Elon Musk’s social media platform X is in discussions to secure new investment at a $44bn (£34.93bn) valuation. The same price was spent by Musk to purchase the firm, formerly known as Twitter, in
Rachel Reeves has been told by top global financial firms she needs to ease investment taxes, sources told Reuters. In a meeting with executives from JPMorgan, BlackRock, Goldman Sachs, Morgan Stanley
KKR has offered £4bn for a majority stake in the crisis-hit utility Thames Water, according to a report. Sources close to the matter told Bloomberg that KKR had no plans to sell any assets should its
Aviva Investors has flagged three of its funds as failing to deliver value for customers on performance, though it said no changes will be made to the funds. Aviva, which manages 15 investment funds,
As a newly minted Picture Editor and thus part of the management team of a then-popular left-wing national newspaper, I sat in on a discussion about why the poor ate so badly. Having only recently lan
BAE Systems has forecast more than £30bn in sales in 2025 as governments across the globe face pressure to hike military spending. The London-listed defence giant said it expects sales to increase by
Glencore has launched a $1bn (£792m) share buyback programme despite recording a 16 per cent drop in adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) in 2024. The firm’
Budget airline Jet2 has reported a boost in profit before tax but warned margins may come under pressure in the near future due to a raft of cost pressures. Jet2 expects to report profit before tax of
HSBC surpassed analyst profit expectations in its annual results as its new boss reiterated its focus on slashing costs. The FTSE 100 lender published its first set of results with Georges Elhedery�
A key personal finance deadline is approaching. Savers with Individual Savings Accounts have until April 5 2025, to use their annual tax-free allowance, which shields up to £20,000 of savings in the