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Elon Musk’s Push for Affordable Tesla Models Proves Costly as Company Takes a Hit

Tesla’s stock prices have taken a hit following the release of its second quarter earnings, which showed a 45% decline in profits and a warning that cost reduction targets were off[…]

New regulations require banks to ensure access to cash from September onwards

The Financial Conduct Authority (FCA) has announced new rules to ensure continued access to cash for consumers and businesses. The decision comes as a report reveals that despite a decline in[…]

Moody’s downgrades Thames Water debt to junk, raising possibility of nationalisation

Thames Water, the UK’s largest water provider, is facing increased financial difficulties as Moody’s, a leading credit ratings agency, has downgraded its debt to “junk” status. The downgrade comes as Thames[…]