Tesla races past Toyota to become world’s most valuable car company

Tesla has raced past Toyota to become the world’s most valuable car company. In a sign of the times, the electric car maker’s value yesterday rose by almost 4 per cent to £165.4billon. That made it more valuable than its much bigger Japanese rival, which is worth £162.7billion, and came as Tesla celebrates the tenth … Read more

Invidior drugs firm boss Shaun Thaxter faces jail over opioid scandal

British drugs boss faces jail over opioid scandal: Indivior chief exec pleads guilty just a day after quitting firm By Matt Oliver For The Daily Mail Published: 21:51 BST, 1 July 2020 | Updated: 21:52 BST, 1 July 2020 A British drugs boss is facing jail in a major prosecution related to the US opioid … Read more

Bentley’s refreshed Bentayga SUV thinks its a jacked-up sports car

Bentley’s best-selling Bentayga luxury 4X4 has been given a significant make-over and upgrade to make it look and feel even more dynamic following feedback from its wealthy customers. Priced from £146,700 – an increase of £7,100 – first deliveries are from July. Bentley bosses have given the revamped Bentayga a more ‘dynamic’ fresh look front … Read more

Banks will soon start charging nearly 40% for overdrafts again

The city regulator today effectively gave the green light to banks to reintroduce overdraft rates of nearly 40 per cent within weeks, despite the coronavirus pandemic potentially leaving millions struggling financially. The Financial Conduct Authority announced it would not launch an investigation into overdraft changes announced by banks, nor would it require lenders to continue … Read more

Volvo recalls 170,000 UK cars due to ‘extremely rare’ seatbelt fault

Volvo recalls 170,000 UK cars due to ‘extremely rare’ seatbelt fault By Rob Hull For Thisismoney.co.uk Published: 10:31 BST, 1 July 2020 | Updated: 13:00 BST, 1 July 2020  Volvo Cars has confirmed it is recalling 2.2 million vehicles worldwide due to an ‘extremely rare’ seatbelt safety issue, which impacts almost 170,000 UK cars. The … Read more

Saver scoops £1m Premium Bonds jackpot with May investment

Now that’s a lockdown investment! Saver scoops £1m Premium Bond jackpot with May purchase as £4.5bn worth are snapped up in three months The Tyne and Wear saver secured a 4,900% return on a £20,000 punt in May  It was the first draw their investment was eligible to win prizes in Figures from NS&I suggest … Read more

Should you put all your pensions in one pot? 

Thousands of savers have used their time in lockdown to get their old pension pots working for them again. Pension platforms have reported a rise in people taking control of how their savings are invested. Interactive Investor recorded a 44 per cent increase in savers transferring retirement money into its self-invested personal pension (Sipp) this … Read more