Sky Business News

Elon Musk has again been prevented from becoming even richer by a US court which blocked his $56bn (£44bn) pay package despite company shareholders approving the sum.

It is one of the most popular times of the year to propose - according to Bridebook, a popular wedding planning app, more than 100,000 engagements happen during the festive period.

A mining group in which the financier Nick Candy is the largest shareholder is poised to swoop on a London-listed gold explorer to create an enlarged group worth more than £150m.

It was hailed as an AI assistant that can go to meetings for you – and soon it could be used to help MPs carry out their mounting workload.

People from all parts of the UK, representing all age groups including a significant majority of Labour voters, believe the rate of inflation will increase in the next year across a range of categories, from bills and shopping to going out.

HSBC Holdings, one of Britain's biggest high street banks and Europe's largest lender by market value, is preparing to kick off a hunt for its next chairman.

Former Harry Potter star Rupert Grint has been ordered to pay £1.8m in tax.

The BBC licence fee will increase in line with inflation each year until 2027, the government has announced.

The owner of the UK's largest natural gas storage site has warned of depleted stocks by the end of winter due to early cold weather and a lack of wind power.

The owner of Britain's best-known spa hotel has called in bankers to help explore strategic options on the eve of its centenary.

A British insurance company which covers contractors when they undertake work in multiple countries has raised more than £3.5m in funding to help accelerate its expansion.

Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, as its battle against inflation continues to drag on longer than hoped.

Qatar's leading state-backed fund will on Friday confirm the purchase of a large minority stake in the Audi Formula One (F1) team, marking the latest major global sporting investment by a sovereign investor.

Leading investors in Wefox, the troubled European insurance company, are engineering a €150m (£125m) refinancing to avert the need to sell one of its most valuable remaining assets.

Marks & Spencer (M&S) and the owner of B&Q have expressed an interest in taking over dozens of stores operated by Homebase, the DIY chain which fell into administration this month.

Direct Line, the UK insurer, has seen its share price surge by more than a third after it rejected a takeover offer from larger rival Aviva.

UK car production has slowed, according to industry figures, in the latest sign of a struggling sector.

A UK pension scheme has been branded "deeply irresponsible" after investing in Bitcoin.

The City watchdog is to give companies it is investigating an additional window to contest allegations as it seeks to defuse the months-long row over its so-called 'name and shame' proposals.

The government will look into rules on the number of electric vehicles carmakers must produce each year, Rachel Reeves has said.