Smart Parents Rich Kids, Author at Smart Parents Rich Kids

Heathrow welcomes record passengers as third runway plans take flight

Heathrow has revealed a record 83.9 million passengers passed through its four terminals last year, a 6 per cent increase on the previous period, boosting its pre-tax profits by nearly a third to £917 million in 2024. The update arrives just weeks after Chancellor Rachel Reeves confirmed government support for a third runway, describing the project as “badly needed” to ...

Why is crypto down? Bitcoin slips below $90,000 as market confidence falters

Bitcoin’s post-election surge has lost its footing, dragging the benchmark cryptocurrency below $90,000 on Tuesday—its lowest level since 18 November. Over the course of the day, bitcoin fell by as much as 7.5 per cent before recouping some losses, ultimately trading around $86,481 by lunchtime in New York. Global investors have turned away from riskier assets amid signs of a ...

Chancellor warned of £8bn shortfall as electric cars prompt rethink of fuel duty

Rachel Reeves is facing warnings about an impending £8 billion gap in Treasury revenues within five years, as Britain’s shift to electric vehicles undercuts fuel duty receipts. The Government’s independent advisers on climate change (the Climate Change Committee, or CCC) have piled pressure on Ms Reeves to consider new tax measures—potentially including a ‘pay-per-mile’ system—to replace falling proceeds from petrol ...

Tesla shares slip below $1tn valuation as European sales slump by nearly half

Tesla’s market value has dipped below the $1 trillion mark for the first time since November 2024, after fresh data showed its sales in Europe and the UK fell by almost 50 per cent in January. The decline stands in stark contrast to a 34 per cent rise in European electric car registrations overall, according to industry group Acea. Analysts ...