Tesla to pay Musk $1m for lawsuit insurance policy July 1, 2020 Tesla has said it plans to bring an end to an unusual insurance arrangement with its chief executive, which safeguards its board members against lawsuits, after a final payment of $1m. Tesla’s chief executive Elon Musk has been personally indemnifying the firm’s board, after he said in April that he believed insurance premiums from other [...]
Bupa launches ‘Netflix style’ private GP subscription service August 29, 2024 British health insurance provider Bupa has launched a new subscription-based GP service as the healthcare industry increasingly shifts towards on-demand services. For under £20 a month, subscribers gain access to same-day GP appointments, prescription deliveries and round-the-clock support through a dedicated ‘healthline’. The launch comes on the back of a Bupa survey highlighting the growing [...]
Qatar Airways to sponsor British and Irish Lions Tour to Australia July 25, 2024 Major long haul group Qatar Airways will be the title partner to the British and Irish Lions series against Australia in 2025. The partnership marks the next step in sponsorship for the famous rugby touring group, who have one of the most valuable pound-per-minute played commercial platforms in world sport. They follow City firm Howden [...]
We need to tackle financial exclusion and give everyone the opportunity to safeguard their future October 9, 2023 With a plan to make credit more accessible and financial education part of the primary school curriculum, the Lord Mayor of the City of London wants everyone to experience economic stability
Kwarteng vows ‘new era’ as he prepares to unveil tax-cutting mini-Budget September 22, 2022 Kwasi Kwarteng will tomorrow outline the biggest package of UK tax cuts in more than 30 years as a part of the government’s bid to launch a Thatcherite economic revolution. The chancellor today confirmed he would axe this year’s 1.25 percentage point increase in National Insurance in tomorrow’s mini-Budget and he is expected to cancel [...]
Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales July 17, 2024 Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said.
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
The Budget shows signs that the election won’t be complete procession March 7, 2024 Well, it wasn’t overly dramatic, but it wasn’t bad either. Reading between the lines in yesterday’s Budget however does give some cause for optimism that the election will not be a complete procession – and regardless whether you’re one of the three remaining people in Britain planning to vote Conservative or a dyed in the [...]
Kennedys Law revenue leaps as firm’s US growth gathers speed July 2, 2024 London-based Kennedys Law revenue jumped by 17 per cent over the last financial year which sees the firm's global turnover surpassing £380m
Warren Buffett and The Big Short’s Michael Burry: Why are they selling Apple and buying gold? May 16, 2024 The latest portfolio moves of Warren Buffett and Michael Burry have been revealed.