Business

Tesla, Ryanair and Lloyds

On today's episode, Ian King reveals Tesla's plans to introduce new vehicle models before the second half of next year as Elon Musk's company reports…

Premier League toasts £40m deal with new beer partner Guinness

English football's top flight is toasting a £40m sponsorship deal with Guinness after the Diageo-owned brand saw off competition from Heineken.

Lloyds profits plunge following record year

Profits have plunged at Lloyds Banking Group in the wake of its record results last year.

Post Office scandal extends 'greatly beyond Horizon' - victims' lawyer

The post office scandal extends “greatly beyond” faulty Horizon software, according to a lawyer for victims.

Thames Water warns of even bigger surge in bills under new plans

The UK's biggest water company has put forward an investment offer that could increase customer bills even more than the 40% rise it already requested.…

Tesla to 'accelerate' release of new models as revenues find reverse gear

Tesla's quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric…

FTSE 100 record highs do not reflect a recovery for UK PLC - here's why

The FTSE 100 has hit a second all-time closing high in as many days.

Post Office boss Nick Read led 'campaign to defame and ostracise me', ex-HR director claims

A former HR director at the Post Office, whose misconduct claims against chief executive Nick Read were dismissed following an internal investigation,…

Post Office described IT bugs as 'exceptions' to make them sound 'non-emotive', inquiry told

Senior figures at the Post Office began describing computer bugs as "exceptions" as they grappled with mounting complaints from sub-postmasters about…

Getir investors to fund European exit with new cash injection

Investors in Getir, the grocery delivery app which at one point attained a valuation of almost £10bn, are to inject yet more money into the company…

Ian King Business Podcast: Primark, borrowing and FTSE highs

Associated British Foods, the parent company of Primark, says pre-tax half-year profits jumped by 37% in the six months to March.

Train drivers at 16 rail companies to strike next month

Train drivers at 16 rail companies will stage a series of fresh strikes next month in their long-running pay dispute, the Aslef union has announced.

'I owe them my life': Iceland boss praises paramedics after collapsing in London Marathon

Iceland's executive chairman has thanked paramedics who saved his life after he collapsed near the finish line of the London Marathon.

Government borrowing higher than forecast as doubts raised over pre-election tax cuts

Doubts have been raised over the government's ability to unveil tax cuts ahead of the next general election after official figures revealed borrowing…

Supermarket price war leads to fall in grocery inflation

Promotional offers by supermarkets were a major factor behind a further easing of grocery inflation over the past month, according to industry data.