Business & Finance | Express Digest

Britain’s wealth managers on the ropes as their own shares plummet

By Patrick Tooher Updated: 21:53 BST, 28 October 2023 They are supposed to be in the business of making money for their clients, but Britain's [...]

One in five motorists hit by parking fines in a year

By Lucy Evans Updated: 21:52 GMT, 28 October 2023 British motorists have been hit with parking fines of almost £850 million in the past year, [...]

Worried savers put weddings and holidays on hold

By Adele Cooke Updated: 21:52 GMT, 28 October 2023 Millions of us are having to cut back to make ends meet this year. But many [...]

Come clean on scale of debanking, FCA urged

By Patrick Tooher Updated: 21:52 BST, 28 October 2023 Scandal: Former NatWest boss Alison RoseA complete list of UK bank account closures must be made public [...]

Retail boss lashes out at criticism of Oxford Street

By Emily Hawkins Updated: 21:52 BST, 28 October 2023 Oxford Street is being unfairly stigmatised by a 'misleading' and 'undermining' narrative, a leading retail boss [...]

Evri, UK’s ‘worst courier’, fails to deliver on profits

By Calum Muirhead Updated: 21:51 BST, 28 October 2023 The delivery firm dubbed the 'worst' in Britain swung to a loss last year after it [...]

Marks & Spencer set to sell Jaeger in 20 more UK stores

By Emily Hawkins Updated: 21:51 BST, 28 October 2023 Stylish: The Jaeger label has a rich historyMarks & Spencer is opening outlets for its luxury clothing [...]

MIDAS SHARE TIPS UPDATE: Miner Shanta Gold’s prospects start to shine

By Joanne Hart Updated: 21:50 BST, 28 October 2023 The world's central banks own more than 35,000 tons of gold, collectively worth trillions of dollars.Many [...]

CITY WHISPERS: Labour council debt is a downer for THG’s Matt Moulding

By Calum Muirhead Updated: 21:50 BST, 28 October 2023 Moody's latest downgrade of Warrington Council will have been noted by Matt Moulding, the perma-tanned founder [...]

New China rules on graphite hit electric car industry

By Francesca Washtell Updated: 21:50 BST, 28 October 2023 The price of electric vehicles could shoot up after China threatened to curb exports of one [...]

SHARE OF THE WEEK: Next results to provide insight into its resilience against High Street’s woes

By City & Finance Reporter Updated: 21:52 BST, 27 October 2023 Next's third-quarter results on Wednesday will provide some insight into its resilience against the [...]

Wilko will return to the High Street before Christmas

By City & Finance Reporter Updated: 21:52 BST, 27 October 2023 Wilko will return to the High Street with the brand's new owner opening up [...]

Armenia launching charm offensive in City to attract UK investment

By Calum Muirhead Updated: 21:52 BST, 27 October 2023 Armenia is launching a charm offensive in the City to attract UK investment.The country's economy minister [...]

Euan Blair wields axe at education start-up Multiverse

By Leah Montebello Updated: 21:52 BST, 27 October 2023 Cutting back: Former PM Tony Blair's son EuanAn education start-up founded by the son of former [...]

INVESTING EXPLAINED: What you need to know about fund concentration

By City & Finance Reporter Updated: 21:50 BST, 27 October 2023 In this series, we bust the jargon and explain a popular investing term or [...]

Shares in Britain’s largest door and windows maker SafeStyle are suspended amid concerns over sale

Britain's biggest doors and windows maker has seen a slowdown in demand Safestyle UK saw pre-tax losses more than double to £6.7m in the first halfThe [...]

British Airways owner IAG sees 56% rise in profits as strong demand for flights helps it report a record quarter

Pre-tax profit rose year-to-year in the third quarter to €1.6bn (£1.4bn)This was up from just over €1bn (£879m)By Daniel Fessahaye Updated: 10:32 BST, 27 October [...]

