Cazoo founder Alex Chesterman’s stake in the company is almost completely…
Cazoo’s founder saw his 24,3% stake in the car retailer nearly wiped out following a debt-for equity swap of $630…
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Elon Musk to test brain implant with Neuralink
Elon Musk's Neuralink brain implant company has been given clearance to begin recruiting patients for the first…
The chief of Deutsche Bank warns that Germany could become the sick man of Europe
The chief executive of Deutsche Bank - the largest lender in Germany - has warned that Germany could become the…
Dubai’s house prices are rising at the fastest rate in the world following…
House prices in Dubai are rising at the fastest pace in the world following an influx of Russian money.
High…
Chelsea FC raises $500mn From Ares
Ares Management has invested about $500mn into Chelsea FC as the Premier League club's US owners seek to fund…
UK robotic surgery group raises $165mn
CMR Surgical, a UK robotic surgery company, has raised $165mn in funding from investors such as Japan's SoftBank.…
Cost of UK’s fleet of new armed drones increases by 40%
The Ministry of Defence's efforts to cut its budget two year ago have contributed to the cost of new armed UK…
Oxford BioMedica shares soar as vaccine maker raises earnings guidance
Oxford BioMedica has raised its earnings guidance for the next year, as it signs up new clients for their cell and…
Fabio Panetta, ECB, said that fiscal union would boost EU defense spending.
According to a senior banker, European defence spending could be more effective if the EU had a permanent ability…
Mozambique seeks $1.5 billion in damages for ‘tuna bonds’ scandal
Mozambique is set to seek $1.5bn of damages in a London trial next month for the alleged $2bn "tuna bonds" fraud,…
Goldman Sachs raises 15bn dollars to purchase stakes in private equity fund
Goldman Sachs raised $15bn in order to purchase investors' stakes and to invest in transactions where buyout groups…
Investors reduce bets after UK inflation drops to 6.7%
UK prices rose less than expected in August, lowering the annual rate of inflation to 6.7 per cent and putting…
UK Competition Watchdog warns that the AI boom will not be a positive thing.
The UK's Competition Watchdog warned that people should not expect a positive outcome in the …
Hamptons rents are soaring as high interest rates keep buyers away
Rents in Britain are at their highest level ever as interest rates rise, driving away potential buyers.…
Andy Haldane: The’sandwich generation” is responsible for…
Andy Haldane warns about the pressures of long term sickness on middle aged workers
Former Bank of…
Pendragon sells UK car dealerships in a £280mn deal to US group Lithia
Pendragon, the UK's biggest automotive retailer, will sell its dealerships and concentrate on software. This ends a…
UK automakers demand tax incentives to encourage the switch to electric vehicles
The UK auto industry has requested tax incentives for motorists to switch to electric cars to offset the weakening…
Hungary has raised new objections against Sweden’s Nato bid
Hungary and Turkey have added more obstacles to Sweden's Nato application. Budapest is expected to demand further…