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Tesla plans to pay Musk $1tn – do they really need him that much?
Lucy HookerBusiness reporter Getty Images A great leader is a huge asset for company, of course, but can anyone be worth $1 trillion? That is the pay packet Tesla shareholders have approved for Elon Musk, as long as he meets the targets they have set over the next 10 years. In the meantime he won’t…
Security staff to go on strike at Aberdeen Airport
Security staff at Aberdeen Airport have announced 14 days of strike action in a row over pay. The union said it was left with no option as negotiations with ICTS HBS Security, through the conciliation service Acas, failed to produce a breakthrough. The strikes, involving baggage screening staff, are set to begin on Monday. The…
Why this month’s inflation figure matters for you
Lucy HookerBusiness Reporter Getty Images The cost of living is always important to our finances, but this month what is happening to prices will have a particular extra impact for millions of people. The September inflation figure reflects what has been happening to prices over the past year, and will affect how far your money…
The financial winners and losers from the World Cup
The 16 host cities across the US, Canada and Mexico have been welcoming an influx of fans and tourists boosting hospitality, hotels and local businesses. But while the Scots drank Boston dry and have won the heart of the city and its people, experts say the long-term economic benefits are minimal. Fifa estimated some $41bn…
Senior Co-op staff complain of toxic culture at the top
A spokesman for the Co-op told the BBC: “Our culture, as a co-operative, ensured decision-making throughout has listened to views from leaders and colleagues across our food and wider business, whilst simultaneously acknowledging when a wide range of views are expressed, not everybody will always agree with the final decisions and actions taken.”
Why supermarket prices really became sky high in the UK
Faisal IslamEconomics editor BBC There has been more than a bitter twang in the glasses at British breakfast tables. Only five years ago, a typical supermarket own-label carton of orange juice could be bought for 76p for 1 litre. It now costs £1.79. That’s a rise of 134% since 2020, and it’s up 29% just…
