RAIL fares are set to shoot up by an average of 3.1 per cent in England and Wales from TODAY, and by 2.2 per cent in Scotland, but there are some ways you can still bag a bargain. As prices increase, some commuters will face an annual rise of £280, but some simple tricks could mean you don't have to pay a fortune. The price hike is set to affect regulated fares, which includes most annual season tickets, some off-peak return tickets on long-distance journeys and flexible anytime tickets around major cities. We've rounded up some of the ways you can save money on your rail fare as prices rise in the new year.Book in advance Network Rail releases its timetable 12 weeks in advance, so ticket firms usually make their fares available at this time. The earlier you book, the less you'll pay for your seat so don't hang about if you know you're going to be travelling over the next few months. You can use National Rail's future travel chart, which shoes the furthest advance date that you … [Read more...] about How to get cheap train tickets as prices rise TODAY
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Elon Musk has Tweeted: "This is incorrect" after the Financial Times reported that outgoing Twenty-First Century Fox chief executive James Murdoch was the lead candidate to replace him as Tesla chairman. Tesla has until November 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Mr Musk and US regulators after Mr Musk tweeted in August that he had secured funding to take the electric car maker private. Aussie James Murdoch in line to replace Elon Musk at Tesla - report Elon Musk resigns as Tesla chairman Elon Musk accused of fraud over Tesla tweets The SEC settlement capped months of debate and some investor calls for stronger oversight of Mr Musk, whose recent erratic public behaviour raised concerns about his ability to steer the money-losing company through a rocky phase of growth. The US Securities and Exchange Commission, which said Mr Musk's tweeted statements about going private were fraudulent, allowed the billionaire to … [Read more...] about James Murdoch Tesla tilt incorrect
Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators after Musk tweeted in August that he had secured funding to take the electric car maker private. The SEC settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behavior raised concerns about his ability to steer the money-losing company through a rocky phase of growth. The U.S. Securities and Exchange Commission, which said Musk's tweeted statements about going private were fraudulent, allowed the billionaire to retain his role as CEO while requiring he give up his chairmanship. Musk had said he was considering taking Tesla private at a price of $420 a share, a number that is slang for marijuana. He tweeted the three-word denial of the Financial Times story, on Wednesday at 4:20 pm PT (2320 GMT), about six hours after the newspaper's post. In a vote of confidence for Musk, … [Read more...] about ‘This is incorrect’
By Giles Turner, Dinesh Nair and Eric NewcomerUber Technologies is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to sources.A bid for London-based Deliveroo, last valued at more than $2bn (€1.7bn), would mark a major attempt by Uber to dominate the food-delivery business in Europe.An acquisition price is unknown. Any offer would need to be considerably above its latest valuation.The talks could fall apart, in part because Deliveroo and its investors have been reluctant to relinquish independence, sources said.Spokesmen at Deliveroo and Uber declined to comment.Although little-known in the crowded US market, which it has avoided, Deliveroo is ubiquitous in Europe’s capitals.The service is available in more than 200 cities on four continents.Shares in rival food delivery companies dropped yesterday. FTSE 100 company Just Eat dropped as much as 9% in early trading before closing down 34p, or 4.8%, at 674p.Uber chief executive Dara … [Read more...] about Uber opens talks to acquire food delivery firm Deliveroo
Not long ago, a brash entrepreneur whose once-beloved consumer brand had fallen on hard times announced a plan to take his company private. Completing the transaction—the purchase of Dell Inc. for $25 billion by Michael Dell and Silver Lake Management LLC—required countless meetings with special committees, activist shareholders, investment banks, management consultants, and at least four law firms. There were competing offers to consider, and a lawsuit from Carl Icahn to contend with. It took Dell six months just to announce the deal and another nine to close it in 2013.On Aug. 7, Elon Musk, the chief executive officer of Tesla Inc., appeared to pull off the same trick with a single tweet: “Am considering taking Tesla private at $420. Funding Secured.” A buyout of Tesla at that price—almost 25 percent above where the stock was trading—would make the deal worth $82 billion. That’s more, after adjusting for inflation, than the record-setting … [Read more...] about Where’s the Money Coming From, Elon?