
BYD pulls ahead of Tesla as it surpasses $100bn in EV revenues
Chinese electric vehicle giant BYD has overtaken Tesla in global EV revenues, reporting over $100bn in annual sales. As BYD ramps up in Europe, Tesla faces…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Chinese electric vehicle giant BYD has overtaken Tesla in global EV revenues, reporting over $100bn in annual sales. As BYD ramps up in Europe, Tesla faces…

Genetic testing firm 23andMe has filed for bankruptcy, with its CEO stepping down to bid for the business. A major data breach and collapsing revenues have…

Donald Trump’s renewed steel tariffs could affect over £2.7bn of UK exports to the US, including high-value sectors like aerospace, agriculture and luxury manufacturing.

The UK’s life sciences sector is missing out on £15bn annually due to declining global competitiveness, falling exports and clinical trials, according to a new report…

Uber has extended its partnership with Bubble to offer 20 hours of free childcare annually to over 100,000 UK drivers, helping parents earn flexibly while easing…

New inheritance tax caps on business and agricultural relief could lead to 200,000 job losses and a £14bn hit to the UK economy, warns Family Business…

UK consumer confidence rose slightly in March, according to GfK, but remains well below average as households grapple with high interest rates and ongoing economic uncertainty.

Chancellor Rachel Reeves will announce £1.5bn in civil service cuts as part of wider plans to reduce Whitehall spending and restore fiscal headroom. Key frontline services…

Ofcom says the UK is on track to deliver full-fibre broadband to 96% of premises by 2027. The regulator’s latest review focuses on stable regulation, competition,…

The BBC, ITV, BT and IMG have been fined a combined £4.2 million after admitting to colluding on pay rates for freelance sports broadcasting staff, following…

UK public borrowing has overshot forecasts by £20.4bn, reaching £132.2bn with one month left in the tax year. With the Spring Statement approaching, pressure mounts on…

HMRC inheritance tax receipts hit £7bn in just ten months, with record revenues expected by year-end.

Farming families are increasingly turning to pre-nup and post-nup agreements to protect their assets following inheritance tax reforms. Discover how legal planning can safeguard farmland and…

UK high streets saw 35 shop closures a day in 2024, but PwC data shows signs of recovery as new store openings increase.

A landmark tribunal ruling could save UK families six-figure sums in inheritance tax by overturning HMRC’s challenge to historic ‘home loan’ tax schemes. Find out what…