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

All posts in: Business & Finance

LVMH moves owner’s son Alexandre Arnault to top drinks role in latest nepotism row

By EMILY HAWKINS Updated: 22:05 GMT, 14 November 2024 Luxury tycoon Bernard Arnault has promoted his 32-year-old son to a senior role in his fashion-to-drinks e... read more

Some households wait SIX months for energy supplier to fix broken smart meter

Many energy firms are struggling to get smart meters working as intended By SAM BARKER Updated: 12:25 GMT, 14 November 2024 Around 2.6 million households have a... read more

Young’s says Reeves’ Budget will cost the group an extra £11m a year

Young’s sold 850,000 pints during seven England Euro’s football matches   By JANE DENTON Updated: 10:11 GMT, 14 November 2024 The boss of Young... read more

United Utilities revenues on track to hit £2bn after water bill hikes

United Utilities reported its half-year turnover increased by 10.9% to £1.1bn The company’s underlying operating profits jumped by 23.8% to £335.7m  By... read more

One-bedroom townhouse moments from Trafalgar Square on sale for £10m

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. Quic... read more

Mike Ashley and Boohoo set for a festive showdown as struggling fast fashion firm taps investors for £39m

By EMILY HAWKINS Updated: 22:02 GMT, 13 November 2024 Boohoo is facing a showdown with Mike Ashley days before Christmas, it was disclosed last night.  Ashley,... read more

FCA lifeline for providers in car finance scandal: Watchdog extends deadline for firms to respond to complaints

By CALUM MUIRHEAD Updated: 22:02 GMT, 13 November 2024 Britain’s financial watchdog is set to extend the deadline for car finance providers to respond to comp... read more

M&S edges past Waitrose in battle for middle class shoppers to hold 4% of the grocery market

By EMILY HAWKINS Updated: 22:02 GMT, 13 November 2024 Sparkle: Marks & Spencer is hoping its Christmas advertising campaign will help boost sales Marks &... read more

Trump’s election win is ‘good news’ for Britain’s defence industry, says Babcock boss

By CALUM MUIRHEAD Updated: 22:02 GMT, 13 November 2024 The new Trump administration could be ‘good news’ for Britain’s defence industry as the incoming US... read more

Buy Now, Pay Later giant Klarna files for New York listing as it struggles with rising interest rates

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:02 GMT, 13 November 2024 US listing: Klarna said it had filed confidential paperwork with the Securities a... read more

Barclays increases mortgage rates by up to 0.6% as lenders rush to hike home loan costs

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. Quic... read more

Investigative Report: How Workplace Mediation is Transforming Small Business in Perth

In small businesses across Perth, conflict in the workplace has become a persistent challenge. Studies show that managers spend around 20% of their workweek—a... read more

Dowlais shares climb as group shrugs off volume decline

The FTSE 250 firm’s shares climbed by 14% in early trading on Wednesday  Dowlais reported its adjusted revenue shrank by 6.1% year-on-year to £4.2bn  B... read more

Wilko owner The Range nears deal to buy Homebase outlets

Sky also said that Teneo was looking to find buyers for another 50 stores A sale would end Homebase’s ownership by turnaround specialist Hilco Capital ... read more

Smiths Group upgrades guidance as installation sales soar

Smiths Group now anticipates its organic sales grow by 5-7% this financial year  It also expects operating profit margins to increase by 40 to 60 basis pointsÂ... read more

Major bank becomes sixth high street lender to increase mortgage rates this week

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. Quic... read more

Supermarket sales growth slows as troubled Asda lags peers

Asda remained the industry laggard, with sales down 3.5%, NIQ said  By JANE DENTON Updated: 10:48 GMT, 13 November 2024 Grocery sales growth slowed over the la... read more

New cheapest energy deal from EDF could save households £109 on bills

 New fixed rate undercuts the Ofgem price cap, offering a significant bill saving By SAM BARKER Updated: 09:14 GMT, 13 November 2024 EDF has launched the cheap... read more

Just Eat sells Grubhub for just $650m after US sales slump

Group says value reflects changes to New York City’s delivery fee cap rules   By MIKE SHEEN Updated: 08:52 GMT, 13 November 2024 Just Eat has agreed the... read more

Women set to receive a retirement income of £12,000 a year compared with £17,000 on average for men

By MONEY MAIL REPORTER FOR THE DAILY MAIL Updated: 22:21 GMT, 12 November 2024 Women approaching retirement are on track to receive an income of just £12,000 a... read more

Bitcoin surges to another record amid Trump bump trading frenzy

By JOHN-PAUL FORD ROJAS Updated: 22:17 GMT, 12 November 2024 Bitcoin surged close to $90,000 yesterday as it hit record highs in the wake of Donald Trump’s US... read more

Crisis at Asda deepens as sales slump ahead of the crucial Christmas trading period

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:16 GMT, 12 November 2024 Sales slump: Asda boss Lord Stuart Rose Asda’s share of the grocery market has ... read more

Car insurance premiums nudge lower… but are still up 40% in two years

 Typical driver now pays £612 a year for car insurance, according to the ABI By SAM BARKER Updated: 16:24 GMT, 12 November 2024 Car insurance premiums fell 2 ... read more

Hospitality shares hit by Budget tax hikes

JD Wetherspoon and Marston’s shares have both fallen by at least 10% From April 2025, employers will pay a national insurance rate of 15% By HARRY WISE Up... read more