Category: News

AutoTrader, the UK’s biggest marketplace to buy and sell cars, is starting to see signs that the cost of living squeeze and high electricity prices could be hurting electric vehicle sales.

Half a million people have left the workforce in the past three years because they are suffering from long-term illness.

Bitcoin could fall to $13,000 in the coming weeks, claims an analyst at JP Morgan, which expects investors to pull their money out of cryptocurrency markets amid the fallout from the woes of FTX, the teetering crypto exchange.

The UK economy contracted in the third quarter of the year, official figures showed this morning, raising the prospect of a recession by the end of the year.

House sales continued to slow last month while the rental market picked up pace as prospective buyers put off purchases amid the surge in mortgage rates.

The sale was billed as “the largest and most exceptional art auction in history”, which experts agreed was not an exaggeration.

The pub chain JD Wetherspoon is planning to sell a further 39 pubs after getting rid of five sites over the past three months amid a slow recovery in trading since the pandemic shut down hospitality.

Jeremy Hunt is expected to increase the number of people paying the highest rate of tax by lowering the threshold from £150,000, according to Treasury sources.

Labour MP Sir George Howarth secured parliamentary time to introduce draft legislation designed to reform the UK’s all-employee share plans.

An electric vehicle start-up that once claimed to be one of Britain’s biggest unicorns has warned that it does not have enough cash to keep going for the next year and will not generate revenue until 2024.

Mark Zuckerberg has laid off more than 11,000 Meta’s employees, about 13 per cent of its global workforce, in what he described as “some of the most difficult changes we’ve made in Meta’s history”.

Elon Musk sold shares in Tesla worth almost $4 billion after completing his takeover of Twitter.