Donald Trump appoints Elon Musk to cut government costs

World Business Report

Donald Trump has picked Tesla and SpaceX founder Elon Musk and biotech investor Vivek Ramaswamy to lead a new "Department of Government Efficiency" that will focus on cutting costs in the US administration. But is there much to cut? We find out. The US-president elect has still to name a Treasury Secretary, and there are two names that are being suggested by his aides and advisers: Scott Bessent and Howard Lutnik. We hear more about them. India has given birth to some of the world's most innovative start-up companies in recent years. Our correspondent in that country tells us how they're targeting rural areas. And despite the fall in toy sales in the UK, there is a new type of customer who is gaining ground: adults. We look into the increasing number of grown-up customers buying toys.