Business & Finance | Express Digest

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' [...]

Unilever mulls sale of some of its British brands as it looks to slim down its product range

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:07 GMT, 14 November 2024 Unilever is exploring whether to sell some of its British brandsUnilever is [...]

Joy at Disney as it posts better-than-expected results following success at the Box Office

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:07 GMT, 14 November 2024 Disney has posted better-than-expected results as film-goers flocked to cinemasto see animated [...]

Pound sinks to four-month low against the dollar as Trump trade piles further pressure on global markets

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:12 GMT, 14 November 2024 The pound fell to its lowest level against the dollar in more [...]

Mini-bond firm London Capital & Finance was just a Ponzi scheme, rules judge

By CALUM MUIRHEAD Updated: 22:05 GMT, 14 November 2024 An investment firm that collapsed owing its backers millions of pounds was a Ponzi scheme that [...]

LVMH moves owner’s son Alexandre Arnault to top drinks role in latest nepotism row

By EMILY HAWKINS Updated: 22:05 GMT, 14 November 2024 Luxury tycoon Bernard Arnault has promoted his 32-year-old son to a senior role in his fashion-to-drinks [...]

Some households wait SIX months for energy supplier to fix broken smart meter

Many energy firms are struggling to get smart meters working as intendedBy SAM BARKER Updated: 12:25 GMT, 14 November 2024 Around 2.6 million households have [...]

Young’s says Reeves’ Budget will cost the group an extra £11m a year

Young's sold 850,000 pints during seven England Euro's football matches By JANE DENTON Updated: 10:11 GMT, 14 November 2024 The boss of Young's & Co Brewery [...]

United Utilities revenues on track to hit £2bn after water bill hikes

United Utilities reported its half-year turnover increased by 10.9% to £1.1bnThe company's underlying operating profits jumped by 23.8% to £335.7m By HARRY WISE Updated: 09:33 GMT, [...]

One-bedroom townhouse moments from Trafalgar Square on sale for £10m

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon [...]

Mike Ashley and Boohoo set for a festive showdown as struggling fast fashion firm taps investors for £39m

By EMILY HAWKINS Updated: 22:02 GMT, 13 November 2024 Boohoo is facing a showdown with Mike Ashley days before Christmas, it was disclosed last night. Ashley, [...]

FCA lifeline for providers in car finance scandal: Watchdog extends deadline for firms to respond to complaints

By CALUM MUIRHEAD Updated: 22:02 GMT, 13 November 2024 Britain’s financial watchdog is set to extend the deadline for car finance providers to respond to [...]

M&S edges past Waitrose in battle for middle class shoppers to hold 4% of the grocery market

By EMILY HAWKINS Updated: 22:02 GMT, 13 November 2024 Sparkle: Marks & Spencer is hoping its Christmas advertising campaign will help boost salesMarks & Spencer [...]

Trump’s election win is ‘good news’ for Britain’s defence industry, says Babcock boss

By CALUM MUIRHEAD Updated: 22:02 GMT, 13 November 2024 The new Trump administration could be ‘good news’ for Britain’s defence industry as the incoming US [...]

Buy Now, Pay Later giant Klarna files for New York listing as it struggles with rising interest rates

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:02 GMT, 13 November 2024 US listing: Klarna said it had filed confidential paperwork with the Securities [...]

Barclays increases mortgage rates by up to 0.6% as lenders rush to hike home loan costs

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon [...]

Investigative Report: How Workplace Mediation is Transforming Small Business in Perth

In small businesses across Perth, conflict in the workplace has become a persistent challenge. Studies show that managers spend around 20% of their workweek—an entire [...]

Dowlais shares climb as group shrugs off volume decline

The FTSE 250 firm's shares climbed by 14% in early trading on Wednesday Dowlais reported its adjusted revenue shrank by 6.1% year-on-year to £4.2bn By HARRY WISE [...]

Wilko owner The Range nears deal to buy Homebase outlets

Sky also said that Teneo was looking to find buyers for another 50 storesA sale would end Homebase's ownership by turnaround specialist Hilco Capital By HARRY WISE Updated: [...]

Smiths Group upgrades guidance as installation sales soar

Smiths Group now anticipates its organic sales grow by 5-7% this financial year It also expects operating profit margins to increase by 40 to 60 basis [...]

Major bank becomes sixth high street lender to increase mortgage rates this week

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon [...]

Supermarket sales growth slows as troubled Asda lags peers

Asda remained the industry laggard, with sales down 3.5%, NIQ said By JANE DENTON Updated: 10:48 GMT, 13 November 2024 Grocery sales growth slowed over the [...]

New cheapest energy deal from EDF could save households £109 on bills

New fixed rate undercuts the Ofgem price cap, offering a significant bill savingBy SAM BARKER Updated: 09:14 GMT, 13 November 2024 EDF has launched the [...]

Just Eat sells Grubhub for just $650m after US sales slump

Group says value reflects changes to New York City's delivery fee cap rules By MIKE SHEEN Updated: 08:52 GMT, 13 November 2024 Just Eat has agreed [...]

Women set to receive a retirement income of £12,000 a year compared with £17,000 on average for men

By MONEY MAIL REPORTER FOR THE DAILY MAIL Updated: 22:21 GMT, 12 November 2024 Women approaching retirement are on track to receive an income of [...]

Bitcoin surges to another record amid Trump bump trading frenzy

By JOHN-PAUL FORD ROJAS Updated: 22:17 GMT, 12 November 2024 Bitcoin surged close to $90,000 yesterday as it hit record highs in the wake of [...]

Crisis at Asda deepens as sales slump ahead of the crucial Christmas trading period

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:16 GMT, 12 November 2024 Sales slump: Asda boss Lord Stuart RoseAsda’s share of the grocery market [...]

Car insurance premiums nudge lower… but are still up 40% in two years

Typical driver now pays £612 a year for car insurance, according to the ABIBy SAM BARKER Updated: 16:24 GMT, 12 November 2024 Car insurance premiums [...]

Hospitality shares hit by Budget tax hikes

JD Wetherspoon and Marston's shares have both fallen by at least 10%From April 2025, employers will pay a national insurance rate of 15%By HARRY WISE [...]

Millions will get their £10 DWP Christmas bonus soon – here’s everything you need to know

Government sends out the money in the first week of December By SAM BARKER Updated: 11:05 GMT, 12 November 2024 Millions of benefits claimants are set [...]

BAE Systems orders soar to £25bn on global military spending spree

By MIKE SHEEN Updated: 10:07 GMT, 12 November 2024 BAE Systems shares rose on Tuesday as the defence giant's order book continues to swell on [...]

BUSINESS LIVE: Wage growth slows; Metro Bank fined £16.7m; AstraZeneca upgrades guidance

By LIVE COMMENTARY Updated: 08:39 GMT, 12 November 2024 UK wage growth, excluding bonuses, fell in the third quarter to its lowest level in more [...]

One in THREE young drivers have bought car insurance from an illegal ghost broker

Shocking number of new motorists have been taken in by scammers online By SAM BARKER Updated: 06:00 GMT, 12 November 2024 Three in 10 young drivers [...]