News

Musk's SpaceX IPO gives UK investors 6 days to sign up for shares

Yesterday

SpaceX, whose key businesses are aerospace, satellites and artificial intelligence will be selling 555.6 million shares at $135 each, raising £56bn.

Private fund fears spread as more investors look to cash out: ALEX BRUMMER

Yesterday

In the last 48 hours the world's biggest investor, Blackstone, has curbed withdrawals from its top private credit fund after $4.5bn of redemption requests.

Couples who live together could gain new inheritance and property rights on death or separation

Yesterday

The proposed rights are intended to be 'distinct and different' from those of married people, to help 'preserve the sanctity of marriage', according to the Government.

Trafigura traders share £2.3bn pay bonanza as Iran war boosts profits at the commodities firm

Yesterday

The windfall, distributed to more than 1,400 senior employees, was more than the pay-out for the whole of the previous year.

Construction suffers worst slump since the pandemic as Labour's civil war and Iran conflict take their toll

Yesterday

Latest figures deal another blow to Labour's target to build 1.5 million homes over the course of the Parliament under a 'build, baby, build' mantra.

Disgraced financier Lex Greensill hit with nine-year boardroom ban

Yesterday

The Insolvency Service said the businessman had 'breached his legal duty... to exercise reasonable care, skill and diligence as a company director'.

Billions wiped off London-listed banks as China cracks down on moving money overseas

Yesterday

HSBC fell 1.8% while fellow Asia-focused lender Standard Chartered dropped 2.8% and insurer Prudential, which makes most of its sales in China, fell 7.6%.

Meltdown on the High Street as Spring heatwave sends shopper numbers sliding

Yesterday

Record-breaking hot weather at the end of May contributed to a 2.6% decline in visits to retail destinations, compared to the same month last year.

Remy Cointreau shares jump as cognac maker unveils plan to reverse sales and profits slide

Yesterday

Remy, whose Cointreau brand is promoted by actress Aubrey Plaza (pictured), said it will win back consumers by offering more affordable drinks.

A very small car for an extremely large man: British company builds tiny vintage Bentley for 6ft4 actor Jason Momoa - and it cost over £130,000

Yesterday

With a single seat and shrunken dimensions, Momoa will do well to squeeze his substantial frame behind the wheel of the scaled-down car.

Barclays removes account fees on its DIY investing platform - but is it as cheap as it looks?

Yesterday

Barclays has removed account fees on its Direct Investing platform to become the latest provider to shake up its charging structure.

A £153m TikTok tax scam plot sees two men arrested in London

Yesterday

The two men are accused of using TikTok to persuade British taxpayers to hand over tax account details with the promise of financial rewards.

Rolls-Royce upgrades its £400,000 electric Spectre - it's the most powerful car it has ever made

Yesterday

Rolls-Royce has lauched its most powerful car to date - the Spectre II. It's the second-generation of its first electric vehicle and now the two-door four-seater comes with 680hp.

Tenant unions mobilise to resist rent rises: New campaign encourages renters to challenge ANY increase

Yesterday

A group of rental vigilantes are encouraging tenants to challenge landlords over rent hikes and take full advantage of new rules that came into force on 1 May.

Will your travel insurance REALLY cover you? How to pick the best cover as holidaymakers fear Middle East conflict cancellations

Yesterday

Holidaymakers picking a travel insurance policy face a deluge of choice - choose the wrong one and you could be left without cover when you need it the most.

It's not just SpaceX! How to invest in the other space race stocks

Yesterday

If an extra-terrestrial foray is your summer investor adventure, here are the names to explore - and the way to secure a slice of SpaceX before the sale.

SpaceX says it is worth $1.75tn ahead of world's biggest IPO

Yesterday

SpaceX setting an estimated price for its stock listing in advance in this manner is an unusual move.

More than one in four new car sales are electric as market shift away from petrol and diesel accelerates

Yesterday

Orders for electric cars rose by 34.2% to reach almost 44,000 deliveries last month, official data shows. Experts say it should 'finally put to bed the old chestnut that drivers don't want EVs'.

Dangers of using AI in divorce: Beware blunders, extra legal costs and disclosing sensitive details

Yesterday

The gravest danger lies in sharing private financial and personal information or allegations with a chatbot, which could land you in contempt of court if it is discovered.

Mitie buoyed by new contracts but boss warns Middle East conflict could drive costs up

Yesterday

Mitie saw its annual revenue and order book rise, but the firm's boss flagged potential cost inflation as a result of war in the Middle East.

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