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All posts in: Business & Finance

Bumper US interest rate cut ‘on a knife edge’

By Hugo Dunc Updated: 21:51 BST, 6 September 2024 Interest rates in the United States look set to be cut this month for the first time since Covid-19 struck mor... read more

Hospitality tycoon Richard Caring nears £1bn deal to offload The Ivy

By Daily Mail Updated: 21:51 BST, 6 September 2024 ‘King of Mayfair’: Richard Caring is set to sell the Ivy Collection Hospitality tycoon Richard C... read more

Unilever finally ditching Russian business after years of criticism

Consumer giant refused to pull out of country in the wake of Ukraine invasion  Russian media now say a sale has been agreed with chemicals group Arnest Deal is... read more

Industry woe for ‘the sick man of Europe’ Germany

By City & Finance Reporter Updated: 21:51 BST, 6 September 2024 Germany underlined its status as ‘the sick man of Europe’ as its once-mighty ind... read more

Nissan car factory workers at the Sunderland plant learn sign language to support deaf colleagues

Four members of the team at the North East car factory are deaf By Rob Hull Updated: 15:17 BST, 6 September 2024 Nissan UK has confirmed its assembly line team ... read more

Car crashes peak at this particular time of day, according to insurance claims data – and it’s NOT rush hour

Allianz says it receives the highest volume of accident claims at this time By Rob Hull Updated: 14:16 BST, 6 September 2024 Drivers, particularly parents, are ... read more

Nationwide’s £2.9bn takeover of Virgin Money set to be completed in early October

The takeover will create an enlarged business with around 24.5m customers Both the PRA and FCA have given their ‘requisite consent’ to the £2.9bn t... read more

BUSINESS LIVE: House prices up 4.3%; Virgin Money takeover given green light; Berkeley on track to hit guidance

By Harry Wise Updated: 11:20 BST, 6 September 2024 Among the companies with reports and trading updates today are Berkeley Group Holdings, Nationwide, GSK, and ... read more

Chinese police quiz AstraZeneca employees over drug imports

By Leah Montebello Updated: 09:35 BST, 6 September 2024 Several AstraZeneca staff are under investigation in China for allegedly breaking the law. The UK pharma... read more

Primark’s UK sales set to fall at faster rate following wet summer

By Emily Hawkins Updated: 09:31 BST, 6 September 2024 Hot Right Now: Singer Rita Ora (pictured) has a clothing collaboration with Primark  Primark suffered a s... read more

Investing Strategy: How to Invest in Liquid Funds

Liquid funds are a popular investment choice for individuals seeking a safe and accessible investment option with relatively high liquidity. They are debt mutua... read more

British Isa plans to encourage investment in London-listed stocks looks set to be scrapped

By Lucy Evans, Money Reporter and Harvey Dorset Updated: 12:50 BST, 5 September 2024 Plans for a British Isa have reportedly been scrapped by the Government eve... read more

Mortgage rate cuts continue as Santander reduces 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 as possible. What... read more

Nvidia boss loses £20bn in record stock rout

By Leah Montebello Updated: 07:58 BST, 5 September 2024 The boss of Nvidia is nursing losses of over £20bn as shares tumble from their all-time high.  Jensen ... read more

Popular ice cream company behind Hershey’s files for bankruptcy- crippled by listeria recall

By Ishita Srivastava For Dailymail.Com Updated: 02:07 BST, 5 September 2024 A popular ice cream company that manufactures Hershey’s cakes has declared ban... read more

Would you get hit by a Labour Budget tax raid? This is Money podcast

By This Is Money Updated: 17:20 BST, 4 September 2024 A bad news Budget looks to be on the cards as Labour continues to pour cold water on optimism its own elec... read more

Hilton Food Group profits jump amid volume growth in core meats

Hilton revealed its half-year adjusted pre-tax profits climbed 37.8% to £33.5m Firm’s turnover declined to £1.9bn, but still rose by 1% on a like-for-li... read more

Are Premium Bonds set to become less attractive? SYLVIA MORRIS gives her verdict

By Sylvia Morris Updated: 11:04 BST, 4 September 2024 Premium Bonds are extremely popular, with the prize draw fund currently at 4.4 per cent. And investors bou... read more

NS&I quietly cuts its 5.15% bond on offer to 250,000 savers after five weeks… just as SYLVIA MORRIS warned

By Sylvia Morris Updated: 11:02 BST, 4 September 2024 National Savings & Investments (NS&I) ­quietly cut the astounding 5.15 per cent rate it was offer... read more

BUSINESS LIVE: Barratt Developments profits slump; M&G investors pull £1.5bn; Direct Line misses half-year forecasts

By Harry Wise Updated: 09:39 BST, 4 September 2024 Among the companies with reports and trading updates today are M&G, Barratt Developments, CAB Payments, S... read more

Spanish bank BBVA given green light to take control of TSB

By Daily Mail Reporter Updated: 09:31 BST, 4 September 2024 A Spanish lender has been given the green light by regulators to take indirect control of TSB – if... read more

Watches of Switzerland ‘on track’ to meet expectations amid luxury recovery

WOSG expects to post 2025 revenues of roughly £1.7bn next year By Daniel Fessahaye Updated: 14:57 BST, 3 September 2024 Watches of Switzerland revealed it was ... read more

Rolls-Royce sees £3bn of value wiped off as engine troubles are unmasked – but share price regains ground today

Rolls-Royce shares sank by 6.5%, reducing its value by £2.7bn yesterday Share price back up 3.3% today  By John Abiona and Daniel Fessahaye Updated: 12:14 BST... read more

Labour urged to fix broken business rates regime to save the High Street

By Emily Hawkins Updated: 11:39 BST, 3 September 2024 High Street shops have said that next month’s Budget is a ‘golden opportunity’ to fix th... read more