Business & Finance | Express Digest

Rightmove rejects fourth REA bid as final deadline looms

REA Group has until 5pm on Monday to make a final bid or walk away Rightmove rejected requests for extra time and due diligence information By Mike [...]

Carmakers slash profit guidance as Aston Martin suffers China slowdown

By Mike Sheen Updated: 09:05 BST, 30 September 2024 Carmakers Aston Martin and Stellantis each separately warned on profits on Monday, following supply chain disruption [...]

Deloitte the latest to cut partners’ pay amid deals slowdown

By City & Finance Reporter Updated: 21:50 BST, 29 September 2024 Deloitte partners have taken a £48,000 pay cut amid a 'challenging market'The news comes [...]

Nike slump set to hit sales at JD Sports

By City & Finance Reporter Updated: 21:50 BST, 29 September 2024 Uncertain times: JD Sports has turned to stars like Maya JamaJD Sports will reveal [...]

D-day for Aussies in £7bn fight over Rightmove

Rea Group is 61% owned by Rupert Murdoch's News CorpAnalysts believe it must offer at least £7bn to stand any chance of successCompany had three proposals [...]

Tory rethink on non-doms: Shadow business secretary says crackdown could hit investment in UK

By John-Paul Ford Rojas Updated: 22:00 BST, 28 September 2024 Shadow business secretary Kevin Hollinrake has called for his party to re-think its position on [...]

End of the road for supermarket yellow discount labels? Grocers set to introduce new pricing technology

By Jessica Clark Updated: 22:00 BST, 28 September 2024 The UK’s biggest supermarkets are planning to introduce technology that allows them to update prices of [...]

Fresh blow for Titanic shipyard as Royal Navy work heads for Spain: 500 jobs at risk at Harland & Wolff

By Mark Shapland Updated: 22:00 BST, 28 September 2024 Labour will abandon plans to build support ships for the Royal Navy in Northern Ireland, with [...]

Next chief Lord Wolfson sells £30million of shares

By Emily Hawkins Updated: 21:54 BST, 27 September 2024 Cashing in: Next boss Lord WolfsonNext's boss has sold nearly £30m worth of his stock as [...]

Titanic shipyard Harland & Wolff sinks into administration

By City & Finance Reporter Updated: 21:51 BST, 27 September 2024 Titanic shipmaker Harland & Wolff has fallen into administration for the second time in [...]

Britain for sale: Foreign takeover offers soar

By John-Paul Ford Rojas Updated: 21:51 BST, 27 September 2024 The value of foreign takeover bids for UK companies has risen by 79 per cent [...]

Best week for Burberry shares since 2009

By Emily Hawkins Updated: 21:51 BST, 27 September 2024 Star quality: GB's 800m Olympic champion Keely HodgkinsonBurberry shares have clocked up their best week since 2009 [...]

Arm joins battle for US computer chip giant Intel

By City & Finance Reporter Updated: 21:50 BST, 27 September 2024 Arm has approached Intel about buying part of its computer chip business as a [...]

Booming sausage demand boosts Cranswick

By City & Finance Reporter Updated: 21:50 BST, 27 September 2024 Cranswick has hiked its profit outlook for the year amid booming demand for sausages.The Yorkshire-based [...]

Bank of England urged not to be left behind in cutting rates

By John-Paul Ford Rojas Updated: 21:50 BST, 27 September 2024 'Steady as she goes': Andrew BaileyThe Bank of England was last night urged not to [...]

House sales in August up 10% on last year as lower mortgage rates tempt more buyers to take the plunge

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 [...]

Coventry launches best buy savings deal – but you’ll only get the top rate if you open it online

Coventry BS has launched a 4.83% easy-access dealOffers a lower 4.33% if opened in branchNot strictly easy-access as you can only tap into the pot [...]

Oil plunges after Saudi Arabia abandons target to push price up to $100 a barrel

By John-Paul Ford Rojas Updated: 22:08 BST, 26 September 2024 Oil prices dipped sharply yesterday as Saudi Arabia reportedly abandoned its target to push them [...]

