Business & Finance | Express Digest

Tobacco firms see £1.4bn go up in smoke as Rishi announces plan to raise smoking age

Tobacco firms see £1.4bn go up in smoke as Rishi announces plan to raise smoking ageBy Leah Montebello Updated: 22:01 BST, 4 October 2023 Nearly [...]

FCA bosses on the backfoot as they are taken to task over fraud

FCA bosses on the backfoot as they are taken to task over fraudBy John-Paul Ford Rojas Updated: 22:01 BST, 4 October 2023 Bosses at the [...]

Car dealer Vertu backs petrol ban delay but says EV targets are ‘confusing’

Car dealer Vertu backs petrol ban delay but says EV targets are 'confusing'By Jessica Clark Updated: 22:00 BST, 4 October 2023 Car dealer Vertu Motors [...]

Hitachi’s swoop on Thales’ rail signalling business backed by regulator

Hitachi's swoop on Thales' rail signalling business backed by regulatorBy Daily Mail City & Finance Reporter Updated: 22:00 BST, 4 October 2023 Concession: Hitachi has [...]

Cannes Lions festival firm Ascential targeted by private equity-backed buyout giant

Cannes Lions festival firm Ascential targeted by private equity-backed buyout giantBy Daily Mail City & Finance Reporter Updated: 22:00 BST, 4 October 2023 Advertising festival: [...]

Spirent shares plummet by nearly a third following profit warning

Spirent shares plummet by nearly a third following profit warningSpirent shares were the biggest faller by some distance on the FTSE 250 IndexThe telecoms testing [...]

Vertu Motors hikes dividend as takeovers drive bumper first half

Vertu Motors hikes dividend as takeovers drive bumper first halfVertu reported revenue jumped by 21.1% to £2.42bn in the first half of the yearTrade benefited [...]

Stephen Welton to chair British Business Bank as Lord Smith of Kelvin steps down

Stephen Welton to chair British Business Bank as Lord Smith of Kelvin steps downBank helps provide access to financing for Britain's small businesses By Jane Denton [...]

WANdisco rebrands in ‘new start’ for software firm after fraud saga

WANdisco rebrands in 'new start' for software firm after fraud sagaShareholders voted overwhelmingly to approve the name change in AugustStephen Kelly, CEO of WANdisco, said [...]

Which? joins our call to end mid-contract mobile phone bill hikes

Which? joins our call to end mid-contract mobile phone bill hikesBy Rachel Rickard Straus Updated: 22:01 BST, 3 October 2023 Which? will call on the regulator [...]

Boohoo shares hit eight-year low as it slashes annual forecast

Boohoo shares hit eight-year low as it slashes annual forecastBy Daily Mail City & Finance Reporter Updated: 22:01 BST, 3 October 2023 Boohoo said it [...]

Poor credit rating can cost you as much as £270,000 over your lifetime

Poor credit rating can cost you as much as £270,000 over your lifetimeBy Money Mail Reporter For The Daily Mail Updated: 22:01 BST, 3 October [...]

Government borrowing costs soar amid Turmoil on global bond markets

Government borrowing costs soar amid Turmoil on global bond marketsBy John-Paul Ford Rojas Updated: 22:01 BST, 3 October 2023 Turmoil on global bond markets pushed government [...]

Poundland offers jobs to former Wilko workers as it reopens stores under its brand

Poundland offers jobs to former Wilko workers as it reopens stores under its brandBy Daily Mail City & Finance Reporter Updated: 22:01 BST, 3 October [...]

London in the doldrums as listings slump: City pins hopes on recovery in 2024

London in the doldrums as listings slump: City pins hopes on recovery in 2024By John-Paul Ford Rojas Updated: 22:01 BST, 3 October 2023 The City is [...]

Savers face a £500 hit if they don’t act now to lock into a new fixed-rate deal

Savers face a £500 hit if they don't act now to lock into a new fixed-rate dealBy Adele Cooke Updated: 22:00 BST, 3 October 2023 [...]

Investment giant chaired by former Bank of England boss Mark Carney snaps up UK windfarm developer

Investment giant chaired by former Bank of England boss Mark Carney snaps up UK windfarm developerBy Daily Mail City & Finance Reporter Updated: 22:00 BST, [...]

Safestyle UK shares tumble following warning on debts

Safestyle UK shares tumble following warning on debtsSafestyle UK shares have plummeted by more than 90% since late MarchThe firm's pre-tax losses jumped to £6.7m [...]

