Business & Finance

Scramble to save TGI Fridays as UK operator Hostmore collapses into administration

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 18 September 2024 TGI Fridays owner Hostmore said it had appointed joint administrators from TeneoThe [...]

Blow for British Steel as Chinese-owned firm reveals losses have hit £400m

By Jessica Clark Updated: 22:01 BST, 18 September 2024 Fears over the future of British Steel are mounting after the Chinese-owned company revealed that losses [...]

Boss of drinks giant Campari steps down after less than six months in the job

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 September 2024 Stepping down: Campari boss Matteo Fantacchiotti had less than six months in [...]

John Lewis sales bounce back after it brings back its ‘never knowingly undersold’ pledge

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 September 2024 Sales up: John Lewis said it is on course for significantly higher profits [...]

Mini-nukes boost for Rolls-Royce as it wins contract to build reactors for the Czech government

By Jessica Clark Updated: 22:00 BST, 18 September 2024 Rolls-Royce’s nuclear power ambitions received a major boost last night as the firm secured a key [...]

BUSINESS LIVE: Inflation steady at 2.2%; L&G to sell housebuilder CALA; M&C Saatchi profits soar

By Live Commentary Updated: 16:26 BST, 18 September 2024 Consumer price inflation came in at 2.2 per cent for August, unchanged on the previous month [...]

Philip Morris agrees to sell on UK asthma inhaler maker Ventura after a backlash over its takeover

By Daily Mail City & Finance Reporter Updated: 22:11 BST, 17 September 2024 Philip Morris bought British asthma inhaler maker Vectura for £1.1billion three years agoPhilip [...]

Shares in THG plunge despite the firm announcing plans to spin off its technology arm

By Emily Hawkins Updated: 22:11 BST, 17 September 2024 Troubled THG failed to stave off a share sell-off yesterday despite announcing plans to spin off [...]

ITV set to lose millions from Government ban on junk food adverts before 9pm

By Daily Mail City & Finance Reporter Updated: 22:11 BST, 17 September 2024 Food fight: ITV boss Carolyn McCall has hit out against the move [...]

Global expansion drives Pret sales to £1bn: UK-based coffee chain opened 81 shops abroad last year

By Emily Hawkins Updated: 22:11 BST, 17 September 2024 Pret A Manger global sales jumped to above £1billion last year as it pursued international expansion.The [...]

Taylor Swift superfans lift Universal Music as record giant predicts booming profits

By Daily Mail City & Finance Reporter Updated: 22:10 BST, 17 September 2024 Hitmaker: Universal's artists include Taylor Swift (pictured) and Elton JohnSuperfans are expected [...]

Online sellers face ‘ticking time bomb’ over new tax rules, charities warn

By Lucy Evans Updated: 22:03 BST, 17 September 2024 HMRC has been accused of failing to do enough to make online sellers aware that they [...]

Fintel shares drop as UK’s fintech takeover spree pushes costs higher

Total revenue growth up 13% Y-O-Y to £35.7m for the six months ended 30 JuneAdjusted earnings climbed by 7 per cent to £9.6millionBy Daniel Fessahaye [...]

Essentra shares nosedive as European weakness hits profits

By Mike Sheen Updated: 12:21 BST, 17 September 2024 Essentra shares fell by more than a quarter this morning with a third-quarter slump in demand [...]

Small businesses face biggest growth slump for five years

By Harvey Dorset Updated: 06:00 BST, 17 September 2024 More than a third of small business owners said 2024 has been the slowest year for [...]

Are Gen Z killing off paper receipts? Majority of young shoppers opt for digital copies instead

By Harvey Dorset Updated: 06:00 BST, 17 September 2024 More than three quarters of shoppers said they would switch to digital receipts after finding out [...]

UK should copy Australian and Canadian pension schemes to boost investment, says Phoenix boss

By Jessica Clark Updated: 22:02 BST, 16 September 2024 The boss of the UK’s biggest pensions and savings business has said Britain’s retirement funds should [...]

MP backs import ban for forced labour products and calls for increased scrutiny of Chinese web giant Shein

By Emily Hawkins Updated: 22:02 BST, 16 September 2024 The MP who leads the business select committee has called for increased scrutiny of Chinese fast [...]

Deliciously Ella founder makes a tasty profit as she sells brand to Swiss food maker Hero Group

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 16 September 2024 Deal: Food blogger Ella Mills (pictured) has sold her Deliciously Ella brand [...]

HBOS scandal victims demand swifter verdict from the review into after seven year wait

By Leah Montebello Updated: 22:01 BST, 16 September 2024 Review: HBOS scandal victims have been left waiting more than seven years for a verdictFurious victims [...]

Job fears as Titanic shipbuilder sinks into administration: Harland & Wolff hits the wall after cash crisis

By Leah Montebello Updated: 22:01 BST, 16 September 2024 Titanic ship maker Harland & Wolff has confirmed it will fall into administration for the second [...]

Public investment holdup will hurt Britain’s growth, leading economists tell Reeves

By Jessica Clark Updated: 22:01 BST, 16 September 2024 Leading economists have warned the Chancellor that holding back public investment will damage Britain’s growth.In a [...]

EXCLUSIVE: Metro Bank to cut hundreds of jobs as it pushes ahead with its £80m cost-cutting plan

By Jessica Clark Updated: 22:00 BST, 16 September 2024 Metro Bank will today set out hundreds of job cuts as it pushes ahead with its [...]

Playtech shares soar as it strikes a deal with Mexican gambling operator

London-listed gambling tech firm will obtain 30.8% stake in Cali Interactive The firm also receive an additional $140m (£106m) from Cali InteractiveBy Daniel Fessahaye Updated: 13:13 [...]

Phoenix Group halts plans to sell SunLife business

It said it will not sell due to the 'current uncertainty in the protection market'By Daniel Fessahaye Updated: 10:11 BST, 16 September 2024 Phoenix Group revealed [...]

BUSINESS LIVE: Playtech strikes deal with Calipay; Phoenix Group shelves Sun Life sale; Close Brothers CEO on temporary leave

By This Is Money Updated: 09:23 BST, 16 September 2024 Among the companies with reports and trading updates today are Playtech, Phoenix Group, Close Brothers [...]