Business & Finance | Express Digest

Elon Musk leads the packs as Oxfam predicts first trillionaire by 2034

By John-Paul Ford Rojas Updated: 09:59 GMT, 16 January 2024 The world could have its first trillionaire within a decade as the gap between the [...]

Ex-Tesco boss Dave Lewis joins Morrisons private equity owner

By Daily Mail City & Finance Updated: 09:27 GMT, 16 January 2024 Morrisons' private equity owner has hired former Unilever and Tesco boss Sir Dave Lewis [...]

This January will be ‘hardest yet’ for our finances says 84% of Britons

Nationwide poll shows 84% expect this to be worst January financially on record More expected to seek financial advice this year, building society says Third of its customers [...]

Audioboom returns to revenue growth as advertising outlook improves

Revenue has grown by 37 per cent from last quarter to $19.2m (£15.1m)However overall revenue for 2023 still down to $65m (£51m) from 2022's $74.9mBy Daniel [...]

Major bank launches £125 current account switching bonus with extra £60 cashback

TSB is the latest bank to launch a switching bonus - £125 is on offer It comes with a double cashback offer of up to £90 [...]

PageGroup profits suffer amid hiring slowdown as UK revenues slump

UK firms are deferring hiring decisions while candidates turn cautious on offers By Mike Sheen Updated: 10:49 GMT, 15 January 2024 PageGroup profits are set to [...]

How new sat-nav alert systems will help you dodge traffic jams and road works

Regulations require traffic authorities to ensure all Traffic Orders are uploadedBy Anna Mikhailova Updated: 08:25 GMT, 15 January 2024 As any driver will tell you, [...]

Car damage caused by potholes hit a five year high in 2023 with the AA receiving 632,000 calls to vehicles hit by road defects, figures show

By Daily Mail Reporter Updated: 08:10 GMT, 15 January 2024 The AA said it received 632,000 call outs to vehicles damaged by road defects last [...]

House prices will RISE 3% in 2024, says property firm as it backtracks on prediction of 4% fall

Estate agent Knight Frank said only three months ago that prices would fall 4%Widespread mortgage rate cuts have led to a turnaround on that forecastMore [...]

Recruitment falls to decade low but bosses see reasons for cheer

By Jessica Clark Updated: 21:50 GMT, 14 January 2024 Recruitment slumped to a decade low in December and is expected to fall further this year.Research [...]

Start-up bank backed by Lord Mandelson raises £25m

By City & Finance Reporter Updated: 21:50 GMT, 14 January 2024 On board: Lord Mandelson is the Bank of London's deputy chairmanA start-up bank backed by Lord Mandelson [...]

Advances in artificial intelligence risk sparking a public backlash

Twice as many people believe AI 'being poorly managed' as take a positive viewMinisters want UK to become a global centre for its development People in [...]

The UK needs a plan to remain competitive in the creative industries in 2024

By Cécile Frot-coutaz, Head Of Sky Studios Updated: 15:12 GMT, 14 January 2024 Now is a pivotal time for the UK to remain competitive in [...]

Move fast to grab best fixed rate deals, savers warned

By Toby Walne Updated: 22:01 GMT, 13 January 2024 One in four people with cash savings is now putting money into fixed rate accounts, according [...]

CITY WHISPERS: Blundering bosses told – Pirc up your performance

By Francesca Washtell Updated: 21:54 GMT, 13 January 2024 Just a fortnight into 2024 and it has already been an impressively awful year for corporate [...]

MIDAS SHARE TIPS UPDATE: Mining firm Amaroq Minerals proves its mettle

By Joanne Hart Updated: 21:52 GMT, 13 January 2024 Greenland is one of the largest countries in the world – twice the size of Britain, [...]

Sweaty Betty hit by £5m loss as sportswear sales start to sag

By Francesca Washtell Updated: 21:51 GMT, 13 January 2024 Drop in sales: Sweaty Betty is best known for its expensive yoga and running leggings which [...]

Fears over homes target as blue-chip builders fall short

By Francesca Washtell Updated: 21:51 GMT, 13 January 2024 The number of new homes completed by stock-market listed housebuilders is set to fall below 70,000 [...]

