The CBI has urged the government to act, recommending it freezes business rates for another year and rapidly implements targeted support. Without this support, the CBI warns that otherwise viable businesses may collapse. Two-thirds of businesses will face a substantial increase in their bills over the next three months, with a third of those facing […]
On Wednesday, Elon Musk caused a stir by tweeting that he was purchasing English football club Manchester United. Later, the Tesla billionaire tweeted again, informing his followers that it was a joke. Early Wednesday, Musk tweeted about his political affiliations and then added in a second tweet: "Also, I'm buying Manchester United ur welcome." The […]
British retailer Ted Baker has agreed a £211 million takeover deal by Authentic Brands Group (ABG), the US owner of Reebok and Juicy Couture. Ted Baker’s shareholders were told by the company’s board that they have recommended a 110p per share deal. If the deal is confirmed, it will be worth nearly one-third less than […]
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