Watchdog warns action against Neil Woodford over fund collapse could be delayed until 2026 or later

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 September 2024 The City watchdog has warned that action against Neil Woodford may not [...]

OpenAI boss to be handed £8bn in shares as it looks to ditch ‘non-profit’ status

By Leah Montebello Updated: 22:00 BST, 26 September 2024 OpenAI boss Sam Altman is set to become a multibillionaire under plans to hand him an [...]

Morrisons recovery slows as supermarket continues to struggle under private equity ownership

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 September 2024 The recovery at private equity-owned Morrisons has stalled as sales growth slows.The [...]

Summer gloom takes its toll on H&MS: Shares tumble as bad weather, costs and competition hit business

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 September 2024 Shares in H&M tumbled as bad weather, costs and competition hit business.The [...]

South West Water owner takes £16m hit from Devon parasite contamination

By This Is Money Updated: 13:05 BST, 26 September 2024 Pennon Group has revealed a £16million hit from the parasite contamination crisis that struck Brixham, [...]

Diageo shares rise as it makes progress on restructuring despite ‘challenging’ year

By Angharad Carrick Updated: 12:08 BST, 26 September 2024 Diageo shares rose on Thursday as investors toasted strategic progress after a ‘challenging’ period for the [...]

All Bar One owner hit by summer riot disruption

M&B says slowing energy and food inflation has offset wage hikes By Mike Sheen Updated: 11:16 BST, 26 September 2024 Mitchells & Butlers' city centre hospitality [...]

Car production continues to fall as factories move to EVs

Trade body says slump is expected due to typically slow summer monthsBy Freda Lewis-Stempel Updated: 00:01 BST, 26 September 2024 Car manufacturing fell for the [...]

Paddy Power owner Flutter announces £4bn share buyback as it cashes in on dramatic US growth

By Leah Montebello Updated: 22:00 BST, 25 September 2024 Big winner: Flutter, which owns US brand Fanduel, has enjoyed huge success in the US, as [...]

Jaguar Land Rover doubles its investment in EV ‘factory of the future’ on Merseyside

By Leah Montebello Updated: 22:00 BST, 25 September 2024 Jaguar Land Rover is doubling its investment in a ‘factory of the future’ on Merseyside to [...]

Senior Bank official calls for ‘cautious, steady as she goes approach’ to rate cuts

By John-Paul Ford Rojas Updated: 22:00 BST, 25 September 2024 A senior Bank of England official has called for a ‘cautious, steady as she goes [...]

PWC partners take a £44,000 pay cut as accounting giant battles to bring down costs

By Leah Montebello Updated: 22:00 BST, 25 September 2024 PWC partners have taken a £44,000 pay cut as the accounting giant battles to bring down [...]

Cinema group Everyman bids for a blockbuster winter with a host of upcoming Hollywood releases

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 25 September 2024 Cinema group Everyman is looking for a boost from upcoming films such [...]

Scam victim payouts watered down from proposed £415,000 before new bank rules come into force

Mandatory reimbursement scheme to be run by Payment Systems Regulator By Harvey Dorset Updated: 16:40 BST, 25 September 2024 Banks must compensate fraud victims up to [...]

Barclays cuts mortgage rates: Lender now has cheapest five-year fix

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 [...]

Rightmove rejects third REA takeover bid after Murdoch-backed firm’s shares sink

Property listings website says unsolicited offer 'continues to be unattractive'By Mike Sheen Updated: 09:41 BST, 25 September 2024 Rightmove has rejected a £6.1billion takeover bid [...]

Have a question about money? Popular financial adviser James Wrigley launches new Q&A column The Wealth Builder with Daily Mail Australia

By James Wrigley for Daily Mail Australia Updated: 01:24 BST, 25 September 2024 James Wrigley, a Principal Financial Adviser with First Financial, is joining Daily [...]

Why that bank letter full of jargon could be hiding an interest rate rip-off: SYLVIA MORRIS explains

By Sylvia Morris Updated: 22:28 BST, 24 September 2024 Are you happy earning between 1.2 per cent and 1.75 per cent on your savings? I [...]