Business & Finance

Wickes Group suffers DIY dip after software issues

Like-for-like DIFM (Do It For Me) down by 4.4% in third quarter However core like-for-like sales grew for the third quarter by 1.1%By Daniel Fessahaye Updated: 11:36 [...]

Currys to offload Greek retail after strategic review

Currys has agreed to sell Kotsovlos to Public Power Corporation for £175mFounded in 1950, Kotsovolos operates 95 stores across Greece and CyprusProceeds from the sale [...]

Weight-loss drug boosts pharma firm Novo Nordisk

Group's appetite-suppressing anti-obesity injection wegovy provides boost By Daily Mail City & Finance Reporter Updated: 09:53 GMT, 3 November 2023 The maker of a weight-loss drug vowed [...]

Instem bosses’ windfall as takeover squeaks through

Instem was sold in a £203m buyout strongly opposed by major shareholders By Jessica Clark Updated: 09:47 GMT, 3 November 2023 The bosses of British life [...]

Shell shareholders land £20bn share buyback and dividend bonanza

By Jessica Clark Updated: 02:01 GMT, 3 November 2023 Shell will hand its investors almost £20billion this year in a share buyback and dividend bonanza [...]

Trainline ups ticket sales expectations after strong first half

Trainline predicts net ticket sales rising by 17-22% in the current financial year The London-based firm has continued to benefit from the recovery in rail travelDomestic [...]

Why did the Bank of England hold interest rates – and is this the peak? LUNCH MONEY

By This Is Money Updated: 12:45 GMT, 2 November 2023 The Bank of England held base rate today, pausing its aggressive run rate hikes for [...]

BT Group profits inch higher thanks to cost cutting efforts

BT's pre-tax profits soared by 29% in the six months ending 30 SeptemberIt also revealed turnover grew by 3% to £10.4bn on the back of [...]

The UK is a nation of middle earners as the number of workers in low-paid jobs falls to one in 10

More than a fifth of workers (21.3 per cent) were defined as low paid in 2010 By John-paul Ford Rojas Associate City Editor Updated: 09:31 GMT, 2 [...]

So much for an electric car revolution! The number of public chargers plunges across SIX counties in England

Figures from the Department for Transport also show a fall in Northern IrelandBy David Churchill Chief Political Correspondent Updated: 08:32 GMT, 2 November 2023 The [...]

BUSINESS LIVE: BoE expected to hold base rate; Shell lines-up $3.5bn buyback; Haleon suffers weaker US demand

LIVEBy Live Commentary Updated: 07:46 GMT, 2 November 2023 The Bank of England's Monetary Policy Committee will reveal the next steps for UK interest rates [...]

Hottest property markets revealed: Homes in Liverpool take just 17 DAYS to sell – half the typical average

Liverpool and Manchester homes selling the fastest, Zoopla data showsCheaper homes in demand while four-beds are taking longer to sell By Jane Denton Updated: 00:01 GMT, [...]

Sluggish summer fails to rattle Next as it posts fourth profit upgrade in six months

By Leah Montebello Updated: 22:21 GMT, 1 November 2023 Next has increased its full-year profit guidance for the fourth time in six months despite the [...]

Fed holds US interest rates at a 22-year high but door open for more hikes

By John-Paul Ford Rojas Updated: 22:19 GMT, 1 November 2023 America’s central bank last night held interest rates at a 22-year high but left the [...]

Struggling Asos forced to mothball £90m warehouse it opened just two years ago

By Emily Hawkins Updated: 22:01 GMT, 1 November 2023 Asos is mothballing a giant warehouse it opened just two years ago as sales slump and [...]

British life sciences firm Instem faces crunch vote on £203m private equity buyout

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 1 November 2023 The future of British life sciences firm Instem is in the balance [...]

Wework shares tumble 50% amid fears the office-sharing firm may file for bankruptcy

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 1 November 2023 Shares in Wework tumbled 50 per cent last night on reports the [...]

Red Bull gives you wings: Son of founder scoops £500m payout

By City & Finance Reporter for the Daily Mail Updated: 22:00 GMT, 1 November 2023 Red Bull heir Mark Mateschitz – known as Europe’s richest [...]

Tata pulls Port Talbot announcement at last minute leaving 3,000 steel jobs in limbo

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 1 November 2023 Around 3,000 steelworker jobs are in limbo after an announcement by Tata [...]

Aston Martin cuts production of its new DB12 sports car amid supply delays

By Leah Montebello Updated: 22:00 GMT, 1 November 2023 Aston Martin will make fewer cars than expected this year as production issues hamper its new [...]

US Fed set to hold fire again on interest rates today

Markets betting Fed funds rate will say at current 22-year high of 5.25-5.5%But Fed may not be done yet amid concerns about the strength of [...]

AstraZeneca to invest $245m in French biotech company Cellectis

The Anglo-Swedish firm has been granted exclusive rights to 25 genetic targets Cellectis founder: 'We believe AstraZeneca is the perfect match to Cellectis'By Harry Wise Updated: [...]

EV energy competition revs up as Ovo slashes prices of cheapest tariff – and says drivers pay just £189 a year

Energy firm Ovo has cut the price of its Charge Anytime add-on rateThe deal can only be used to charge up an electric vehicle and [...]

Premium Bond holder scoops £1m with a £5,050 holding from May 2000 – how does that compare to all of the 2023 jackpot winners so far?

By This Is Money Updated: 12:35 GMT, 1 November 2023 A Premium Bonds holder has scooped one of the two £1million November jackpot prizes with [...]

Vertu Motors seeks injunction as Companies House records falsely amended

Several board members shown to have resigned on official documents Vertu Motors says this is the work of a 'malicious actor' as it seeks injunction By Mike [...]

Asos sales could fall another 15% as online retailer continues to struggle

The online retailer has been trying to eliminate about £1.1bn of excess stock Asos saw its pre-tax losses climb more than nine-fold to £296.7m last yearIts [...]

Victory for the ‘Mondeo Man’: Value of Ford Mondeos soars along with Vauxhall Corsas and Renault Meganes as second-hand cars out-perform the stock market and the price of gold

By Katherine Lawton Updated: 08:42 GMT, 1 November 2023 The value of Ford Mondeos has soared along with Vauxhall Corsas and Renault Meganes - as second-hand [...]