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All posts in: Business & Finance

Accountants cash in on Chancellor’s Budget gloom

By John-Paul Ford Rojas Updated: 21:50 BST, 11 October 2024 The doom and gloom poured forth by Rachel Reeves may have hit confidence ahead of the Budget – but... read more

Slowing fuel demand takes toll on BP’s refining business

By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Sign of the times: BP said it expects a slump in refining margins to take a £306m to £459m... read more

FCA employees can work from home for three days a week

By City Reporter Updated: 10:39 BST, 11 October 2024 Office: The FCA will let staff work at home three days a week for the next two years The City watchdog will... read more

Monzo staff set for windfall worth tens of millions

By City Reporter Updated: 10:38 BST, 11 October 2024 Windfall: Hundreds of Monzo employees are expected to pocket tens of millions of pounds Hundreds of Monzo e... read more

Ikea sales slump after Swedish retailer cuts prices

By City Reporter Updated: 10:37 BST, 11 October 2024 Results: Ikea has suffered a slump in sales after cutting prices to tempt hard-pressed shoppers Ikea has su... read more

Small businesses raise alarm over tax raid on AIM market

By John-Paul Ford Rojas Updated: 09:57 BST, 11 October 2024 Caution: Many AIM-listed firms have warned Rachel Reeves (pictured) that speculation over the future... read more

US inflation drop fuels debate over Fed’s next interest rate move

By John-Paul Ford Rojas Updated: 09:55 BST, 11 October 2024 Drop: US inflation declined to 2.4 per cent in September, down from 2.5 per cent in August US inflat... read more

Consumer goods giant Unilever finally quits Russia after backlash

By Emily Hawkins And John Abiona Updated: 09:53 BST, 11 October 2024 Unilever has finally pulled out of Russia after being branded an ‘international spons... read more

Simply Be owner N Brown rebounds to profit despite shrinking sales

N Brown Group reported a £200,000 profit for the six months ending August  Total revenue fell by 6.7% to £277.2m, largely driven by falling product sales By ... read more

Major insurer warns 7,116 new homes are set to be built on flood-prone land – is YOUR local area on the list?

New-build homes struggle to get flood cover even in drier parts of the country  By Sam Barker Updated: 12:54 BST, 10 October 2024 More than 7,000 homes have be... read more

Germany set for a two-year recession as crisis deepens

By City Reporter Updated: 09:20 BST, 10 October 2024 Germany looks set for a two-year recession as it cements its status as the ‘sick man of Europe’... read more

Netflix rakes in record UK revenues after password sharing crackdown

By City & Finance Reporter Updated: 08:09 BST, 10 October 2024 Netflix posted its highest-ever UK revenues after a crackdown on password sharing boosted bus... read more

Indian tycoon Ratan Tata dies aged 86

By City & Finance Reporter Updated: 08:03 BST, 10 October 2024 The former chairman of one of the largest companies in India has died at the age of 86.  Rat... read more

Packaging giant Mondi expands in Western Europe with £634m takeover

By This Is Money Updated: 13:56 BST, 9 October 2024 London-listed packaging giant Mondi is set to expand in Western Europe after striking a €634million deal w... read more

Marston’s slashes debts after pub group sells brewing business stake

Marston’s expects to report net debt for the year ending September of c.£885m It completed the sale of its Carlsberg Marston’s Brewing Company sta... read more

Revolution Beauty takes £11.3m hit from clearing discontinued stock

By Mike Sheen Updated: 09:43 BST, 9 October 2024 Revolution Beauty shares fell sharply on Wednesday after the cosmetics firm flagged a £11.3million hit to earn... read more

We’re not as financially savvy as we think with one in three not knowing how a savings account works

By Helen Kirrane Updated: 00:01 BST, 9 October 2024 One in three people who consider themselves financially literate do not know how a savings account works, a ... read more

Chinese giant Shein’s UK sales top £1.5bn ahead of controversial London float

By Emily Hawkins Updated: 22:06 BST, 8 October 2024 TV star Shaughna Phillips, Shein’s UK sales hit £1.55bn compared to £1.12bn over a 16-month period ... read more

Marks & Spencer crowned UK’s fastest growing supermarket as turnaround gathers pace

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 8 October 2024 Turnaround: Marks & Spencer boss Stuart Machin (pictured) Marks & Spencer i... read more

Engineering firm Senior to slash jobs amid problems at Boeing and Airbus

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 8 October 2024 Slowdown: Engineering firm Senior said it is slashing jobs amid difficult trading i... read more

Tobacco giant Imperial Brands to boost payouts to shareholders as it cashes in on demand for vapes

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 8 October 2024 Imperial Brands has promised to increase the amount of money returned to investors ... read more

Water firms told to return £158m to customers after missing targets on pollution and leaks

By Colin Fernandez Updated: 22:06 BST, 8 October 2024 Water companies have been ordered to return £158million to customers via lower bills next year after miss... read more

How to manage your money – and what we do with ours: This is Money podcast

By This Is Money Updated: 14:01 BST, 8 October 2024 How well do you manage your money? Where would you rate your budgeting, saving, investing and pension effort... read more

Net-A-Porter snapped up by German e-commerce firm

By Emily Hawkins Updated: 10:40 BST, 8 October 2024 Cartier owner Richemont has agreed to sell Yoox Net-a-Porter to a German online retailer. The Swiss luxury c... read more