Mike Ashley has vowed to take House of Fraser further upmarket with luxury brands and concierge services for shoppers.

The Informa boss, says Sky News, has been approached about the position and according to a ‘friend’ he might be persuaded to take the job. Like it’s somehow beneath him.

Tesla’s board of directors has hired multiple outside law firms, and a number of board members and Tesla employees have urged Mr. Musk to stop posting on Twitter.

The price of bitcoin dipped below $6,000 as digital currencies went into the red. Meanwhile, social network Facebook has bought interactive video firm Vidpresso.

Two in three pension schemes in the UK are in the red, according to the latest industry figures.

A special committee set up by Tesla to examine Elon Musk’s plans to take the company private says it has yet to receive an offer.

The onus is on you to find out if you have been short-changed by trawling through notices in branches, adverts in newspapers, lists of rates on websites, or by ringing a helpline.

The top easy-access account remains at 1.31 per cent from Paragon Bank or 1.4 per cent from Coventry BS for those willing to limit the number of withdrawals to earn a better rate.

How much longer can Philip Hammond ignore the plight of the thousands of savers stuck with small pension annuities they do not want or need?

Each week, Money Mail rounds up some of the week's personal finance news. Here, it updates on rising rents and £169million worth of old £1 coins still in circulation, among other stories.