Business & Finance | Express Digest

Should you fix your mortgage as rates are slashed? LUNCH MONEY

Watch our latest Lunch Money video on mortgages and savings as rates fallPlus after the December surge, why are stock markets getting the jitters? By This [...]

Shoe Zone bolstered by strong back-to-school demand

Shoe Zone saw revenues rise by 6.1% to £165.7m in the year ending SeptemberStore sales grew by £5m despite the group closing more outlets than [...]

Pothole insurance claims soar 40% in a year to hit record high

Insurance group Admiral logged more pothole damage claims than ever in 2023Not only is the number of cars damaged rising, but so is the average [...]

B&M to hand out a special dividend after healthy Christmas performance

The discount retailer said it would hand investors a 20p per share dividend B&M's UK sales grew by 3.7% to £1.35bn in the 13 weeks ending 23 [...]

Games Workshop posts ‘record’ profit and revenue growth

Revenue grew to £247.7m, for 26 weeks to 26 November 2023Operating profit rose to £94.5m over the same periodBy Daniel Fessahaye Updated: 10:02 GMT, 9 [...]

BUSINESS LIVE: B&M enjoys strong Christmas; Hays issues profit warning; GSK to acquire Aiolos Bio

By This Is Money Updated: 08:09 GMT, 9 January 2024 Among the companies with reports and trading updates today are B&M, Hays, GSK, Games Workshop, [...]

Uplift at trading firm CMC Markets gives Tory peer Lord Cruddas £40m windfall

By John-Paul Ford Rojas Updated: 22:01 GMT, 8 January 2024 Shares in two City trading firms surged yesterday after a pick-up in activity at the [...]

Barclays axed 5,000 jobs in 2023 as bank cuts cost in bid to boost profits

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 8 January 2024 Cuts: Barclays slashed around 5,000 jobs in 2023Barclays slashed around 5,000 jobs in [...]

Pamela Anderson adds sparkle to Pandora as jewellery sales receive a 12% boost

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 8 January 2024 Sales star: Pandora has hired Former Baywatch star Anderson (pictured) to promote [...]

Boost for BAE as Germans finally give the green light to £5bn Saudi Typhoon jet deal

By John-Paul Ford Rojas Updated: 22:01 GMT, 8 January 2024 Germany has dropped its opposition to the sale of Eurofighter Typhoon jets to Saudi Arabia, [...]

Shell loses £3.5bn as it seeks to quit Singapore but gas earnings soar

By Jessica Clark Updated: 22:00 GMT, 8 January 2024 Shell will take a hit of up to £3.5billion on its business in Singapore but said [...]

Channel 4 to cut 200 jobs amid advertising slowdown

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 8 January 2024 Digital future: Channel 4 chief exec Alex Mahon (pictured)Channel 4 plans to [...]

BT confirms start date for new boss Allison Kirby amid full fibre broadband push

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 8 January 2024 New BT boss Allison Kirkby (pictured) will take up the top position from [...]

CMO Group shares dive following earnings warning

Shares in the building materials supplier fell by 12.7% to 24p by early afternoon The firm now anticipates reporting adjusted earnings before nasties of c.£1mTrading has [...]

HMRC sends thousands of ‘nudge’ letters to crypto traders suspected of underpaying tax

By Angharad Carrick Updated: 13:20 GMT, 8 January 2024 HMRC has stepped up pressure on cryptocurrency speculators it suspects have underpaid tax on their assets.The [...]

EDF, Octopus and Scottish Power are allowed to force-fit prepayment meters from today

Three energy firms can now fit 'pay as you go' meters without customer consent Regulator Ofgem has warned energy firms to tread carefully with meter fittingBy [...]

Shell flags up to $4.5bn in new impairment costs

Shell enjoyed a relatively bumper 2023 thanks to higher oil and gas pricesThe firm warned that it expects to declare up to $4.5bn of impairment [...]

YouGov acquires analytics company as US growth continues

The deal, which was for an undisclosed fee, will extend its data capabilitiesBy Daniel Fessahaye Updated: 10:31 GMT, 8 January 2024 YouGov has acquired US-based [...]

