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OnlyFans, a subscription-based site known for its adult content, has paid out £1bn to its Ukrainian-born owner, Leonid Radvinsky, since he took over the company six years ago. The British platform's parent company, Phoenix…

Labour's plan to reform the tax system on foreigners could cost the UK government up to £1bn as wealthy individuals flee the country, a report by Oxford Economics has warned. The proposed reforms, which will come into effect from…

Google has announced a billion-dollar investment in a UK data centre in a move hailed by the government as a “huge vote of confidence in Britain”. The data centre, which will be built on a 33-acre site in Hertfordshire, will power…

Cristiano Ronaldo, the Portuguese and former Manchester United footballer, is facing a lawsuit seeking “a sum exceeding” $1 billion over his promotion of Binance, the world’s largest cryptocurrency exchange. A filing in a US district…

© Reuters. Capital A Bhd, the Malaysian corporation, is planning a Nasdaq listing for its AirAsia brand royalty and aircraft leasing units through a merger with Aetherium Acquisition Corp (GMFI), a special purpose acquisition…

MG Motors has said it is in a “very strong position to take advantage” of the shift to electric cars as it posted UK sales worth more than £1bn for 2022. The brand, owned by Chinese company SAIC Motor Corp, said its sales volumes more…

UK app developers are suing Apple for £1 billion (£785m) over App Store fees. Professor Sean Innes, of the University of East Anglia's Center for Competition Policy, is filing a class-action lawsuit on behalf of 1,566 app creators over…

Get free UK infrastructure updatesWe will send you a file myFT Daily Digest Rounding email to the latest infrastructure in the United KingdomNews every morning. The water regulator said on Tuesday that Thames Water needs billions of…

The announcement by the government today, which claims it is leveraging post-Brexit freedoms to remove unnecessary red tape and regulatory burdens that could save employers more than £1bn, was slammed by the UK's leading union, Unite.…

Natwest beat earnings expectations for the first three months of this year. NatWest Group, which includes the Royal Bank of Scotland and Ulster Bank, reported a pre-tax profit of £1.8 billion in the three months to March 31. The total…