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All posts in: Business & Finance

Fresh blow to City as US private equity giant Advent International plots swoop on Tate & Lyle

By Jessica Clark Updated: 22:00 BST, 16 October 2024 A US private equity giant is preparing to swoop on London-listed Tate & Lyle in a further blow to the C... read more

Entrepreneur scores big as Wayne Rooney and wife Coleen back protein powder firm’s IPO

By John-Paul Ford Rojas Updated: 22:00 BST, 16 October 2024 Wayne and Coleen Rooney are set to take a stake in protein powder firm Applied Nutrition when it flo... read more

City watchdog probes pay monthly insurance deals amid fears they may not provide fair value

By Lucy Evans Updated: 22:00 BST, 16 October 2024 Home and car insurance deals that allow households to pay in monthly instalments face a probe by the City watc... read more

Vertu Motors profits hit by higher costs

Vertu revealed its adjusted pre-tax profits plummeted by around 25% to £23.5m Profits were hurt by the national minimum wage hike and increasing staff levels B... read more

Quilter shares soar as high-net-worth investors swell assets to £116bn

By Mike Sheen Updated: 11:32 BST, 16 October 2024 Quilter boss Steven Levin said Chancellor Rachel Reeves must consult with the industry before making ‘me... read more

Home buyers could save nearly £50k purchasing property in a new town

By Daily Mail Reporter Updated: 00:04 BST, 16 October 2024 Home buyers could save nearly £50,000 on average by purchasing a property in a new town, according t... read more

HALF of pensioners losing Winter Fuel Payment can only afford to heat one room

 Looming benefit cuts this winter will hit retirees hard, leading charity warns By Sam Barker Updated: 00:02 BST, 16 October 2024 Half of pensioners losing the... read more

Luxury giant LVMH suffers its first quarterly sales drop since pandemic

By Emily Hawkins Updated: 22:05 BST, 15 October 2024 LVMH has suffered its first quarterly sales drop since the pandemic after a slowdown in demand for high-end... read more

Business booming at Boots! Outgoing boss hails strong results amid store closures

By Emily Hawkins Updated: 22:05 BST, 15 October 2024 Business is booming at Boots as its boss completes a swathe of store closures before he leaves. The pharmac... read more

Wall Street boosted by surge in investment banking fees fuelled by more deals

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 15 October 2024 Bankers are optimistic as they anticipate interest rate cuts over the next few mon... read more

Fears of Labour budget tax hikes has hit demand for new homes, says Bellway boss

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 15 October 2024 Bellway boss Jason Honeyman (pictured) has accused ministers of effectively ‘tal... read more

Protein powder firm set up by a scaffolder from a Liverpool eyes £400m London float

By Emily Hawkins Updated: 22:05 BST, 15 October 2024 A protein powder company set up by a scaffolder from a Liverpool council estate is aiming for a £400millio... read more

Troubled Boeing seeks £27bn to shore up its battered finances as it is rocked by strikes

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 15 October 2024 Boeing is seeking £27billion of fresh funding to shore up its battered finances i... read more

Government to raise bank ring-fencing threshold to £35bn in boon for Chase and Marcus

Bank ring-fencing limit will rise from £25bn to £35bn  By Helen Kirrane Updated: 16:00 BST, 15 October 2024 The Government is set to green light a move for t... read more

Applied Nutrition eyes £400m fundraise as it prepares for London listing

Sports nutrition group hopes to raise £340m and £400m from London IPO Retail investors can register to buy shares via three platforms   By Mike Sheen Update... read more

Tesla Model Y now comes with seven seats in major boost for eco-conscious large families

Long Range All-Wheel Drive variant now offers third row for additional £2,500  By Freda Lewis-Stempel Updated: 09:15 BST, 15 October 2024 Tesla’s global bes... read more

First Direct has a hidden free monthly prize draw where customers can win a jackpot of £3,500 – here’s how to enter

Prize draw will run in October and November and customers can still opt in  By Helen Kirrane Updated: 06:00 BST, 15 October 2024 First Direct customers could b... read more

Vauxhall owner considers UK plant closures: Decision to be made ‘in weeks’

By Emily Hawkins Updated: 22:04 BST, 14 October 2024 The owner of Vauxhall will decide whether to close its UK plants within ‘the next few weeks’. Stellanti... read more

AI guru to save NHS millions after using the tech to cut the number of missed appointments

By Patrick Tooher Updated: 22:04 BST, 14 October 2024 AI software: Dr Chris Bates, research and analytics director at TPP A leading data scientist has hailed th... read more

Gambling stocks hit by fears Rachel Reeves is plotting a £3bn tax raid

By Jessica Clark Updated: 22:04 BST, 14 October 2024 Shares in bookmakers fell sharply yesterday as fears grew that Labour could hit the industry with a £3bill... read more

UK wine industry ‘under siege’ as government prepares to hike alcohol duty

By Emily Hawkins Updated: 22:04 BST, 14 October 2024 The UK wine industry is ‘under siege’ due to upcoming changes to alcohol duty, according to a leading m... read more

Fraud complaints about Revolut rise 146% in just two years

Revolut was mentioned in more fraud reports than any other UK bank in 2023 By Helen Kirrane Updated: 16:30 BST, 14 October 2024 Fraud reports mentioning online ... read more

Atom Bank launches a best buy easy-access savings rate with a catch

Savers get 4.84% ‘reward rate’ if they don’t withdraw money and 3.25% if they do By Helen Kirrane Updated: 12:47 BST, 14 October 2024 Savers c... read more

Gambling shares nosedive amid rumours of looming £3bn tax raid

Reports suggest government could double some taxes levied on the sector  Entain shares fell more than 10% at the open while Flutter shares also slumped  By Mi... read more