NatWest shares plunge as it cuts profit forecasts

The lending giant saw its shares plummet by 9.2% to 186p on Friday morningNatWest cut the annual forecast on its net interest margin - a [...]

Half of savers now choose digital banks over high street giants as rate rises push them to unfamiliar names

34% of savers opened an account with a new provider in the last two years Of these, 55% ditched high street banks for digital banks Better interest [...]

Unilever to retreat from woke agenda

Hein Schumacher will stop 'force-fitting' social justice messaging onto brands He said brands taking political stances can be an 'unwelcome distraction' Some investors have urged Unilever to [...]

US economy grows at its fastest pace in two years

By Jessica Clark Updated: 22:13 BST, 26 October 2023 The US economy grew at its fastest pace in nearly two years in the third quarter [...]

Boohoo facing £100m slavery lawsuit

By City & Finance Reporter Updated: 21:57 BST, 26 October 2023 Boohoo is facing a £100m lawsuit from some investors amid allegations of modern slavery.The [...]

Hipgnosis future in doubt after investor snub

By Leah Montebello Updated: 21:57 BST, 26 October 2023 Star quality: Hipgnosis offers investors the chance to make money from the royalties of tracks by [...]

Very profits plunge by 90% amid soaring costs

By City & Finance Reporter Updated: 21:57 BST, 26 October 2023 Stylish: Very is promoted by actress Michelle KeeganAnnual profits at The Very Group plunged [...]

Foxtons property sales slump | Daily Mail Online

Sales revenue in third quarter was down by 17% to £9.9m Sales market volumes in the third quarter were also down by 23% By Daniel Fessahaye Updated: [...]

Pizza Express owner could make offer to buy The Restaurant Group

TRG told investors there was 'no certainty' of Wheel Topco making an offer Pizza Express is chaired by Allan Leighton, a former Wagamama chairmanA fortnight ago, [...]

WPP cuts outlook again as tech clients slash marketing spend

The firm now expected like-for-like growth for 2023 of 0.5-1.0 per centIn August, the group expected like-for-like revenue of 1.5 to 3 per centBy Daniel [...]

Heineken beer sales fall flat

Revenues tick 2% higher as a result of price hikes as volumes fall 4.2% By Money Mail Reporter Updated: 10:38 BST, 26 October 2023 Heineken says [...]

Aviation watchdog hikes NATS airline charges cap

The CAA said the decision will ensure NATS can invest in improving servicesNATS can increase average charges for airlines £47 to £64 per flight until [...]

Fresh blow as another fintech firm plummets

French payment giant Worldline plummets by more than half on Paris market By Mark Shapland Updated: 09:09 BST, 26 October 2023 The shock rippling through Europe's [...]

Two Hipgnosis directors quit ahead of crunch vote

Investors will vote on plans to offload assets and the 'continuation' of the trust By Money Mail Reporter Updated: 09:04 BST, 26 October 2023 Two directors [...]

Bankman-Fried to testify in FTX fraud trial

Sam Bankman-Fried, 31, faces life in prison if he is found guilty By Jessica Clark Updated: 08:57 BST, 26 October 2023 FTX crypto-currency exchange founder Sam [...]

Why the Ripple Network is Best for Businesses

The cryptocurrency industry is bigger than ever. The technology has come a long way in a relatively short span of time, and it continues to [...]

Binance cryptocurrency and to decide whether you should invest in BNB

To a certain degree, cryptocurrencies are just like any other investment option. Like stocks and shares, cryptocurrencies can be bought, sold, and traded on exchanges [...]

Navigating the Market for Wholesale Cosmetic Bags in the UK: Business Strategies for Success

The cosmetics industry is growing with innovations not only in the UK but globally. In this realm, wholesale cosmetic bags play an important role, functioning [...]

NatWest boss Alison Rose broke data laws in Farage scandal

By Jessica Clark Updated: 00:05 BST, 26 October 2023 Debanked: Nigel Farage triggered a furore after his Coutts account was shutFormer NatWest boss Dame Alison [...]