Qatar Holding, a sovereign wealth fund, is contributing $375m, while Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, also confirmed he would retain his $1.9bn stake in Twitter, writing that Mr Musk would be an “excellent leader” for the site.
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National Living Wage set to rise to £9.50 an hour
admin, , Business, 0
“This is made more challenging when retailers are currently grappling with an assortment of other government-imposed costs – higher...
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Second class letter deliveries on Saturdays could be cut
admin, , Business, 0
Royal Mail could be allowed to end the delivery of second class letters on Saturdays, as part of reforms...
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East West and Northumberland rail lines get £794m boost
admin, , Business, 0
There are plans for new stations at at Ashington, Bedlington, Blyth, Bebside, Newsham, Seaton Delaval, and Northumberland Park, in...
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UK hits back at criticism from World Bank over aid cuts
admin, , Business, 0
Speaking to the BBC, Axel van Trotsenburg, senior managing director at the World Bank, explained how every dollar counts....
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Post Office plan to sack Horizon IT reviewer kept secret, documents reveal
admin, , Business, 0
The Project Sparrow sub-committee was led by Post Office chair Alice Perkins and included chief executive Paula Vennells, alongside...
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British Airways sells off bowls to bedding as it shifts surplus stock
admin, , Business, 0
And while the event is not quite a sell-off of the family silver, the airline is getting rid of...
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New visas urged to tackle EU lorry driver shortage
admin, , Business, 0
“While we wait for new recruits to complete their training, which can take up to nine months, the logical...
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UK interest rates raised to 1.25% by Bank of England
admin, , Business, 0
The Bank has also stopped giving guidance that more rates are on the way, and instead replaced that wording...
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