Meta pays Trump $25m to settle Facebook lawsuit
Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well
Elon Musk says 2025 will be a ‘pivotal year for Tesla’ despite sales slowdown
On Wednesday, electric vehicle (EV) giant Tesla reported a significant decline in profit for 2024, with its net income dropping over 70 per cent to $2.3bn (£1.83bn). The firm reported a profit of $2.
Pembroke VCT boss Andrew Wolfson: ‘New founders aren’t blaming Brexit’
Pembroke VCT boss Andrew Wolfson has backed brands like TALA and Pasta Evangelists. He tells us the wisdom he's picked up along his career.
Pinewood Studios: Home of James Bond reveals expansion plans
The group behind Pinewood Studios has revealed plans to build more film stages at the iconic home of the James Bond franchise. Pinewood Group has launched a public consultation into its proposals to e
‘The Slab’ redevelopment begins construction on London’s South Bank
A mixed use construction scheme on London’s South Bank has been given the green light after developers won a court battle against a campaign group last December. Mitsubishi Estate was granted planni
St James’s Place: Britain’s biggest wealth manager has stock upgraded
City broker Peel Hunt has upgraded St James’s Place this morning, after a strong set of results and a surge in share price. Britain’s biggest wealth manager reported £4.3bn in new money throughou
Britain’s independent brewers hit record turnover as small firms flounder
Turnover of the UK’s top 25 independent breweries hit a record high of £1.72bn in the last year although there was a higher rate of insolvencies for small brewers, according to new data. The figure
Barclays the latest to harden line on office attendance rules
Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a mor
The Capitalist: Pedicabs, WH Smith and HMRC hang-ups
Pedicab politics, the demise of WH Smith and taxman ghostings: catch up on the latest gossip in this week's edition of The Capitalist.
Chrysalis stock jumps on Klarna and Starling upgrades
Chrysalis stock has jumped by more than six per cent this morning after its private equity holdings, including Klarna and Starling Bank, saw significant upgrades to their valuations. The private equit