Business & Finance

Shares in Tesla have surged on news that Elon Musk has snapped up stock worth more than $1bn (£741m), bolstering investor hopes the tycoon is committed to its recovery.

When it comes to the drugs industry, Britain is suffering withdrawal symptoms.

Aldi is to open 80 new shops over the next two years, as well as opening a new one every week until the end of the year, after sales hit a record high.

Blackstone, the private equity giant which owns stakes in Legoland and swathes of British real estate, will this week pledge to invest £100bn in UK assets over the next decade during President Trump's state visit.

The prime minister has hailed a new "golden age" of nuclear power as British and US companies announce five new commercial deals, ahead of the US president's state visit this week.

English football's new watchdog is convening its inaugural summit early next month despite being warned of a clash with the annual gathering of Europe's main clubs association.

Sky News has launched a free Money newsletter - bringing the kind of content you enjoy in the Money blog directly to your inbox.

A new drone factory will open in Swindon to help produce the uncrewed air systems the UK has sent to fight Russia in Ukraine, the government will announce today.

Rachel Reeves "should cut taxes to stimulate growth", Baroness Helena Morrissey has said, as she urged the chancellor to "think again" on hiking rates.

Lord Hammond, the former chancellor of the exchequer, is preparing to step down as chairman of Copper, the digital assets group, as it reorients its growth plans away from the UK to the US market.