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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…
Swedish workers trial friendship hour to combat loneliness
Maddy SavageBusiness reporter, Kalmar, Sweden BBC Pharmacy worker Yasmine Lindberg admits that she had been struggling with loneliness Staff at a major Swedish pharmacy chain are being given paid time off to spend with friends, as Sweden’s government calls on businesses to help play a role in tackling loneliness. Yasmine Lindberg, 45, is one of…
No 10 denies Reeves misled public in run up to Budget
Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
Federal court blocks Trump from sacking Lisa Cook
US President Donald Trump cannot oust Federal Reserve governor Lisa Cook from her role, a federal appeals court has ruled. The 2-1 ruling on Monday is a blow to Trump as it means Cook can now stay in place for the Fed’s policy meeting on Tuesday and Wednesday, where it is expected to cut US…
Hackers delete data stolen in nursery cyber-attack after backlash
Hackers who attempted to extort a nursery chain by posting stolen images and data about children on the darknet have removed the posts and claim to have deleted the information. The criminals began posting profiles of the children to their website last Thursday, adding another 10 children days later and vowing to continue until Kido…
50,000 new apprenticeships promised in youth employment push
The government has launched an expansion of youth apprenticeships to 50,000 places over the next three years, in an effort to tackle unemployment among young people. Sir Keir Starmer said he was “on a mission” to boost training schemes, as he met apprentices at car manufacturer McLaren in Woking, the day after driver Lando Norris…
