Business & Finance | Express Digest

BUSINESS LIVE: Inflation jumps to 2.3%; Dunelm buys Home Focus; Royal Mail takeover ‘to be approved’

By LIVE COMMENTARY Updated: 07:46 GMT, 20 November 2024 Consumer price inflation accelerated to its highest level since April last month, fresh data from the [...]

Can’t find a bank that offers joint savings accounts? Try these paying up to 4.65%: SYLVIA MORRIS

By SYLVIA MORRIS Updated: 22:36 GMT, 19 November 2024 Who would have thought it would be difficult to open a joint account? Well it is, [...]

Private rents set to rocket by nearly 20% over next five years as demand continues to outstrip supply

By LUCY EVANS Updated: 22:32 GMT, 19 November 2024 Renters in the UK can expect their bills to soar by almost a fifth over the [...]

Lenders face a £30bn compensation bill to settle the motor finance scandal

By JESSICA CLARK Updated: 22:21 GMT, 19 November 2024 Lenders could be hit with a £30billion bill to cover compensation costs related to the motor [...]

Informa abandons £1bn profit target as events firm faces FX hit

Informa expects to achieve over £975m in adjusted operating profits this yearThe firm runs the Arab Health, Dubai Airshow, and Cityscape Global eventsBy HARRY WISE [...]

What Trump changes for investors – and how to back AI: Blue Whale manager on the INVESTING SHOW

Stephen Yiu on investing opportunities and backing AI in a specific wayBy SIMON LAMBERT Updated: 14:23 GMT, 19 November 2024 Donald Trump's stint as President-elect [...]

Cold Weather Payments: Full list of postcodes that could get £25 towards bills as temperatures drop

Homes in the North of England and the Scottish Borders will get the money soon By SAM BARKER Updated: 12:00 GMT, 19 November 2024 Thousands of [...]

HSBC bankers told to reapply for jobs with hundreds facing the axe in major overhaul

By JOHN-PAUL FORD ROJAS Updated: 22:00 GMT, 18 November 2024 HSBC is preparing to axe hundreds of senior bankers over the coming weeks as part [...]

Meal replacement firm backed by Luther actor Idris Elba sees profits treble

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 18 November 2024 Investors: Luther actor Elba, 52, and his wife Sabrina, 35A Firm backed [...]

UK film and TV studio Fulwell 73 merges with US rival owned by basketball star LeBron James

By CALUM MUIRHEAD Updated: 22:00 GMT, 18 November 2024 Investor: Basketball star Lebron James (pictured) holds a small stake in Fenway Sports GroupA British film [...]

Shein bosses fight to drum up support for controversial £50bn stock market listing

By EMILY HAWKINS Updated: 22:00 GMT, 18 November 2024 Shein bosses will face a grilling from investors over the next few weeks as they seek [...]

Asos boss handed a £350,000 pay rise as London-listed fashion giant slumps deeper into the red

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 18 November 2024 Profits slump: Asos chief exec Jose Antonio Ramos Calamonte saw his pay [...]

Melrose shares surge as GKN Aerospace owner shrugs off supply chain woes

Melrose expects to earn £550m-£570m in adjusted operating profits this yearBoeing and Airbus have been plagued by parts shortages and delayed deliveriesBy HARRY WISE Updated: 16:30 [...]

Ferrexpo chair backs miner’s ‘contribution’ to Ukraine as operations continue

The iron ore miner has a record 709 staff serving in the conflict Ferrexpo has maintained operations since the outset of the war By MIKE SHEEN Updated: [...]

My staff want time off to grieve but I believe they are skiving – how should I best clamp down on them? City superwoman NICOLA HORLICK has the answer…

By NICOLA HORLICK Updated: 11:51 GMT, 18 November 2024 Working life today is full of constantly evolving challenges and pitfalls. When is it OK to [...]

UK Pizza Hut seeks to raise money after Budget tax hikes

By CALUM MUIRHEAD Updated: 21:53 GMT, 17 November 2024 The owner of Pizza Hut's UK business is mulling over the sale of some of its [...]

Owners spend record £6.1bn insuring their pets

By CITY & FINANCE REPORTER Updated: 21:50 GMT, 17 November 2024 Pet insurance spending has soared over the past year as rising vet bills and [...]

Close Brothers faces key meeting over car finance scandal

Commissions paid between banks and brokers on car deals may be unlawful Such arrangements were not clearly flagged to the customerCase centered on 'discretionary commission arrangements'By [...]

