UK faces biggest hit to growth from Iran war of major economies, IMF says

Andre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock – a common trade-off at start-ups as a hiring incentive. Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) – and the 63-year-old says he’s…

The government is looking at ways to financially support the companies in Jaguar Land Rover’s (JLR) supply chain. JLR halted car production at the end of August after a cyber attack forced it to shut down its IT networks. Its factories remain suspended until next month at the earliest. Fears are growing that some suppliers,…

In years gone by, most people would get a bank account early in their adult life and stick with it for decades. Competition now sees banks try to win over new customers by offering cash to switch – but only if you use their current account as your main account. Many people have been put…

The late owner of streaming platform OnlyFans was paid more than $700m (£513m) in dividends before his death from cancer earlier this year. Fenix International Ltd, the British company that owns OnlyFans, made $714m in profit before tax last year, it said in its annual report. This is an increase of 5% from 2024. The…