Petrofac wins $600m contract with UAE oil giant ADNOC

Petrofac wins $600m contract with UAE oil giant ADNOCADNOC has awarded the London-based energy services business a $600m deal The Habshan CCUS project is approximately 93 [...]

Firms using electronic monitoring on staff working from home must ‘respect their rights,’ ICO warns

Firms using electronic monitoring on staff working from home must 'respect their rights,' ICO warnsEmployee monitoring has boomed since the pandemic led to more WFH ICO [...]

AstraZeneca reaches £351m settlement over heartburn drug claims

AstraZeneca reaches £351m settlement over heartburn drug claimsThe settlement is regarding product liability litigations This related to acid-reflux medicine in Nexium and Prilosec By Daniel Fessahaye Updated: 11:59 BST, [...]

Tesla deliveries fall as electric car maker upgrades its factories

Tesla deliveries fall as electric car maker upgrades its factoriesBy Daily Mail City & Finance Reporter Updated: 22:01 BST, 2 October 2023 Tesla delivered fewer [...]

US car giant tables improved £397m offer for Pendragon’s UK motor and leasing business

US car giant tables improved £397m offer for Pendragon's UK motor and leasing businessBy Daily Mail City & Finance Reporter Updated: 22:01 BST, 2 October [...]

Peel Hunt seeing ‘encouraging signs’ of recovery as sales surge to £42.4m

Peel Hunt seeing 'encouraging signs' of recovery as sales surge to £42.4mBy Daily Mail City & Finance Reporter Updated: 22:01 BST, 2 October 2023 Green [...]

Pound falls as gloomy manufacturing data adds to recession fears

Pound falls as gloomy manufacturing data adds to recession fearsBy John-Paul Ford Rojas Updated: 22:01 BST, 2 October 2023 The pound fell to a near [...]

Lloyds Pharmacy owner Aurelius Group joins suitors circling The Body Shop

Lloyds Pharmacy owner Aurelius Group joins suitors circling The Body ShopBy Daily Mail City & Finance Reporter Updated: 22:00 BST, 2 October 2023 The owner [...]

Next finance chief Amanda James to step down next summer after 28 years at the firm

Next finance chief Amanda James to step down next summer after 28 years at the firmBy Daily Mail City & Finance Reporter Updated: 22:00 BST, [...]

Rolls-Royce among six firms shortlisted to develop small nuclear power plants

Rolls-Royce among six firms shortlisted to develop small nuclear power plantsBy John-Paul Ford Rojas Updated: 22:00 BST, 2 October 2023 Rolls-Royce was one of six [...]

Sandal maker Birkenstock set for £7.6bn New York listing after Barbie boost

Sandal maker Birkenstock set for £7.6bn New York listing after Barbie boostBy Emily Hawkins Updated: 22:00 BST, 2 October 2023 Birkenstock is seeking a valuation [...]

Best buy easy-access now pays 5% from app-only provider Moneybox

Best buy easy-access now pays 5% from app-only provider MoneyboxMoneybox now pays 5% on tax-free deposits of £500 or more Up to three withdrawals sllowed in [...]

Challenger Bank Redwood set to go public after R8 Capital reverse takeover

Challenger Bank Redwood set to go public after R8 Capital reverse takeoverIt said the takeover is subject to the completion of due diligence and approvals By Daniel [...]

YouGov agrees €280m loan facility to finance takeover

YouGov agrees €280m loan facility to finance takeoverThe polling firm revealed it had agreed a facility of up to €280m with lendersYouGov intends to buy GfK's [...]

John Lewis boss Sharon White to step down next year

John Lewis boss Sharon White to step down next yearWhite will reportedly not seek reappointment at the end of five-year termDeparture will make her the [...]

Half of top Premium Bonds prizes won by those with maximum £50,000 holding

Half of top Premium Bonds prizes won by those with maximum £50,000 holdingBy Helen Kirrane Updated: 12:14 BST, 2 October 2023 Exactly half of the [...]

Microsalt lines up retail share offer ahead of London IPO

Microsalt lines up retail share offer ahead of London IPOShares starting price is at £500 per investorIt can be purchased through PrimaryBid's website and app By [...]

BUSINESS LIVE: Water group reveal investment plans; YouGov agrees fresh financing

LIVEBUSINESS LIVE: Water group reveal investment plans; YouGov agrees fresh financingBy Live Commentary Updated: 07:58 BST, 2 October 2023 The FTSE 100 will open at [...]