Elon Musk is now the world’s fifth richest man after his net worth hit $74 billion Monday afternoon thanks to Tesla’s ongoing stock rally. Shares in the company, founded by Musk, 49, hit $1,643.00 – a 300 per cent increase since January 2020 and up 60 per cent since the end of June. Tesla is now worth … Read more
Britain’s £221billion consumer debt pile shrank by nearly £7.5billion in April, the largest fall ever recorded by the Bank of England. As households cut their spending during the coronavirus lockdown, the amount households they borrowed slumped to £11.8billion, almost half of the figure for February. Although the amount households paid back also dropped, the spending … Read more
Britons pay £7.4bn off loans and credit cards in one month as spending falls during lockdown By James Salmon for the Daily Mail Published: 22:30 BST, 2 June 2020 | Updated: 23:20 BST, 2 June 2020 Nervous households took advantage of the lockdown to pay off a record £7.4billion in loans and credit card debt … Read more