Elon Musk has criticised US President Donald Trump's tax and spending bill, calling it "outrageous" and a "disgusting abomination".

One of Britain's top corporate troubleshooters is being lined up to spearhead a multibillion pound rescue of Thames Water after the company's preferred bidder walked away.

Sir Christopher Evans, the renowned British biotech entrepreneur, is close to landing $50m (£37m) in funding for a developer of a new portfolio of cancer treatments.

As an independent review sets out a vision for cleaning up the water industry, a real-world example of why the sector is in such deep trouble floats into view.

The Chinese owner of British Steel has hired a leading City law firm to explore the recovery of hundreds of millions of pounds it invested in the Scunthorpe-based company before the government seized control of its operations in April.

The investment giant lined up to rescue Thames Water abandoned its offer days after talks took place involving one of its co-founders and Downing Street officials.

The private equity firm that had been the frontrunner to lead a rescue of the UK's largest water provider - Thames Water - has pulled out.

"Interlocking failures" in the water sector across England and Wales can be fixed through fundamental reform in five key areas, according to a major interim report.

The chancellor and foreign secretary are threatening to take Roman Abramovich to court to seize the proceeds of his Chelsea FC sale.

A former BT Group chief is being lined up to steer an audio technology business used by many of the world's leading musicians through a £300m London flotation.

NatWest Group has picked a new head of its high street branch network in the lender's first significant appointment since ending its 17-year tenure in partial taxpayer ownership.

Sky News is launching a brand new free Money Newsletter - bringing the kind of content you enjoy in the Money blog directly to your inbox.

The private equity giant EQT Partners is exploring an offer to buy the promoter of the World Rally Championship (WRC) as an auction valuing the business at close to £500m finally gets off the starting grid.

Tide, the business banking services platform, is in advanced talks to raise new funding in a deal expected to make it Britain's latest technology unicorn.

The number of couples deciding to get a prenup is increasing, with one law firm telling Money it has seen requests double in the last year. 

Ministers are to kick off the hunt for a new chair of the communications regulator as Lord Grade of Yarmouth prepares to bow out after a single term at the helm.

Glastonbury ticket holders have been left thousands of pounds out of pocket after a luxury glamping company went bust.

The name Elon Musk is perhaps one of the most recognisable in the modern day.

Dame Elizabeth Corley, the chair of asset management giant Schroders, is joining the board of London Stock Exchange Group (LSEG) - a move which puts her in a strong position to take the helm there in the coming years.

A federal appeals court has ruled that Donald Trump's sweeping international tariffs can remain in place for now, a day after three judges ruled the president exceeded his authority.