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

All posts in: Business & Finance

Engineer AES seals record £56m in profits amid major factory investment

AES was founded in 1979 by entrepreneur Chris Rea  By Patrick Tooher Updated: 22:00 BST, 24 August 2024 An engineering firm that made seals for the Thames Barr... read more

Mike Ashley’s daughter made director of his retail empire

Matilda Ashley, 27, is now a director of Mash Holdings  By City & Finance Reporter Updated: 08:19 BST, 24 August 2024 Tough decisions: Mike Ashley Mike Ash... read more

City watchdog chairman under fire for revealing whistleblower’s identity

By City & Finance Reporter Updated: 08:19 BST, 24 August 2024 The City watchdog chairman is under fire for revealing a whistleblower’s identity. Ashle... read more

Insurance giant Hiscox appoints new chairman after Bayesian tragedy

By Jessica Clark Updated: 08:14 BST, 24 August 2024 Tragedy: Jonathan Bloomer died when the Bayesian was hit by a water tornado  Insurance giant Hiscox has ... read more

Burberry faces FTSE 100 relegation in fresh blow for beleaguered brand

New Burberry boss Joshua Schulman already faces a daunting task  By Emily Hawkins Updated: 08:13 BST, 24 August 2024 Solemn: Iris Law is a Burberry ambassador ... read more

Major French bank to stop dealing on London Metal Exchange

Societe Generale’s exit on Tuesday will leave the LME Ring with seven members  By City & Finance Reporter Updated: 08:09 BST, 24 August 2024 The thir... read more

Blow for Direct Line as it suffers figures blunder

The FTSE 250 firm miscalculated a measure of its financial strength  By Jessica Clark Updated: 08:09 BST, 24 August 2024 Insurer Direct Line has revealed an ac... read more

What is the VIX? How you can profit from stock market volatility with Wall Street’s ‘fear index’

Weak US job data in July & higher interest rates in Japan saw price of VIX soar By Daniel Fessahaye Updated: 07:00 BST, 24 August 2024 You may have noticed... read more

Gold price hits record high – should you invest in the precious metal? This is Money podcast

By This Is Money Updated: 16:52 BST, 23 August 2024 Gold has hit record highs this week and has rocketed so far this year. What’s driving the price and how do... read more

Thames Water must go back to investors for cash fundraise, says watchdog

By Mike Sheen Updated: 12:25 BST, 23 August 2024 Thames Water must prepare to go cap in hand to investors for a cash fundraise as part of an agreement with the ... read more

Junior lawyers handed £40,000 for referring talent as hiring heats up

By Leah Montebello Updated: 09:05 BST, 23 August 2024 Top law firms are now offering junior employees nearly £40,000 to refer fresh talent as the war for lawye... read more

France toasts Olympics boost but Euros fail to score German growth

By Jessica Clark Updated: 08:48 BST, 23 August 2024 France’s economy was given an Olympics boost this month but there was no such luck for Germany during... read more

Danish pharma giant Bavarian Nordic secures deal for 440k mpox jabs

By Jessica Clark Updated: 08:40 BST, 23 August 2024 A Danish pharma giant with the only approved mpox jab in the US and Europe has done a deal to make 440,000 v... read more

Starbucks boss in hot water over private jet flights

By Emily Hawkins Updated: 08:28 BST, 23 August 2024 CEO Brian Niccol does not have to move to the coffee chain HQ in Seattle. The new Starbucks boss’s 1,000-m... read more

Nestle says cheerio to boss after eight years

By Leah Montebello Updated: 08:16 BST, 23 August 2024 Nestle’s chief executive Mark Schneider will step down after eight years at the top as sales continue to... read more

Energy bills will rise by 10 per cent as Ofgem confirms new price cap – with the average home paying £149 more a year

The price of gas and electricity will now rise over the colder winter months  The news comes as a blow to pensioners already losing Winter Fuel Payments By Sam... read more

How the Treasury is raking in near record levels of inheritance tax – as grieving families hand £749million last month alone

By Lucy Evans, Money Reporter Updated: 02:27 BST, 22 August 2024 Grieving families handed over £2.8billion in inheritance tax in the first four months of the t... read more

Major automaker announces HUNDREDS of layoffs at huge plant

By Ishita Srivastava For Dailymail.Com Updated: 14:55 BST, 21 August 2024 General Motors announced that it will lay off about 1,000 of its employees globally &... read more

Mobico eyes sale of US bus business to slash debt pile as profits recover

The National Express owner reported total first-half operating profits of £45.5m Trading benefited from a record performance by its Spanish subsidiary ALSA  ... read more

Asda lags behind rivals as sales and market share fall, data claims

Asda sales fell 6.4% in the four weeks to 10 August, industry data claims  By Jane Denton Updated: 12:12 BST, 21 August 2024 Asda sales fell 6.4 per cent in th... read more

NatWest cuts remortgage rates… but hikes interest for movers and first-time buyers

The latest re-pricing follows cuts by HSBC, TSB and Barclays yesterday  By Ed Magnus Updated: 12:07 BST, 21 August 2024 NatWest is the latest bank to announce ... read more

Waitrose opening 100 new convenience stores in £1bn revamp

The first new Waitrose store in six years will open in Hampton Hill this year  By Jane Denton Updated: 10:49 BST, 21 August 2024 Waitrose plans to open 100 new... read more

Waitrose opening 100 new convenience stores in £1bn revamp

The first new Waitrose store in six years will open in Hampton Hill this year  By Jane Denton Updated: 10:49 BST, 21 August 2024 Waitrose plans to open 100 new... read more

Two former BHS directors ordered to repay £110m to creditors

By Emily Hawkins Updated: 10:18 BST, 21 August 2024 Payout: Two former bosses of BHS have been ordered to pay £110m to creditors Two former bosses of failed d... read more