Bahrain on hunt for deals as it gears up for big bet on Britain

By Calum Muirhead In Bahrain Updated: 21:51 GMT, 13 January 2024 Bahrain is planning to plough more cash into the UK through a series of [...]

Upbeat GSK chief to invest £200m in Britain

By Calum Muirhead Updated: 21:50 GMT, 13 January 2024 Optimistic: Emma Walmsley says the UK is 'uniquely placed'GSK will plough hundreds of millions of pounds [...]

Now Virgin Money scraps passbook savings accounts

By Patrick Tooher Updated: 21:50 GMT, 13 January 2024 Virgin Money has become the latest lender to scrap popular passbook savings accounts as banks continue [...]

Profits in the slow lane at WeBuyAnyCar

By Francesca Washtell Updated: 21:50 GMT, 13 January 2024 Profits at WeBuyAnyCar almost halved after a boom in demand for used cars fizzled out, the [...]

I spent £850 getting my then unborn son’s nursery place – but couldn’t get a refund when plans changed

By Jane Denton Updated: 06:00 GMT, 13 January 2024 A couple have been left £850 out of pocket after securing a nursery place for their [...]

RAY MASSEY: Motor manufacturers betting on artificial intelligence

By Ray Massey Motoring Editor Updated: 21:56 GMT, 12 January 2024 Gambling on future trends, technologies and fashions has long been central to motor manufacturers' [...]

MARKET REPORT: Defence stocks fired up after crisis in Red Sea

Defence stocks rose after UK and US military forces launched air strikes against the Yemen rebels responsible for attacks on ships in the Red Sea.Over [...]

London’s stock market boosted as two companies reveal plans to float

By Jessica Clark Updated: 21:51 GMT, 12 January 2024 London's stock market was boosted yesterday as two companies revealed plans to float.London Tunnels and Kazakhstani [...]

Citi to slash 20,000 jobs by 2026 after £1.4bn loss

By John-Paul Ford Rojas Updated: 21:50 GMT, 12 January 2024 Citigroup has announced plans to cut 20,000 jobs over the next two years under a [...]

INVESTING EXPLAINED: What you need to know about KIDs – Key Information Documents

By City & Finance Reporter Updated: 21:50 GMT, 12 January 2024 In this series, we bust the jargon and explain a popular investing term or [...]

Asda accused of ‘misleading’ MPs over board

By Patrick Tooher Updated: 21:50 GMT, 12 January 2024 Asda has been forced to explain to MPs who sits on its board after a union [...]

SHARE OF THE WEEK: Analysts expect 888 to report pre-tax profit of £26m for full year

By City & Finance Reporter Updated: 21:50 GMT, 12 January 2024 All eyes turn to gambling stocks next week with 888 reporting on Wednesday.Analysts are [...]

Warpaint posts bumper sales as demand for its lipsticks and eyeshadow soar

By City & Finance Reporter Updated: 21:50 GMT, 12 January 2024 Warpaint has posted bumper sales as demand for its lipsticks and eyeshadow soar.The British [...]

Finance boss quits Metro Bank after turbulent year for lender

By Leah Montebello Updated: 21:50 GMT, 12 January 2024 The finance boss of troubled Metro Bank has made a shock exit after a turbulent 12 [...]

Should you stick cash in Premium Bonds, a savings account or invest? This is Money podcast

By This Is Money Updated: 19:13 GMT, 12 January 2024 After a good year for Premium Bonds when the only way was up for the [...]

BUSINESS LIVE: UK GDP up 0.3%; Burberry cuts profit target; Vistry cheers easing of mortgage rates

By Live Commentary Updated: 14:13 GMT, 12 January 2024 The British economy expanded by 0.3 per cent in November, surpassing forecasts of 0.2 per cent [...]

More than 9,200 M&S workers to receive bumper share payouts

By Helen Kirrane and PA Media Updated: 13:50 GMT, 12 January 2024 More than 9,200 Marks & Spencer employees are set to receive bumper share [...]

Plot to turn WWII blitz tunnels into tourist attraction seeks London stock market listing

London Tunnels plans to float shares with fundraising target of up to £123m By Angharad Carrick Updated: 10:08 GMT, 12 January 2024 A company planning to [...]