Business & Finance

Get insights on markets, investing, personal finance tips, and the latest economic developments.

Halifax slashes minimum deposit required to buy a new build home to just 5%

 Halifax has announced it is lowering the deposit required to buy new build houses, in a move that could help some first time buyers get [...]

Stagecoach posts £1.17bn revenue but does not resume dividend

Government contracts drive Stagecoach revenues to £1.2bn but its board rejects return to investor dividend paymentsStagecoach  raked in £1.17bn worth of revenue, preliminary results showThe [...]

Should you reduce pension saving? Why it’s short-term gain, long-term pain

Workers facing money pressures are being urged not to abandon or cut pension contributions due to the damage this could wreak on their future finances.One [...]

Why paying thousands to escape your mortgage could save you money

Homeowners are paying hefty fees to exit fixed mortgage deals early before interest rates rise.It may sound counter-intuitive to try to cut bills by spending [...]

HMRC pledges crackdown on ‘unscrupulous’ tax refund firms

HMRC pledges crackdown on 'unscrupulous' tax refund firms that charge hefty fees for simple claimsHMRC has launched a consultation to tackle misleading adverts'Tax agents' can [...]

Consumers will NOT see energy bills rise amid £21bn upgrade, Ofgem says

Ofgem plans to pump £21bn into electricity network upgrades but regulator says consumers will NOT see their energy bills rise furtherOfgem has set out a [...]

How to reverse unfair parking fines: Over half of appeals succeed 

More motorists need to hold their nerve and appeal unfair parking charges. Money Mail analysis shows that few people contest their parking tickets. Yet they [...]

Are you on a nuisance caller’s sucker list?

Norma Whittard, 85, has always kept a tight grip on her finances. So when her niece, Harriet, spotted streams of new direct debit arrangements on [...]

Energy firms hike early exit fees to as much as £600

Energy firms hike early exit fees to as much as £600 ahead of October price cap riseBy Tilly Armstrong For The Daily Mail Published: 22:00 [...]

Jupiter chief exec Andrew Formica quits to ‘sit on the beach’

Jupiter chief quits to 'sit on the beach': Andrew Formica to stand down in October after less than four years in the jobBy Hugo Duncan [...]

American owners abandon Boots sale sparking talk of a float

American owners abandon Boots sale: Plans for a stock market float for 173-year-old High Street chemist could be revivedBy Archie Mitchell For The Daily Mail [...]

Lawyer could face jail after evidence in Ocado probe burned 

Top lawyer could face jail after he ordered evidence in Ocado corporate espionage probe to be burnedBy Luke Barr For The Daily Mail Published: 22:17 [...]

ECB chief to unleash first rate hike since 2011

European Central Bank chief Christine Lagarde to unleash first rate hike since 2011 in battle with inflationBy Hugo Duncan for the Daily Mail Published: 22:14 [...]

Staff exam cheats land Ernst & Young a record £82m fine

Big Four accountant Ernst & Young handed record £82m fine after 49 members of staff cheated in a US examBy Daily Mail City & Finance [...]

Arm boss claims chip maker’s £40bn float will spark a hiring boom

Arm boss claims chip maker's upcoming £40bn float will spark a hiring boom and accelerate expansionBy Daily Mail City & Finance Reporter Published: 22:09 BST, [...]

South West Water is latest firm to be targeted in Ofwat probe

South West Water is latest firm to be targeted in Ofwat probe into suppliers' environmental performanceBy Daily Mail City & Finance Reporter Published: 22:08 BST, [...]

MARKET REPORT: Chairman’s £1m vote of confidence in THG

The chairman of The Hut Group has snapped up almost £1million of shares three months after joining the embattled firm.In a vote of confidence in [...]

Billionaire plots to double workforce at Oxfordshire battery maker

Australian billionaire plots to double workforce at Oxfordshire battery makerBy Francesca Washtell For The Daily Mail Published: 22:05 BST, 28 June 2022 | Updated: 22:05 [...]

ALEX BRUMMER: Walgreens failed mission to sell Boots

Blame for the collapse of the Walgreens sale of Boots is being put down to sudden changes in market conditions.Most obviously, surging interest rates across [...]

When topping up your state pension WON’T pay

When topping up your state pension WON'T pay: Former pensions minister Steve Webb slams DWP's NI website as 'confusing' and 'misleading'To get full state pension [...]

SALLY SORTS IT: Compensation claim that turned into a car crash

SALLY SORTS IT: Left waiting three years for my car crash compensation even though other driver admitted full liabilityBy Sally Hamilton For The Daily Mail [...]

Savers pile billions into NS&I accounts

Savers pile billions into NS&I accounts after state-backed bank restores its customer service reputationBy Sylvia Morris For The Daily Mail Published: 22:00 BST, 28 June [...]

SALLY HAMILTON: It’s time to go to war on the scammers  

SALLY HAMILTON: The fraud pandemic is continuing apace... it's time to go to war on scammersBy Sally Hamilton For The Daily Mail Published: 22:00 BST, [...]

The ‘wool’ M&S jumper that’s only a third wool

Thousands of shoppers are discovering items ordered from reputable retailers are not what they expected.Complaints about goods that were poor quality, faulty or not as [...]

Can a pension detective track down your lost nest eggs?

Retirees are facing a lost pension cash crisis with billions of pounds languishing in forgotten accounts.Fresh analysis of figures dating back to 2008 shows a [...]

Petrofac boosted by higher oil prices and production volumes

Petrofac boosted as higher oil prices and production levels lead to energy services firm upholding outlookPetrofac expects to produce over 500,000 barrels per day of [...]

UK automotive jobs could be at risk as energy bills soar 50%

It's not just households who are facing escalating gas and electricity bills. Britain's automotive sector has today spoken out about facing a 50 per cent increase [...]

National Bank of Egypt’s new best buy one-year savings rate at 2.7%

National Bank of Egypt launches new best buy one-year fixed savings deal at 2.7%: Is it a safe bank to put your cash into?UK-arm of [...]

Heathrow CEO condemns plans to reduce passenger charges

Heathrow boss warns aviation regulator's plan to slash airline fees by 6% will see 'passengers getting a worse experience'The CAA's proposed cap is equivalent to [...]

Red Bull to make its own hypercar that costs £6M and ISN’T road legal

Should you feel the urge to harness your inner Max Verstappen, then the hi-tech arm of F1 racing group Red Bull has just the thing [...]

Warning that inflation means half feel ‘priced out’ of healthy food

Is food inflation preventing people eating well? Warning that half of Britons feel 'priced out' of healthy products amid fears of a decline in imported [...]

Wimbledon homes for sale – including Simon Cowell’s second London home

After a three-year absence, Wimbledon is back - and so is our look at properties for sale that are within a short stroll of Centre [...]

M&C Saatchi urges shareholders to reject ‘high risk’ Vin Murria bid

M&C Saatchi goes on the defensive as ad agency again urges shareholders to reject Vin Murria's 'low price and high risk' takeover bidM&C Saatchi has [...]

Is the US stock market cheap enough to invest in again?

Many investors view long term US prospects favourably but have shied away from pricey valuations in recent years.The US market carnage might now be reaching [...]

What does it take to become a first time buyer today?

It seems with every passing year the homeownership aspiration shared by so many young Britons becomes an even more distant dream.Surging house prices, soaring inflation [...]

Why we can’t just print more money: Storm over Bank of England book

The learning curve is steep. Only now, after more than a decade of keeping the Bank of England’s printing presses running, a new generation is [...]