Judge orders Elon Musk to turn over communications in suit over CEO’s $50BN pay package

Elon Musk and his lawyer friends have to turn over documents they shared among each other before Musk was awarded a $50billion-plus pay package as part of an ongoing lawsuit to find out who approved the the CEO’s big 2018 pay day.  Shareholders, represented by Richard Tornetta in court documents, accused Musk and Tesla’s board … Read more

Experts warn Boris Johnson’s wind farm plan could cost £50bn

Experts warn Boris Johnson’s pledge to use offshore wind farms to power every home in Britain by 2030 ‘could cost £50billion’ Boris Johnson pledged to power every UK home with offshore wind in 10 years But analysts suggested massive surge in offshore wind could cost £50 billion Critics also questioned whether the PM will actually … Read more

How £50bn of banknotes have ‘gone missing’

How £50BILLION of banknotes have ‘gone missing’: Fortune in unaccounted cash is not being used in transactions or stashed in savings, new figures reveal Banknotes worth £50billion have gone missing in circulation, according to the National Audit Office  The NAO said it could be held overseas or  in savings that haven’t been declared  The report on cash comes as … Read more

How £50bn of banknotes have ‘gone missing’

How £50BILLION of banknotes have ‘gone missing’: Fortune in unaccounted cash is not being used in transactions or stashed in savings, new figures reveal Banknotes worth £50billion have gone missing in circulation, according to the National Audit Office  The NAO said it could be held overseas or  in savings that haven’t been declared  The report on cash comes as … Read more

Britain faces a tsunami of insolvencies amid £50bn cash-flow crisis

Britain faces a tsunami of insolvencies: £50bn cash-flow crisis set to push firms over brink and spark a fresh wave of job losses, Bank of England warns By James Salmon for the Daily Mail Published: 21:51 BST, 6 August 2020 | Updated: 21:51 BST, 6 August 2020 Britain’s most vulnerable firms are facing a £50billion … Read more

Coronavirus business crisis loans near £50bn

Almost £50bn of Government-backed loans to businesses hit by coronavirus approved so far – fuelling fears taxpayer could be saddled with huge bill if money is not repaid in full By Daily Mail City & Finance Reporter Published: 00:22 BST, 29 July 2020 | Updated: 00:22 BST, 29 July 2020 Almost £50billion of Government-backed loans … Read more

MARKET REPORT: Trade jitters and corona fears wipe £50bn off FTSE 

Almost £50billion was wiped off the FTSE 100 after a toxic cocktail of coronavirus fears and rising trade tensions triggered a sell-off. Bourses around the world slipped into the red as the World Health Organisation forecast worldwide cases could hit 10m within the next week. In Europe, France’s Cac 40 and Germany’s Dax fell by … Read more