Pensioner wins 14-month energy bill battle that saw her charged TWICE

Retiree Susan Lansley says she inherited a bill from her flat's previous occupantBut her struggle to get the £471 energy bill struck off took more [...]

Private buyers slam the brakes on electric cars as sales slump – down to just a quarter of new purchases

Individuals bought 71,984 of the vehicles last year, in 2022 it was 88,910 Latest setback in the push to achieve 'net zero' carbon emissions by 2050By [...]

Box office hit Barbie is biggest film release for home entertainment

By City & Finance Reporter Updated: 00:05 GMT, 8 January 2024 It was a smash hit at the box office – and Barbie was also [...]

Almost 120,000 retail workers lost their jobs last year as High Street was hit by collapses of stores

By City & Finance Reporter Updated: 00:05 GMT, 8 January 2024 Almost 120,000 retail workers lost their jobs last year as the High Street was [...]

Business leaders are increasingly optimistic about Britain’s prospects for 2024, survey finds

Surveys find business leaders believe the coming year will be better than 2023Make UK and PwC find manufacturers believe the UK is now more competitive Deloitte [...]

Grocers set to deliver bumper festive results

Some of Britain's biggest stores set to publish festive trading figures Marks & Spencer is tipped to have had a stellar Christmas Supermarket giants are also expected [...]

TONY HETHERINGTON: Number plate firm Click4Reg took eight months to shell out my £150

'President': Richard MaudeOfficers from the Serious Fraud Team at Essex Police have closed down their investigation into allegations against foreign exchange investment firm CashFX and its [...]

MIDAS SHARE TIPS UPDATE: Billions of Coke cans help pour profit for Porvair

By Joanne Hart Updated: 21:52 GMT, 6 January 2024 Drinking to success: Aluminium cans are made using filters from PorvairMore than 280 billion aluminium cans are [...]

ROXi deals are music to ears of TV viewers

By Francesca Washtell Updated: 21:51 GMT, 6 January 2024 Backer: Superstar Kylie MinogueA British music streaming service backed by Kylie Minogue, Simon Cowell and veteran private [...]

Books to breeze: Amazon invests in Scottish wind farm

By Calum Muirhead Updated: 21:51 GMT, 6 January 2024 Multifaceted tech giant Amazon is about to unveil a major investment in one of Britain's biggest [...]

CAA Mining’s listing is nugget for London Stock Exchange

By Francesca Washtell Updated: 21:50 GMT, 6 January 2024 A mining firm focused on Ghana is planning to list on the London Stock Exchange's junior [...]

£32m car salesman revs up through his Stoneacre Motor Group

By Francesca Washtell Updated: 21:50 GMT, 6 January 2024 A motor mechanic who rose to become one of the richest car salesmen in the UK [...]

Baby brand Mamas & Papas grows on High Street

By Patrick Tooher Updated: 21:50 GMT, 6 January 2024 Mamas & Papas plans to open up to ten more concessions in Next and Marks & [...]

Court blow for investors in Hideaways fees battle

By Calum Muirhead Updated: 21:50 GMT, 6 January 2024 Members of a holiday homes group must continue to pay fees even if they do not [...]

CITY WHISPERS: Will BrewDog movie be a Horrible Bosses sequel?

By Calum Muirhead Updated: 21:50 GMT, 6 January 2024 BrewDog co-founder James Watt popped up on LinkedIn last week to announce that the story of [...]

UK’s future is bright as anti-Brexit firms such as Nissan ‘just get on with it’

Andy Haldane: 'Very, very optimistic' about the UK's futureMajor companies shrug off challenges of leaving EU and invest billionsBut Haldane warns higher interest rates are [...]

Ithaca Energy boss steps down as shares flounder

By Leah Montebello Updated: 21:54 GMT, 5 January 2024 Ithaca Energy's boss has stepped down as it tries to bounce back from a disappointing year.The [...]

Rolex raises prices in UK as it anticipates a slowing demand for luxury goods

By City & Finance Reporter Updated: 21:50 GMT, 5 January 2024 Stylish: Rolex is favoured by the likes of Victoria BeckhamRolex has raised prices in the [...]