Express Digest is a giant collection of the best News
and interesting links on the web!

All posts in: Business & Finance

High Street lenders must be better prepared for a financial crisis, Bank of England warns

By Jessica Clark Updated: 22:29 BST, 6 August 2024 High Street lenders must improve their crisis plans to prepare for a potential collapse, the Bank of England ... read more

Abrdn finance chief Jason Windsor poised to replace Stephen Bird as chief exec

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 5 August 2024 Abrdn finance chief Jason Windsor is poised to replace Stephen Bird as chief exec Ab... read more

Societe Generale sheds British and Swiss private bank arms for £770m

By Leah Montebello Updated: 22:01 BST, 5 August 2024 Societe Generale has dumped its British and Swiss private banking divisions for £770million as bosses cont... read more

Labour’s North Sea squeeze risks huge job losses, Serica Energy boss warns

By Leah Montebello Updated: 22:01 BST, 5 August 2024 The boss of Serica Energy has warned Labour’s North Sea oil policies could lead to huge job losses and en... read more

Tourism bosses call on Reeves to bring back VAT-free shopping and boost growth

By Emily Hawkins Updated: 22:01 BST, 5 August 2024 Tourism bosses have urged Rachel Reeves to bring back VAT-free shopping to boost the Treasury’s coffers. In... read more

Electric car sales set to miss a key Government target as demand slows

By John Abiona Updated: 22:01 BST, 5 August 2024 Sales of new electric cars will miss a key target this year. The Society of Motor Manufacturers and Traders (SM... read more

Mortgage rates fall after Bank of England cut: NatWest now offers cheapest five-year fix

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon as possible. What... read more

Wood Group suitor Sidara walks away from takeover talks due to growing ‘geopolitical risks’

Dubai-based Sidara submitted a 230 pence per share bid in late May  By Harry Wise Updated: 13:09 BST, 5 August 2024 Engineering company Sidara has pulled out o... read more

Lloyds Bank hires first ever AI director to integrate the tech into its business

London-listed bank hires Amazon Web Services executive Rohit Dhawan It has hired 1,500 data and tech specialists in 2024 so far  By Daniel Fessahaye Updated: 1... read more

Car insurance premiums start to FALL – but are still up 48% in two years

There is some limited good news for drivers as the average premium is falling But the 2% drop is a cold comfort, with prices still unaffordable for many By Sam ... read more

Clarkson increases dividend despite dip in half-year results

Revenue fell to £310.1m year-to-year for the six months ended 30 June Underlying profit before taxation down slightly to £53.1m from £51.5m By Daniel Fessah... read more

Nationwide launches dementia nurse clinics in more than 200 branches to help out its customers with health and financial advice

By Emily Hawkins City Reporter Updated: 00:49 BST, 5 August 2024 Nationwide is to offer dementia nurse clinics in more than 200 branches to help out its custome... read more

Top English winemakers toast to another sparkling year

By Angus Ritchie Updated: 21:50 BST, 4 August 2024 English winemakers have toasted another year of record sales. Sales of home-grown fizz at the top seven produ... read more

Pharma giant Novo Nordisk to reveal booming demand for its weight loss drugs Ozempic and Wegovy

By City & Finance Reporter Updated: 21:50 BST, 4 August 2024 Boost: Celebrity fans include actress Rebel Wilson Pharma giant Novo Nordisk will reveal the bo... read more

High Street chiefs: Levy reforms are the key to growth

Businesses are desperate for an overhaul  Money collected from the current levy ends up wasted Country faces shortages of workers By Emily Hawkins And John Abi... read more

The Best Ways to Send Money from the USA to India in 2024: A Guide for Savvy Senders

Sending money home to India from the USA? This guide breaks down the top methods for a USA-to-India money transfer, highlighting their pros and cons to help you... read more

Rolls-Royce boss: The UK must back this energy technology – or we will miss a trick again

By Francesca Washtell Updated: 14:32 BST, 4 August 2024 Rolls-Royce boss Tufan Erginbilgic says ministers must commit to small nuclear reactors The UK must beco... read more

High-flying BAE to snap up drone firms in defence boom

By Francesca Washtell Updated: 12:04 BST, 4 August 2024 BAE Systems is looking to buy more companies that design and make drones as geopolitical tensions worldw... read more

Male drivers take more risks while driving with a ‘sexy sounding’ sat nav, study finds

By Roger Dobson for The Mail on Sunday Updated: 08:13 BST, 4 August 2024 Sexy-sounding sat navs make men take more risks when driving, a new study has found. Wo... read more

Rolls-Royce staff rewarded with £700 each in shares

By Leah Montebello Updated: 21:50 BST, 2 August 2024 Boost: Boss ‘Turbo’ Tufan Erginbilgic Rolls-Royce is to hand £700 worth of shares to all staff... read more

Don’t hand pensions to private equity firms, warns Royal London

By John Abiona Updated: 21:50 BST, 2 August 2024 Ploughing savers’ money into British infrastructure and private equity risks undermining the primary role... read more

Revolut to be valued at £35bn as it readies to sell up to nearly £400m worth of shares

By City & Finance Reporter Updated: 21:50 BST, 2 August 2024 Exciting future: Revolut was set up by Nikolay Storonsky in 2015 Revolut is to be valued at £3... read more

Vitol to acquire Hong-Kong based Noble Group for $209m

By City & Finance Reporter Updated: 21:50 BST, 2 August 2024 Vitol is to acquire Hong-Kong based Noble Group for $209m (£163.3m). The world’s largest... read more

Capita shares slip as outsourcer’s strategy shake-up weighs on revenues

By Mike Sheen Updated: 13:54 BST, 2 August 2024 Capita shares fell after the group forecast a fall in annual revenues as it shifts away from contracts with smal... read more