Here are the stories making the business headlines across the country this morning.
Body Shop's remaining stores rescued from administration
The Body Shop has been rescued from administration, in a deal that appears to secure the immediate future for 1,300 shop and office workers.
A consortium led by the British cosmetics tycoon Mike Jatania has acquired the ethical beauty brand's 113 UK stores which remain trading, for an undisclosed sum.
The specialist investment firm Auréa Group will also gain control of the Body Shop's assets in Australia and North America, in a deal which was finalised late on Friday.
Mr Jatania described the Body Shop as "a truly iconic brand" popular in over 70 markets around the world.
Telegraph bidders given new deadline as £100m Spectator sale looms
The remaining bidders for The Daily Telegraph have been given a deadline for revised bids for the right-leaning newspaper as its stablemate, The Spectator magazine, clinches a £100m sale to the hedge fund tycoon Sir Paul Marshall.
Sky News understands that RedBird IMI, the Abu Dhabi-backed entity which was thwarted in its efforts to buy the media titles by a change in ownership law, has asked at least three parties to table second-round offers on 27 September.
It comes after bidders began holding talks with Telegraph bosses last week about the company's business plan.
The remaining parties are understood to include Sir Paul and National World, the London-listed media group run by newspaper veteran David Montgomery.
Small firms behind 80% of tax evasion
Tax evasion by small businesses is costing billions of pounds every year, the public spending watchdog has warned.
Small companies can “easily exploit weaknesses in government systems”, according to a new report on tax evasion in the retail industry from the National Audit Office.
HM Revenue & Customs estimated that overall, £5.5bn was lost to deliberate tax evasion in the 2022-23 financial year, and 81% of this was caused by small businesses.
The overall tax gap — the difference between tax owed and paid, including errors — has been reduced from 7.4% in 2006 to 4.8% last year. However, the share of the gap attributed to small business has increased over the past five years, from 44% in 2018-19 to 60% in 2022-23.
Elon Musk on track to be the first trillionaire by 2027, according to report
Elon Musk is on track to become the world's first trillionaire by 2027, according to a new global wealth report.
Musk, 53, is currently the richest person in the world, with a net worth of $251bn (£191bn), according to Bloomberg's Billionaires Index.
However, according to Informa Connect Academy's findings, his wealth has been growing at an average rate of 110% a year.
It means that - providing his wealth continues to grow at the same rate - he could reach the trillionaire mark within the next three years, according to the findings.