Business & Finance

Get insights on markets, investing, personal finance tips, and the latest economic developments.

EY becomes the first Big Four accountant to appoint a female chief exec

By Daily Mail City & Finance Reporter Updated: 22:13 GMT, 15 November 2023 Landmark appointment: Janet Truncale (pictured) will take over at the helm at [...]

Stocks rally and pound slumps after inflation falls by most since 1992

By John-Paul Ford Rojas Updated: 22:12 GMT, 15 November 2023 The pound fell and the FTSE 100 rose yesterday after a bigger than expected drop [...]

More than 1,300 jobs at risk at UK’s biggest train factory

By Leah Montebello Updated: 22:12 GMT, 15 November 2023 More than 1,300 jobs could be axed at the UK’s largest train factory amid a shortage [...]

Pub group Fuller’s set for a merry Christmas as workers flock back to the office

By Daily Mail City & Finance Reporter Updated: 22:12 GMT, 15 November 2023 British pub group Fuller’s is set for a cheery Christmas as workers [...]

North-South divide opens up in the housing market as property prices are hit by higher borrowing costs

By Daily Mail City & Finance Reporter Updated: 22:12 GMT, 15 November 2023 A North-South divide has emerged in the housing market as property prices [...]

Fears for thousands of small firms as business rate bills are set to skyrocket

By Daily Mail City & Finance Reporter Updated: 22:11 GMT, 15 November 2023 Rates squeeze: Firms are facing a ‘skyrocketing’ bill in April when a [...]

Low spirits at drinks giant Diageo after profit warning sends shares crashing

By Daily Mail City & Finance Reporter Updated: 22:10 GMT, 15 November 2023 Sales slump: Diageo boss Debra CrewDiageo boss Debra Crew admitted it is [...]

Warren Buffett’s investment firm is holding a record £126bn in cash

By Leah Montebello Updated: 22:09 GMT, 15 November 2023 The investment giant run by Warren Buffett is holding a record £126billion in cash as he [...]

Ex-Sky boss to join Reckitt as chairman retires

Current Reckitt chairman Chris Sinclair has held the position for five yearsDarroch is set to become chair after Reckitt's next annual general meetingReckitt said Sir [...]

Iceland energy bills jump by ‘unprecedented’ £94m

Iceland Foods sees a £94m increase in energy costs in the year to 24 MarchThe increase frustrated cost-cutting efforts across the business over the periodIt [...]

Charities being ‘debanked’: Regulators blast banks for ‘suddenly closing’ accounts

UK charity regulators hit out at high street banks for 'debanking' charities Charities could be driven to rely on 'unsafe banking practices' as a result Has your [...]

Speedy Hire joint venture to offer hydrogen-powered generators

The joint venture has committed to an initial £2m order of H-Power generators Speedy Hire shares have fallen by around 14% in the last 12 months  By [...]

Experian profits surge on bumper North America demand

The data analytics firm is one of the UK's three major credit reference agenciesExperian's pre-tax profits jumped by 48% in the six months ending September Turnover [...]

BUSINESS LIVE: Inflation slows to 4.6%; Experian profits jump; SSE boosts infrastructure investment

LIVEBy Live Commentary Updated: 07:45 GMT, 15 November 2023 Consumer price inflation slowed to 4.6 per cent in the year to October, lower than forecasts [...]

Thai investors take control of Selfridges as co-owner faces financial crisis

By Emily Hawkins Updated: 23:39 GMT, 14 November 2023 Selfridges’ Thai investor is set to take control of the department store as its Austrian co-owner [...]

Body Shop sold to private equity in £207m deal

By Daily Mail City & Finance Updated: 23:37 GMT, 14 November 2023 The Body Shop  has been bought by Lloyds Pharmacy-owner Aurelius for £207mThe Body [...]

Glencore to buy coal arm of Canadian rival Teck Resources in £5.6bn deal

By Calum Muirhead Updated: 23:36 GMT, 14 November 2023 Glencore has set the clock running on the break-up of its business after signing a multi-billion [...]

Blow to AstraZeneca as lung cancer drug Imfinzi fails key clinical trial

By Daily Mail City & Finance Reporter Updated: 23:36 GMT, 14 November 2023 Trial: AstraZeneca's cancer drug Imfinzi has failed a key clinical trialAstraZeneca suffered [...]

