James Murdoch in line for £50m from Tesla share boom

Media tycoon James Murdoch is in line for a near-£50million payday at Tesla, joining directors who have made a fortune as the electric car pioneer has become the world’s most valuable car company. The stock market value of Tesla, run by eccentric billionaire Elon Musk, last week overtook Toyota to …

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Will Britain see a cut in VAT or helicopter money?

While the Prime Minister has urged those hitting the pubs to be sensible, he is hoping that people are not so cautious with their wallets.  Figures released in late June showed that the UK discovered its economy had contracted in April by the largest percentage in recorded history. A few …

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Search for elusive former boss of Wirecard intensifies

The search for an elusive former boss of collapsed payments giant Wirecard intensified last night after it emerged his reported flight to the Philippines was faked.  Jan Marsalek, Wirecard’s former chief operating officer, has not been seen since the firm filed for insolvency last week.  It had been claimed he …

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Millions of Britons now hold cryptocurrency like bitcoin

Not so long ago, sandwiched somewhere in between the EU referendum and the coronavirus pandemic, bitcoin and cryptocurrencies briefly became the hottest global topic. With prices soaring, many blindly took a punt, worried they would miss out on a chance for a quick and large profit – the only way …

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Britain’s grocers gearing up for massive price war

Britain’s grocers are gearing up for a massive price war amidst fears unemployment could rise above four million.  More than 14,000 jobs were lost this week as a coronavirus jobs bloodbath hit the economy.  The jobs cull has left supermarket bosses scrambling to show they are competitive on price as …

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