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All posts in: Business & Finance

Rio Tinto and Glencore profits slump on lower commodity prices

Glencore saw its net income plunge by three-quarters to $4.3bn last year  Rio Tinto revealed post-tax profits tumbled by 19 per cent to $10bn in 2023 Both firm... read more

Dominic Raab lands job at private equity mining investor

Dominic Raab has been hired as a ‘senior strategic adviser’ at Appian  By Jane Denton Updated: 12:16 GMT, 21 February 2024 Dominic Raab has been h... read more

Pawnbroker H&T Group acquires pledge book from Essex-based Maxcroft

 The mean value of the acquired pledge loans is £4,063, H&T said  By Jane Denton Updated: 11:22 GMT, 21 February 2024 Pawnbroker and retailer of pre-owne... read more

Interpol partners with AI-focused Windward amid maritime crime clampdown

Windward shares have risen by over 128% in the last year   By Jane Denton Updated: 10:51 GMT, 21 February 2024 London-listed maritime artificial intelligence ... read more

BAE Systems sales top £25.3bn amid global surge in defence spending

Europe’s largest defence contractor revealed its sales rose by 9% to £25.3bn Maritime sales provided nearly half of all growth, jumping by 22% to £5.5bn... read more

Trading Styles and Timeframes: A Side-by-Side Analysis

In the world of trading, there are various trading styles and timeframes that traders can adopt to suit their individual preferences and goals. Understanding th... read more

Readers back our call for stamp duty to be cut in next month’s Budget

By Jeff Prestridge Updated: 22:01 GMT, 20 February 2024 Tax burden: Stamp duty kicks in on property purchases above £250,000, with the rate starting at 5% and ... read more

Currys backer warns of UK market decline after board rejects £700m takeover offer by US hedge fund

By John-Paul Ford Rojas Updated: 22:01 GMT, 20 February 2024 Currys’ biggest shareholder has warned that the stock market is not fit for purpose. Redwheel, wh... read more

Nearly half of The Body Shop stores to shut as High Street chain battles for survival

By Emily Hawkins Updated: 22:01 GMT, 20 February 2024 The Body Shop will close nearly half of its UK stores and axe hundreds of jobs as it battles for survival.... read more

New report confirms UK debanking fears: Customers being dumped because of opinions or lifestyles

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 20 February 2024 Backlash: Last year, Coutts ditched former Ukip and Brexit Party leader Nigel Far... read more

Easyjet to fly back in to Footsie four years after it crashed out during the pandemic

By Jessica Clark Updated: 22:01 GMT, 20 February 2024 Easyjet is set to return to the FTSE 100 nearly four years after it crashed out during the pandemic. Globa... read more

Monzo’s £4bn valuation woe: Digital bank not worth much more than it was three years ago

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 20 February 2024 Funding: Digital bank Monzo is set to finalise a deal in the next two weeks to r... read more

Superdry soars 17% on reports US investor is in talks to buy the troubled fashion chain

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 20 February 2024 Troubles: Fashion chain Superdry employs about 3,350 people across the world Sha... read more

BUSINESS LIVE: Barclays overhaul; IHG’s profits top $1bn; CMA baby formula probe

By Live Commentary Updated: 17:17 GMT, 20 February 2024 The FTSE 100 closed down 9.29 points at 7719.21. Among the companies with reports and trading updates to... read more

Nightcap shares slump as takeover is overshadowed by bar group’s weak start to the year

The bar operator was co-founded by former Dragons Den star Sarah Willingham Nightcap said trading had been ‘far softer’ than anticipated since the y... read more

Competition watchdog to probe baby formula market as costs soar

CMA: Baby formula prices jumped by 25% between March 2021 and April 2023 Sarah Cardell, the CMA’s CEO, noted prices remain at ‘historically highR... read more

Plus500 reveals £140m in shareholder payouts as profits smash forecasts

FTSE 250-listed Israeli firm reported shareholder payouts worth $175m (£139m) These were in buybacks and dividends after beating annual profit expectations By ... read more

EV drivers charge for FREE with new Octopus tariff – but only if they have one of these three car models

Energy firm Octopus says drivers can get free charging with its Power Pack deal But the deal has strings attached, including a shortage of compatible cars By Sa... read more

Eurostar faces backlash as passengers hit by half-term strikes struggle to get refunds

By Daily Mail City & Finance Reporter Updated: 22:09 GMT, 19 February 2024 Refunds: Eurostar services over half term were hit by French  railway worker str... read more

Aldi fires up price war with fresh round of reductions on fruit and vegetables

By Emily Hawkins Updated: 22:09 GMT, 19 February 2024 Price cuts: Shoppers have switched to the discounters Aldi and Lidl in droves to make their weekly shops m... read more

Bank of England is crushing economy, says former chief economist Andy Haldane

By John-Paul Ford Rojas Updated: 22:01 GMT, 19 February 2024 The Bank of England risks ‘crushing’ the economy if it fails to cut interest rates quickly enou... read more

Moneysupermarket rakes in record revenues as households search for cheaper insurance

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 19 February 2024 Sales up: Moneysupermarket’s adverts feature actress Judi Dench (pictured) ... read more

Valentine’s Day boost leaves Perfume Shop smelling like roses as sales surge 18% on 2023 levels

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 19 February 2024 Top seller: Carolina Herrera Good Girl is advertised by model Karlie Kloss (pictu... read more

London Stock Exchange to double boss’s pay to £11m amid concerns City talent is being poached by US rivals

By Jessica Clark Updated: 22:00 GMT, 19 February 2024 Windfall: David Schwimmer (pictured), boss of the London Stock Exchange Group, looks set to get a multi-mi... read more