Business ‘Silver spenders’ help drive tap and go contactless payments to record high February 16, 2023 An estimated 91.2% of card payments last year were contactless, according to data covering spending when the technology was available. Analysis of habits by debit and credit card users at…
Business Elon Musk donated £1.6bn in Tesla stock to charity last year February 15, 2023 Elon Musk donated around $1.95bn (£1.6bn) worth of Tesla stock to charity last year, according to documents filed in the US. The billionaire gifted about 11.6 million shares between August…
Business Ford job cuts: More than a thousand jobs to go in the UK February 14, 2023 Ford has announced 1,300 jobs are being cut from its UK business as part of a Europe-wide overhaul of the carmaker. The cuts are being made as part of a…
Business American fund KPS sets sail with purchase of British yacht-builder Princess February 13, 2023 Britain’s biggest luxury yacht-builder is being sold to new private equity backers 15 years after it last changed hands. Sky News has learnt that Princess Yachts, which is based in…
Business Broadband and phone bill rises to be investigated by Ofcom February 9, 2023 The UK communications regulator has launched an investigation into broadband and phone bill price rises as research suggested many customers are unaware providers can increase costs. The review, to be…