Asda pays off £200m of its debt pile – but it still owes £4.6bn

By Daily Mail City & Finance Reporter Updated: 23:32 GMT, 14 November 2023 Asda said it had repaid the loan facility that it borrowed to [...]

Water firms to be forced to pay £70m to customers for failing to meet targets

By Jane Denton Updated: 22:27 GMT, 14 November 2023 Water companies will be forced to pay out a net total of £70 million to customers [...]

Just 19 of best 50 easy-access savings accounts don’t have catches

By Toby Walne Updated: 22:25 GMT, 14 November 2023 Savers find it increasingly hard to pick an instant-access savings account without strings attached, according to [...]

More than half of UK adults struggling to keep track of subscription fees

By Lucy Evans Updated: 22:18 GMT, 14 November 2023 More than half of UK adults struggle to keep track of subscription fees and find costs [...]

DEAN DUNHAM: My neighbour blocks my drive when he parks his car… Can I take him to court?

By Dean Dunham Updated: 22:00 GMT, 14 November 2023 My neighbour parks his car on the road blocking my drive, so I often have to [...]

BUSNESS LIVE: US inflation slows; BT slashes pension deficit; Vodafone profits slump

LIVEBy Live Commentary Updated: 17:10 GMT, 14 November 2023 The FTSE 100 closed up 14.64 points at 7440.47. Among the companies with reports and trading updates [...]

Rizla-maker Imperial Brands eyes steady growth as vape investment weighs

Imperial Brands revealed adjusted operating profits increased by 3.8% last yearMeanwhile, reported operating profits jumped by more than a quarter to £3.4bnBy Harry Wise Updated: [...]

Are we about to get an Isa boost in the Autumn Statement? LUNCH MONEY

By This Is Money Updated: 13:04 GMT, 14 November 2023 Rumours are rife that the Autumn Statement could bring a surprise boost for savers and [...]

Revolution Beauty swings to a profit and boosts guidance

Revolution Beauty are up this year despite turmoil after FCA probe  UK sales growth of 14% in the first half driven by Boots and Superdrug revenues  By [...]

Demand for office space in the City of London office bounces back

By Jessica Clark Updated: 22:15 GMT, 13 November 2023 Demand for office space in the City of London has bounced back as employers seek high-quality [...]

Heathrow is world’s 4th busiest airport after a bumper half-term

By Daily Mail City & Finance Reporter Updated: 22:14 GMT, 13 November 2023 Take-off: Some 7 million passengers travelled through Heathrow Airport last month - up [...]

Ryanair boss Michael O’Leary leads race to be Europe’s first €100m aviation chief

By Leah Montebello Updated: 22:13 GMT, 13 November 2023 The race to become Europe’s first €100million (£87million) aviation chief is heating up.And Ryanair boss Michael [...]

EU regulators approve GSK’s bone cancer drug momelotinib

By City & Finance Reporter for the Daily Mail Updated: 22:12 GMT, 13 November 2023 Shot in the arm: GSK boss Emma WalmsleyEuropean watchdogs have [...]

Retail crime wave blights the High Street: Two in five workers face abuse weekly

By Emily Hawkins Updated: 22:09 GMT, 13 November 2023 Two in five retail workers face abuse from customers on a weekly basis, research has shown.A [...]

Graduates outside capital in jobs that don’t need college degrees

By Jessica Clark Updated: 22:06 GMT, 13 November 2023 More than four in 10 university graduates living outside of London have jobs that do not [...]

UK interest rates ‘to be cut in May next year’, says Morgan Stanley

By John-Paul Ford Rojas Updated: 22:01 GMT, 13 November 2023 UK interest rates will be cut as soon as May and fall to 4.25 per [...]

Shake-up of the NSI act would leave UK vulnerable, politicians warn

By Jessica Clark Updated: 22:00 GMT, 13 November 2023 A global coalition of politicians has warned a shake-up of national security takeover rules could leave the [...]

Klarna financing product changed amid technical issues which affected some customer credit scores

By Emily Jane Davies Updated: 18:21 GMT, 13 November 2023 The 'buy now, pay later' app Klarna has made changes to its financing product used [...]