Tesla charges ahead to overtake Ford in market value

Elon Musk’s electric car company has been valued at $49bn, leaving the 100-year-old motor manufacturer lagging behind

World gets thirst for British gin as exports hit record of nearly £500m

Foreign sales of spirit outperform those of British beef, with the US the biggest overseas market

Former home of PMs and 007s named UK’s most expensive street

Lloyds research reveals every region has at least one street where average house price is more than £1m

The year of gin! Spirit enjoys record sales as drinking habits change

About 40m bottles were sold over the past 12 months – enough to make 1.12bn gin and tonics – as Spain and US become key markets

Londoners back limit on skyscrapers as fears for capital’s skyline grow

With more than 400 high-rises planned, major survey shows residents want numbers curbed

Burberry’s Christopher Bailey makes way for new CEO

Céline’s Marco Gobbetti to take over with Bailey staying on as creative director after protests over dual role