IlluMyFi

Funding from property firms raises questions over loopholes in political finance rules

A secretive group that donated £130,000 to Labour and claimed to be “merely a platform for people” is in fact funded by property developers, the Observer can reveal.

The firm behind a £200m project to build a skyscraper in Birmingham and three other developers are behind the West Midlands Breakfast Club, which gave money to Labour in February.

Sentiment

Bearish/Bullish

08.01.25 12:01

by theguardian.com

Rolls-Royce to invest £300m in expansion of Goodwood factory

Luxury carmaker driven to meet demand for bespoke upgrades, after recording third-highest annual sales in 2024

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024.

The investment will extend the luxury carmaker’s manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world’s richest people.

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