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All posts in: Business & Finance

Hundreds of jobs at risk as British fashion brand Ted Baker calls in the administrators

By Daily Mail City & Finance Reporter Updated: 23:17 GMT, 19 March 2024 Jobs threat: UK fashion brand Ted Baker has appointed administrators Ted Baker has ... read more

Why almost one in ten mortgage holders are missing utility bill payments

By Adele Cooke Updated: 22:00 GMT, 19 March 2024 Squeezed: 8.1% of mortgage holders failed to pay a utility bill, loan or credit card payment in the month to Ma... read more

Steve McQueen’s stunt car from his final film The Hunter is going under the hammer for a surprising low price – but there’s a very good reason why

After nearly forty years in a barn, the Pontiac Firebird Trans Am isn’t too healthy It still shows the scars from being involved in an explosive scene in ... read more

Robinhood share trading app now available in UK – and won’t charge fees

By Angharad Carrick Updated: 16:36 GMT, 19 March 2024 Share trading app Robinhood has opened its trading platform to all UK investors as it looks to take on est... read more

SThree hit by tech industry job cuts and weak economic conditions

SThree revealed first-quarter net fees declined by 6% year-on-year to £93.7m Tech companies have continued axing jobs in significant numbers this year  By Har... read more

Close Brothers earmarks £400m for FCA’s motor finance probe

Close Brothers Group has already axed dividends for the current fiscal year  The London-listed company also intends to ‘optimise’ its risk-weighted... read more

Taxman to close self-assessment helplines until September and will only deal with ‘priority’ calls when they reopen

Tax office plans to offload callers to its online services and chatbots HMRC’s VAT helpline will only open in the five days before each month’s dead... read more

AstraZeneca agrees to acquire biotech group Fusion for up to $2.4bn

Britain’s largest drugmaker intends to spend $2bn upfront for the Canadian firm   AstraZeneca will then follow up with $400m in potential contingent pay... read more

Diageo names former civil service boss Sir John Manzoni as chair

Manzoni is due to start on or around 5 February 2025 He will be replacing Javier Ferran who is retiring  By Daniel Fessahaye Updated: 10:01 GMT, 19 March 2024 ... read more

Essential Factors to Consider When Seeking Financial Advice 

Navigating the complex world of finances can be a daunting task, particularly when dealing with major financial decisions that impact your future. It’s at... read more

Standard Chartered tips Bitcoin to hit $250,000 next year

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 18 March 2024 Bitcoin could hit $250,000 next year, according to Standard Chartered. In a report p... read more

Mike Lynch ‘was driving force behind massive fraud’ when he sold software firm to HP

By Daniel Bates Updated: 22:01 GMT, 18 March 2024 Britain’s answer to Bill Gates was the ‘driving force’ behind Silicon Valley’s biggest ever fraud, a c... read more

Chemring handed £90m to ramp up production of ammunition for Ukraine

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 18 March 2024 Ukraine fight: Chemring said it has been granted £57m by the European Commission Ch... read more

Boss of UK software giant Bytes to be investigated over 119 secret share deals

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 18 March 2024 Share deals: Bytes chief exec Neil Murphy  One of the UK’s biggest software compa... read more

Elon Musk insists his Ketamine use is good for business despite Tesla stock slump

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 18 March 2024 Depression: Elon Musk (pictured) defended his prescribed use of the drug Ketamine, a... read more

City pioneer and Money Mail founder Sir Patrick Sergeant celebrates his 100th birthday

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 18 March 2024 Pioneer:  Sir Patrick Sergeant was behind the 1966 launch of Money Mail City grand... read more

Pfizer to sell partial stake in Haleon for more than £2bn

Pfizer plans to cut its stake in consumer healthcare firm Haleon from 32% to 24% Haleon makes Advil painkillers, Nicorette gum and Beechams cold and flu relief... read more

Marshalls shares fall as paving firm sees slump in profits

Paving slab specialist’s 2023 revenue was down 7% to £671.2m on the year Adjusted profit before tax dropped 41% to £53.3m  Marshalls also cut its final... read more

Losses grow at Nightcap as bar owner says difficult trading conditions have continued

The cocktail bar group was founded by ex-Dragons’ Den star Sarah Willingham  Nightcap expects trading to stay subdued for remainder of fiscal year By Har... read more

Santander offers £185 cash bonus for switching current account

Products eligible for offer include Everyday, Edge and Edge up current accounts The deal is open to new and existing customers who meet certain requirements We ... read more

Currys hikes profit forecast for second time this year

Currys anticipates reporting adjusted annual pre-tax profits of at least £115m The retailer expects to sell its Greek and Cypriot business in the first half of... read more

British Land strikes joint venture with Royal London for former Meta HQ

Deal will see Royal London pay £192.5m for 50% stake in 1 Triton Square The office in Euston used to be leased by Facebook owner Meta By Daniel Fessahaye Updat... read more

BUSINESS LIVE: Currys raises outlook; Nightcap losses persist; Assetco has ‘exceptionally difficult’ year

By Harry Wise Updated: 08:38 GMT, 18 March 2024 Among the companies with reports and trading updates today are Currys, Nightcap, Assetco, British Land and Marsh... read more

House prices jumped by more than £5,000 in March with the average asking price at £368,118 – short of last year’s peak

The rise is below the peak seen in May 2023 according to Rightmove  By Olivia Christie Updated: 01:00 GMT, 18 March 2024 The average price of a newly marketed ... read more