Business & Finance | Express Digest

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 [...]

Vertu Motors profits hit by higher costs

Vertu revealed its adjusted pre-tax profits plummeted by around 25% to £23.5mProfits were hurt by the national minimum wage hike and increasing staff levelsBy Harry [...]

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 'meaningful [...]

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 [...]

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 warnsBy Sam Barker Updated: 00:02 BST, 16 October 2024 Half of pensioners losing the [...]

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 [...]

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 [...]

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 [...]

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 ‘talking down’ [...]

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 [...]

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 [...]

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 [...]

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

Sports nutrition group hopes to raise £340m and £400m from London IPORetail investors can register to buy shares via three platforms By Mike Sheen Updated: 09:42 [...]

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 best-selling SUV has [...]

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 [...]

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 [...]

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 TPPA leading data scientist has hailed [...]

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 [...]

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 [...]

Fraud complaints about Revolut rise 146% in just two years

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

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 doBy Helen Kirrane Updated: 12:47 BST, 14 October 2024 Savers can [...]

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 Mike [...]

EasyJet hires rail freight exec as CFO ahead of leadership shake-up

Jan De Raeymaeker joins as Kenton Jarvis prepares to take top job By Mike Sheen Updated: 09:55 BST, 14 October 2024 Jan De Raeymaeker joins EasyJet as [...]

Virtual Assistants: The Secret Weapon Transforming Small Businesses

For many small business owners, "doing it all" has been the default setting. You’re managing social media, handling invoices, taking care of customer service, and [...]

A Beginner’s Intro to Bankruptcy

Bankruptcy can seem like an intimidating process, especially for those unfamiliar with how it works. However, for individuals facing significant financial challenges, bankruptcy can offer [...]

Retail and hospitality sectors approach £2.7bn cliff edge

By John-Paul Ford Rojas Updated: 00:05 BST, 14 October 2024 Retail, leisure and hospitality firms across England are facing a £2.66billion 'cliff edge' when a [...]

‘Ageist’ employers dump ill over-50s on the scrapheap

By John-Paul Ford Rojas Updated: 00:05 BST, 14 October 2024 Concern: Millions of older workers face 'years of financial uncertainty'Over-50s with long-term health conditions are [...]

Netflix sales soar again in streaming war boost

US giant cashing in on initiatives including clampdown on account sharing Netflix has also made gains in non-English speaking marketsCheaper subscriptions which include adverts is also helpingBy [...]

Software firm TPP develops AI tool that slashes GP appointment no-shows… and it could save the NHS a fortune

By Patrick Tooher Updated: 09:39 BST, 13 October 2024 The number of patients who fail to turn up for a doctor's appointment has been cut [...]

Labour’s flagship investment summit mired in comedy of errors

By Patrick Tooher And John-paul Ford Rojas Updated: 21:51 BST, 12 October 2024 Eric who? : Google's ex- boss is called 'Ed' on an inviteThe [...]

Oliver Sweeney puts best foot forward with record profits

By City & Finance Reporter Updated: 21:51 BST, 12 October 2024 Suited and booted: The shoemaker now sells clothingOliver Sweeney has posted record profits as [...]

Canadian helium firm Pulsar plans London float

By Jessica Clark Updated: 21:50 BST, 12 October 2024 A Canadian helium exploration company is plotting a UK listing in a boost for the City.Pulsar [...]

Rachel Reeves’s Heathrow boast causes hilarity in City

By City & Finance Reporter Updated: 21:50 BST, 12 October 2024 Rachel Reeves's boast that Heathrow is having to 'expand their VIP section' to accommodate [...]

Could we turn pension saving into a fix for our finances? This is Money podcast

By This Is Money Updated: 11:24 BST, 12 October 2024 As a country that feels it bodges so much stuff up, it’s even more important [...]

Why share prices and bonds look good for investors now – a chief investment officer explains

By This Is Money Updated: 09:26 BST, 12 October 2024 Investors find themselves in an unusual position right now. Concerns abound over everything from politics, [...]

Mike Ashley raises Mulberry bid to £111m

By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Slowdown: Mulberry has suffered a slump in sales and profitsMike Ashley last night raised his [...]