will it mean for my money?
admin, , Business, 0
But it was a shallow recession, meaning economic output did not suffer a sharp, deep fall, which would have...
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Labour accuse Tories of ‘cover up’ over public services
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Labour have accused the Conservatives of “covering up” the scale of problems in the public sector, creating a multi-billion...
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M&S slumps to first loss in public firm’s history
admin, , Business, 0
In August M&S announced it was set to cut 7,000 jobs over three months.
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Appointment-only late afternoon banking at Santander
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Jenny Ross, money editor at the consumer association Which?, said: “Santander deserves credit for taking greater account of customer...
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Odeon to open weekends-only at some cinemas
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Image copyright Getty Images Odeon is cutting the opening hours for some of its cinemas in the UK and...
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Ryanair and Manchester Airport launch travel legal challenge
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The travel industry has stipulated that the legal challenge is about getting the government to commit to transparency about...
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Topshop: ‘I haven’t bought clothes in a shop for years’
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Even her fiancé Matt, who tends to find the crowds and the loud music in physical shops a bit...
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Builders told to remove ‘unfair’ ground rent terms
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When a leasehold flat or house is first sold, a lease is granted for a fixed period of time,...
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