Image copyright Morgan Image caption The Morgan Plus Six has just been unveiled British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority shareholding, with …
Automobili Pininfarina’s Battista “hypercar” is the fastest road legal car ever – and it’s electric. Chief executive Michael Perschke talks to the BBC’s Theo Leggett about why the company built the £2m battery-powered machine. Read Russell Hotten’s feature about the Battista here. Source by [author_name]
Image copyright Getty Images The UK’s competition watchdog is preparing for another round of legal action against ticket reseller Viagogo. The Competition and Markets Authority (CMA) says the site is still not complying with consumer protection rules, as backed by a court order. The Competition and Markets Authority (CMA) took Viagogo to court last year …
Image copyright Getty Images Image caption Facebook’s share price fall has cut Mark Zuckerberg’s wealth Facebook founder Mark Zuckerberg’s wealth has shrunk by $8.7bn (£6.6bn) in the past year, according to the latest billionaires’ list compiled by Forbes. His shares in Facebook at one point lost a third of their value as the company battled …
Media playback is unsupported on your device Media captionToyota Europe boss in stark no-deal Brexit warning Car giants Toyota and BMW have both warned a no-deal Brexit threatens the production of their cars in the UK. The head of Toyota’s European operations said a negative outcome could put future investment at its UK factory near …
Image copyright Facebook/Quadriga Image caption QuadrigaCX founder Gerald Cotten died without passing on passwords for his laptop Efforts to recover millions in crypto-cash from the digital wallets of a man who died without revealing passwords to access them have hit a snag. The wallets have been found to be empty. The discovery was made by …
Toyota Motor Europe’s President and chief executive, Johan van Zyl, says a no-deal Brexit would make building new models at its Derbyshire plant at Burnaston “extremely complicated”. He warns if the situation were very bad the plant could also eventually run out of work. He adds that preparing for a potential no deal has been …
Image copyright Getty Images Image caption Mobile data costs vary considerably around the world A study into the amount people pay for mobile data has found that the UK has some of the most expensive prices in Europe. The research, from price comparison site Cable.co.uk, found that one gigabyte (GB) of data cost $0.26 (£0.20) …
Image copyright Getty Images Debenhams says it will not be able to meet the profits forecast it made just two months ago. In a trading update, the struggling chain said its forecast made on 10 January that it was on track to deliver profits in line with market expectations was “no longer valid”. It said …
Image copyright Getty Images Plans to cap the costs of buying domestic goods such as TVs and fridges through rent-to-own shops have been confirmed by the City watchdog. The Financial Conduct Authority (FCA) will limit the interest that customers pay to 100% of the amount borrowed. The move will save UK consumers up to £22.7m …