The Communication Workers Union (CWU), representing Royal Mail employees, has approved a three-year wage agreement, which will result in a 6% salary increase in 2023.
The IMF had to revise its prediction of a recession in the UK
The International Monetary Fund (IMF) has revised its previous assertion of a potential recession in the UK this year, raising the country’s growth forecasts for the second consecutive month.
Tesla Initiates Recall of Almost All Vehicles Sold in China Due to Brake Concerns
Tesla is set to address an acceleration system issue in nearly all cars it has sold in China, amounting to around 1.1 million electric vehicles produced at its Shanghai plant
The International Monetary Fund (IMF) has issued a warning that a banking crisis labeled as ‘severe’
According to the latest World Economic Outlook from the International Monetary Fund (IMF), the global economy is now in a precarious position, with the threat of a worldwide recession increasing.
Postal arm of Royal Mail is being considered for administration as a last resort by the company’s executives.
The executives of Royal Mail have reportedly considered the possibility of placing their struggling postal business into administration due to an ongoing dispute with the Communication Workers Union (CWU).
According to a report, the Covid business scheme has only been able to recover 1% of the £1.1bn that was lost.
The National Audit Office has released a report stating that the government’s Covid business support programme in England has only recovered 1% of the estimated £1.1bn lost due to fraud
Tweet: Elon Musk “not guilty” of fraud following Tesla sale
In a fraud trial, Elon Musk was cleared of any liability for investors’ losses. He falsely claimed that he had obtained funding for a private Tesla buyout.
Tesla’s Elon Musk lost $140m to Bitcoin in 2022
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.
Musk defends himself in Tesla tweet trial for three hours
Elon Musk spent three more hours in the witness box, defending himself against a class action lawsuit. The lawsuit alleges that he misled Tesla shareholders by tweeting that he had
Price of used Teslas drops £5,000 as EV’s interest wanes
The price of used Teslas has fallen £5,000 over the last three months due to falling petrol and diesel prices. This is due to a slowdown in electric vehicle demand.
Tesla reduces prices by a record £8k in battle against sales slowdown
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.