Uninsured driver hotspots EXPOSED: Interactive map lays bare 500 worst-offending areas… so is yours one of them?

By OLIVER PRICE, DATA JOURNALIST and SAM BARKER and DARREN BOYLE Updated: 09:04 GMT, 17 November 2024 Britain's uninsured driver hotspots are today exposed by [...]

Mulberry boss wants to recapture the glory days of Brit-Chic

By EMILY HAWKINS Updated: 21:52 GMT, 16 November 2024 Stylish: Andrea Baldo wants to recapture the glory days of Brit-ChicIt's less Beijing and more Brum for [...]

Inflation back above 2% in blow for Bank of England

By PATRICK TOOHER Updated: 21:51 GMT, 16 November 2024 Inflation is rising and has gone back above the Bank of England's 2 per cent target, [...]

REVEALED: £1bn cost of Chancellor’s jobs tax on top ten employers

By CALUM MUIRHEAD Updated: 21:50 GMT, 16 November 2024 The biggest employers in Britain are facing a £1 billion tax bombshell after they were left [...]

RAY MASSEY: Vauxhall’s grand plans for its Grandland SUV

Price: £45,195Prices: From £34,700 for petrol-hybrid models; From £40,995 for pure electric modelsSeats: 5Trim levels: Design, GS and Ultimate.Length: 4,650mm (+173mm on outgoing model) Width: 1,905mm (49mm) Height: [...]

Porsche forced to recall thousands of luxury cars in the UK due to the risk of their wheels falling off

By JOSE RAMOS Updated: 07:10 GMT, 16 November 2024 Some Porsche owners have been told not to drive their luxury cars as the manufacturer issues a [...]

BAE Systems plans factory for howitzer weapons

By CITY & FINANCE REPORTER Updated: 21:53 GMT, 15 November 2024 BAE Systems has drawn up plans to build an artillery factory in Sheffield as [...]

Brussels warning to White House over ‘harmful’ tariffs

EU warns tariffs threatened by Donald Trump could 'upend global trade'Trump suggested imposing tariffs of 10% or more on goods imported into US That has sparked [...]

Grim week as sterling down 2% against dollar

By JOHN-PAUL FORD ROJAS Updated: 21:50 GMT, 15 November 2024 The pound yesterday notched up its biggest weekly loss since January as the 'Trump trade' [...]

Pharma slides on Robert F Kennedy Jr nomination

By CALUM MUIRHEAD Updated: 21:50 GMT, 15 November 2024 Vaccine sceptic: Robert F Kennedy JrBritish and European drugmakers suffered a share price slide yesterday after [...]

Treasury stealth tax on insurance to raise £55.7bn

By HUGO DUNCAN AND JOHN-PAUL FORD ROJAS Updated: 21:50 GMT, 15 November 2024 Criticism: Direct Line boss Adam WinslowThe Treasury is cashing in on a 'regressive' [...]

Why have crypto prices soared in the past week? This is Money podcast

By THIS IS MONEY Updated: 19:04 GMT, 15 November 2024 Crypto has been a little quiet of late. Out of the spotlight, minding its own [...]

MJ Gleeson flags margin pressure as costs rise and price growth remains week

The Bank of England (BoE) lowered interest rates to 4.75% on 6 November MJ Gleeson said the rate cut should 'bolster buyer confidence' over the spring By [...]

Audioboom podcast platform’s profits lifted as ad market shows recovery

Podcast platform upgrades guidance for the second time in a month By MIKE SHEEN Updated: 09:00 GMT, 15 November 2024 Shares in podcast publisher Audioboom rose [...]

Isa savers to pay extra £605m a year ‘stealth tax’ after allowance freeze

Savers will hold more cash outside their Isas - and the Government knows it By SAM BARKER Updated: 07:00 GMT, 15 November 2024 Savers will be [...]

Putin plots new currency for BRICS countries in latest bid to end US Dollar domination

By BOB BISCHOF Updated: 22:08 GMT, 14 November 2024 Not many outside Russia have heard of Kazan.But if the architects – or midwives – of [...]

Young’s warns Labour Budget will hike up price of pint and force cuts to staff hours

By EMILY HAWKINS Updated: 22:08 GMT, 14 November 2024 Young's yesterday warned that staff hours will be cut and the price of a pint will [...]

Smith & Nephew chairman Rupert Soames fires back at investor calls for break-up

By CALUM MUIRHEAD Updated: 22:07 GMT, 14 November 2024 Defiant: Smith & Nephew’s chairman Rupert Soames insisted that the medical technology group has a 'well-formed' [...]