CEO News

Holidays to Britain’s golf courses are proving especially popular, with some top courses selling out not just for this year, but for 2023 too.  PerryGolf, for example, has almost sold out of 2023 spots to play the Old Course at St…

Facebook-owner Meta has reportedly halted the development of its smartwatch which was initially scheduled to be released in spring 2023. It had been in development for around two years.  Like other smartwatches, it would feature activity…

In May of this year, Elon Musk's electric vehicle company Tesla sold 32,165 China-produced vehicles, including 22,340 for export. This is according to the China Passenger Car Association.  In contrast, April of this year saw Tesla sell…

Former prime minister’s son Euan Blair is rapidly heading towards billionaire status after the tech business he founded six years ago was valued at £1.35 billion. Blair’s EdTech company Multiverse, which he co-founded in 2016 with friend…

After months of anticipation, Edinburgh’s latest luxury hotel, the Gleneagles Townhouse, is open to guests. Though the hotel only opened its doors at the beginning of the month, Condé Nast has already listed it as one of the most…

Rowe stepped down as the British retail giant’s CEO last month. While he will not receive a pay-off, he will continue to be employed as a consultant with pay of up to £843,000 for as long as a year after ceasing full-time employment for…

Tesla CEO Elon Musk has accused Twitter of committing a “material breach” of his $44 billion deal to buy the social media giant and has threatened to walk away from the deal altogether.  As part of a dispute over the number of fake…

In the UK, 70 companies are giving their 3,300 employees a three-day weekend from Monday. Though the employees won’t see any reduction in pay,  they are expected to maintain their typical levels of productivity.   The trial has been…

Retail giant B&M Bargains has promoted its chief financial officer Alex Russo to the role of chief executive following Simon Arora’s decision to step down. Russo, who joined B&M in October 2020, has previously held senior…

The Home Office announced that the Border Force agency’s agreement with P&O would now be terminated.  “In response to P&O Ferries’ unacceptable behaviour, Border Force has terminated its agreement with P&O to provide…

Tesla CEO Elon Musk has seen $46.4 billion wiped off of his net worth, according to the Bloomberg Billionaires Index. Meanwhile, Amazon founder Jeff Bezos is down $53.2 billion, and Microsoft co-founder Bill Gates has seen a $15.1 billion…

According to The Scotsman, the world’s largest bottle of whisky — a 311-litre bottle of Macallan single-malt Scotch — has sold for £1.1 million at a live auction overseen by Edinburgh-based auction house Lyon & Turnbull.  The 5ft…