Express Digest is a giant collection of the best News
and interesting links on the web!

All posts in: Business & Finance

Biden and Harris take aim at Shein over loophole that lets it dodge tariffs on small parcels

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 13 September 2024 Shein may be hit by a crackdown in the US over a trade loophole. President Joe B... read more

Government to buy the Electricity System Operator from National Grid in £630m deal

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 13 September 2024 Clean energy transition: The Government is to buy the Electricity System Operato... read more

Tesco loses Supreme Court legal battle over plans to ‘fire and rehire’ distribution workers

By Jessica Clark Updated: 22:01 BST, 12 September 2024 Tesco has lost a Supreme Court battle with the retail workers union over ‘fire and rehire’ plans. The... read more

Revolut founder and chief exec Nik Storonsky sells £230m worth of shares

By Leah Montebello Updated: 22:01 BST, 12 September 2024 Revolut founder and chief executive Nik Storonsky has sold a chunk of shares worth as much as £230mill... read more

Goldman enjoys a £70m fees windfall from £28bn Pringles sale

By Leah Montebello Updated: 22:01 BST, 12 September 2024 Goldman Sachs is set for a £70million fees bonanza from the £28billion sale of the owner of Pringles ... read more

Boots appoints ex-shop floor worker to take helm as US owner ponders sale of the pharmacy giant

By Emily Hawkins Updated: 22:01 BST, 12 September 2024 Boots has appointed a former Saturday boy to take the helm. Anthony Hemmerdinger will replace managing di... read more

Wet weather dampens Fevertree sales sending shares crashing to an eight-year low

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 12 September 2024 Fevertree shares crashed to an eight-year low after it warned wet weather dampen... read more

Why the lending stopped: Too tough banking rules will cripple investment and growth, warns ALEX BRUMMER

By Alex Brummer for the Daily Mail Updated: 22:00 BST, 12 September 2024 No one ever wants to see a repeat of the great financial crisis of 2008 when the insouc... read more

Nationwide, NatWest and TSB slash mortgage rates for buyers with smaller deposits

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 as possible. Quic... read more

Trainline shares soar as fewer strike days help drive £2bn in ticket sales

UK also boosted by digital switching, while Spain and Italy lead internationally  By Mike Sheen Updated: 12:07 BST, 12 September 2024 Trainline shares soared o... read more

Trump takes £300m hit as Truth Social shares tank

By Money Mail Reporter Updated: 09:23 BST, 12 September 2024 Donald Trump saw almost £300m wiped off his fortune yesterday as shares in his social media group ... read more

Heathrow eyes expansion after breaking passenger records

By Leah Montebello Updated: 09:17 BST, 12 September 2024 A record 8m passengers flew through Heathrow last month – piling pressure on the airport to expan... read more

Fed to cut rates at last after drop in inflation

By John-Paul Ford Rojas Updated: 08:55 BST, 12 September 2024 The US central bank looks set to cut interest rates next week after inflation in the world’... read more

Zara shrugs off summer of showers as sales rise

By Emily Hawkins Updated: 08:45 BST, 12 September 2024 Zara’s performance is in contrast to its fast fashion competitors, which have given gloomy updates ... read more

Ask Steve Webb your pension question for a special This is Money podcast

By This Is Money Updated: 07:00 BST, 12 September 2024 Got a question for Steve Webb? He will be answering readers on a special podcast Q&A on Friday, 20 Se... read more

BUSINESS LIVE: GDP growth stalls; Rightmove rejects £5.6bn REA bid; Boohoo write down on US shake-up

By Live Commentary Updated: 17:18 BST, 11 September 2024 The FTSE 100 closed down 12.04 points at 8193.94. The UK economy unexpectedly stalled in July after fai... read more

Vinted to alert users if they have breached threshold of selling 30 items a year under new tax reporting rules

Online platforms are required to report directly to HMRC from 1 January 2025  By Angharad Carrick Updated: 06:00 BST, 11 September 2024 Vinted will alert users... read more

Pretty Little Things founder Umar Kamani returns 18 months after stepping down

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 10 September 2024 The founder of PrettyLittleThing is returning to the business some 18 months aft... read more

Glencore billionaire in court for corruption over payments to Nigeria and Cameroon

By Jessica Clark Updated: 22:51 BST, 10 September 2024 A former high-flying Glencore executive appeared in court yesterday accused of bribery. Billionaire Alex ... read more

AstraZeneca chief defends China business as staff are arrested in Beijing corruption crackdown

By Hugo Duncan and John Abiona Updated: 22:01 BST, 10 September 2024 Astrazeneca’s boss said the company is ‘working very closely’ with China after th... read more

Bank set for two more interest rate cuts this year amid cooling wage growth

By John-Paul Ford Rojas Updated: 22:01 BST, 10 September 2024 Cooling wage growth looks likely to pave the way for two more interest rate cuts this year. Averag... read more

Schroders and Abrdn promote finance chiefs to top jobs in bid to revive their fortunes

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 10 September 2024 Abrdn said former finance chief and interim boss Jason Windsor would become its ... read more

Cardiff chipmaker IQE swings to profit – but shares slide amid uneven market recovery

By Mike Sheen Updated: 10:54 BST, 10 September 2024 British chipmaker IQE swung to a profit in the first half of the year as demand for its semiconductor wafers... read more

BUSINESS LIVE: Wage growth eases to 5.1%; Abrdn confirms new CEO; Centamin set for $2.5bn takeover

By Live Commentary Updated: 07:48 BST, 10 September 2024 Average weekly earnings before bonuses were up 5.1 per cent year-on-year in the three months to the end... read more