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All posts in: Business & Finance

Barclays is shamed for closing most branches

By Jessica Clark Updated: 21:50 GMT, 3 February 2024 Barclays has been named and shamed as the bank planning to close most branches this year. The High Street l... read more

CITY WHISPERS: Electricity firm Bboxx in shock relocation – to Rwanda

By Calum Muirhead Updated: 21:50 GMT, 3 February 2024 The Government’s attempt to ship asylum-seekers to Rwanda has been a hot issue of late.  But while ... read more

Issa brother seeks to offload his Asda stake

By Patrick Tooher And Richard Marsden Updated: 21:50 GMT, 3 February 2024 The rift between the billionaire brothers who co-own Asda deepened last night amid rep... read more

Exxon Mobil and Chevron report second-biggest annual profits haul in decade

By City & Finance Reporter Updated: 22:13 GMT, 2 February 2024 U.S. oil giants Exxon Mobil and Chevron have reported their second-biggest annual profits hau... read more

Donald Trump: I’ll sack head of US Federal Reserve

By City & Finance Reporter Updated: 22:12 GMT, 2 February 2024 Tough talk: Donald Trump said he would not reappoint Jerome Powell Donald Trump has said he... read more

SHARE OF THE WEEK: After Shell’s second biggest annual profit, attention turning to BP

By City & Finance Reporter Updated: 22:11 GMT, 2 February 2024 After Shell posted its second biggest annual profit of all time this week, attention will tur... read more

INVESTING EXPLAINED: What you need to know about neobanks

By City & Finance Reporter Updated: 22:10 GMT, 2 February 2024 In this series, we bust the jargon and explain a popular investing term or theme. Here itR... read more

Bank of England warns rate cuts ‘still some way off’

By Jessica Clark Updated: 22:10 GMT, 2 February 2024 Interest rate cuts are ‘still some way off’, a leading Bank of England official warned yesterda... read more

Founder Julian Dunkerton plots bid for Superdry

By Emily Hawkins Updated: 21:50 GMT, 2 February 2024 Poised to make offer: Julian Dunkerton, with wife Jade Superdry shares more than doubled after its founder ... read more

Why would the Bank of England cut rates this year? This is Money podcast

By This Is Money Updated: 17:38 GMT, 2 February 2024 The Bank of England held base rate once again at 5.25 per cent, the fourth hold in succession – but this ... read more

Make Sure You Stay in Touch With These Companies as a Small Business

There are a lot of things to consider when running a small business, such as managing your budget and acquiring a lucrative customer base. However, it should al... read more

Hipgnosis management shake-up amid spat with board of Songs fund

The Canadian is being replaced by chief operating officer Ben Katovsky Mercuriadis will become the chairman of Hipgnosis Songs Management By Harry Wise Updated:... read more

Revolution Beauty faces pre-action letter from Chrysalis after share price slump

Chrysalis lost around 90% buying shares between July 2021 and late 2022  By Mike Sheen Updated: 12:00 GMT, 2 February 2024 Revolution Beauty has received a pre... read more

YouGov back on track to meet profit guidance as sales accelerate

YouGov reported like-for-like sales increased in the six months ending January It credited the result to ‘stable demand’ in its data products and re... read more

Nationwide hikes mortgage prices even as base rate is held – in wake of a move by rival Santander

It comes as the Bank of England continus its painful battle against inflation  By John Paul-ford Rojas Updated: 09:30 GMT, 2 February 2024 Britain’s bigg... read more

BUSINESS LIVE YouGov sales accelerate; Hipgnosis shake-up; Meta shares soar

By Live Commentary Updated: 07:57 GMT, 2 February 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are YouGov, Re... read more

Three mobile customer wins £250 after firm charges her for handset she had already paid off

Author Karen Storey was allowed to overpay for her Three mobile phone Upon discovering the issue, Storey contacted Three and it refused to refund her Now the mo... read more

Facebook owner Meta to pay first dividend as three tech giants post bumper figures

By Leah Montebello Updated: 22:47 GMT, 1 February 2024 Facebook owner Meta said it will pay its first dividend as three of the world’s biggest tech firms post... read more

TSB axes jobs and branches as Spanish owner Sabadell announces £29m restructuring plan

By Daily Mail City & Finance Reporter Updated: 22:46 GMT, 1 February 2024 High street bank TSB says it will cut jobs and close branches this year. The lende... read more

Ferrari roars ahead: Italian car maker posts profits of more than £1bn for the first time

By Daily Mail City & Finance Reporter Updated: 22:46 GMT, 1 February 2024 Ferrari shares rocketed as the Italian car maker posted profits of more than £1bi... read more

Tesla plots Texas move: Musk vows to relocate electric car firm after £44bn pay snub

By Leah Montebello Updated: 22:46 GMT, 1 February 2024 Elon Musk has said Tesla will look to move the company’s legal base to Texas – just days after a Dela... read more

Shell profits tumble 30%… but  energy giant still rakes in more than £22bn

By Jessica Clark Updated: 22:45 GMT, 1 February 2024 Shell’s profits tumbled by almost 30 per cent last year – but the energy giant still made more than £2... read more

Bingo! Mecca prepares for a full house this Mother’s Day – its busiest day of the year

By Daily Mail City & Finance Reporter Updated: 22:25 GMT, 1 February 2024 Eyes down: Mother’s Day attracted 29,000 visits to Mecca sites in the UK last ye... read more

Now Endeavour boss is accused of sexual misconduct after being ousted over irregular payments

By Jessica Clark Updated: 22:19 GMT, 1 February 2024 Former Endeavour boss Sebastien de Montessus was ousted last month over an irregular £4.6m payment The sac... read more