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All posts in: Business & Finance

New Legal & General boss Antonio Simoes eyes investment shake-up

By John-Paul Ford Rojas Published: 22:00 GMT, 6 March 2024 | Updated: 22:00 GMT, 6 March 2024 Shake-up: Legal & General boss Antonio Simoes (pictured) becam... read more

Anglesey nuclear power plant plan resurrected almost four years after being shelved

By John Abiona Published: 22:00 GMT, 6 March 2024 | Updated: 22:00 GMT, 6 March 2024 Powering ahead: An artist’s impression of the proposed nuclear power ... read more

NatWest retail sell-off to take place in the summer as government unwinds taxpayer bailout

A summer date has been unveiled for the NatWest retail sell-off to the public The Government has a 33% NatWest stake and will sell it to everyday investors By H... read more

Mortgage rates will peak at 4.2% – far lower than forecast just four months ago, OBR says

 Average house price is set to fall just below £275,000 later this year  Mortgage rates are expected to remain below 4% until 2026 By Harvey Dorset Published... read more

Council tax to rise by £13bn a year by 2029, Budget watchdog warns

The amount councils have to pay is set to increase, according to the OBR The watchdog added that despite the rise many councils may still slash services By Sam ... read more

William Hill owner 888 weighs sale of US consumer sports betting arm

888 is active in four US states: Michigan, Colorado, Virginia and New Jersey The William Hill owner has agreed to pay Authentic Brands £39.4m in fees By Harry ... read more

The Spring Budget at-a-glance: Chancellor reveals tax and spending plans

By Mike Sheen Updated: 13:03 GMT, 6 March 2024 Chancellor Jeremy Hunt today delivers a highly anticipated Spring Budget, faced with pressure to cut taxes and bo... read more

John Lewis Partnership upping minimum rate of pay to £11.55 an hour

By Jane Denton Updated: 11:10 GMT, 6 March 2024 The John Lewis Partnership (JLP) is increasing its minimum rates of staff pay by 10 per cent from the beginning ... read more

BUSINESS LIVE: Spring Budget looms; L&G misses profit expectations; Capita to make extra cost savings

By Live Commentary Updated: 07:56 GMT, 6 March 2024 Chancellor Jeremy Hunt will deliver his Spring Budget at around 12.30pm today. The Government will be keen t... read more

HSBC raises fixed-rate mortgage deals for the second time in two weeks as lenders hike rates

By Adele Cooke For Money Mail Updated: 01:02 GMT, 6 March 2024 HSBC is raising rates across its fixed-rate residential mortgage deals from today, becoming the l... read more

Be warned – banks tell me they WON’T be ready for major Isa shake-up, says SYLVIA MORRIS

Savers have been promised a shake-up of Isa rules, which will make tax-free saving easier than ever. But with a month to go until April 6, when the changes are ... read more

Titanic shipyard Harland & Wolff closes in on £120m Falklands contract

By Daily Mail City & Finance Reporter Updated: 22:04 GMT, 5 March 2024 Harland & Wolff Group is the Falklands government’s preferred choice to build f... read more

M&S food sales surge ahead of Aldi and Lidl as recovery gathers pace

By Emily Hawkins Updated: 22:04 GMT, 5 March 2024 M&S sales over the past 12 weeks were 11.9% higher than a year earlier Food sales at Marks & Spencer a... read more

Greggs rolls out £17m staff bonus after raking in bumper profits

By Emily Hawkins Updated: 22:03 GMT, 5 March 2024 A typical Greggs worker will be handed a £700 bonus after it raked in bumper profits and said sales would dou... read more

Bitcoin at a record high after 60% jump this year amid mounting speculation it could top $100,000

By Leah Montebello Updated: 22:02 GMT, 5 March 2024 Bitcoin soared to an all-time high close to $70,000 yesterday – before crashing almost 15 per cent. On a d... read more

Mirror owner Reach cuts expected phone hacking payout bill

Reach estimates it will spend £18.2m to resolve so-called ‘historical legal issues’ The Daily Mirror told investors that it would release a further... read more

Bitcoin price briefly reaches record high of $69,202 as investor demand for ETFs continues

Bitcoin surpassed its previous record high The cryptocurrency has rocked in recent weeks Gold has also recently hit a record high  By Angharad Carrick Updated:... read more

Beat best buy savings rates and turbo charge your interest with this simple trick…

Raisin UK is offering a £50 sign up bonus* on top of its 5.02% rate for one-year fix This brings the rate up to 5.49% for one year on £10k, beating the top d... read more

Ashtead Group shares slump as FTSE 100 firm trims revenue outlook

Ashtead Group leases machinery like battery-powered saws and forklift trucks The Surrey-based business saw its shares slump 7% in early trading on Tuesday By Ha... read more

Spirent Communications agrees £1bn takeover by US-based Viavi Solutions

The deal will see Spirent shareholders receive 175p per share As part of the deal, Silver Lake will invest $400m in Viavi Solutions  By Daniel Fessahaye Updat... read more

Greggs on course to double sales by 2026 as revenues soar to £1.8bn

Greggs reported overall turnover rose by almost £300m to £1.8bn last year Trade was partly driven by price hikes and volume expansion at existing sites Sales ... read more

Online pension provider PensionBee unveils plans to conquer US

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 4 March 2024 ‘Transformative step’: Pensionbee, led by Boss Romi Savova (pictured), is... read more

KPMG fined £1.5m over ‘basic failings’ in its audit of advertising firm M&C Saatchi

By Calum Muirhead Updated: 22:00 GMT, 4 March 2024 KPMG has been fined £1.5m over ‘basic failings’ in its audit of advertising firm M&C Saatchi... read more

New HIV drug Cabotegravir that can be taken as little as three times a year boosts GSK

By Calum Muirhead Updated: 22:00 GMT, 4 March 2024 The battle against HIV received a boost after GSK reported data showing one of its drugs can be taken as litt... read more