Business & Finance | Express Digest

Hewlett Packard chief defends pursuit of Lynch family in £3bn fraud lawsuit after tycoon’s death

By Hugo Duncan Updated: 22:00 BST, 13 September 2024 Hewlett Packard Enterprises’s boss has hit back after his company was accused of ‘a complete lack [...]

Turbulence at Boeing as workers down tools in first strike for 16 years after rejecting a 25% pay rise

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 13 September 2024 Strike: Boeing staff walked out after rejecting a 25% pay rise. The [...]

Biden and Harris take aim at Shein over loophole that lets it dodge tariffs on small parcels

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 13 September 2024 Shein may be hit by a crackdown in the US over a [...]

Government to buy the Electricity System Operator from National Grid in £630m deal

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 13 September 2024 Clean energy transition: The Government is to buy the Electricity System Operator [...]

Tesco loses Supreme Court legal battle over plans to ‘fire and rehire’ distribution workers

By Jessica Clark Updated: 22:01 BST, 12 September 2024 Tesco has lost a Supreme Court battle with the retail workers union over ‘fire and rehire’ [...]

Revolut founder and chief exec Nik Storonsky sells £230m worth of shares

By Leah Montebello Updated: 22:01 BST, 12 September 2024 Revolut founder and chief executive Nik Storonsky has sold a chunk of shares worth as much [...]

Goldman enjoys a £70m fees windfall from £28bn Pringles sale

By Leah Montebello Updated: 22:01 BST, 12 September 2024 Goldman Sachs is set for a £70million fees bonanza from the £28billion sale of the owner [...]

Boots appoints ex-shop floor worker to take helm as US owner ponders sale of the pharmacy giant

By Emily Hawkins Updated: 22:01 BST, 12 September 2024 Boots has appointed a former Saturday boy to take the helm.Anthony Hemmerdinger will replace managing director [...]

Wet weather dampens Fevertree sales sending shares crashing to an eight-year low

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 12 September 2024 Fevertree shares crashed to an eight-year low after it warned wet weather [...]

Why the lending stopped: Too tough banking rules will cripple investment and growth, warns ALEX BRUMMER

By Alex Brummer for the Daily Mail Updated: 22:00 BST, 12 September 2024 No one ever wants to see a repeat of the great financial [...]

Nationwide, NatWest and TSB slash mortgage rates for buyers with smaller deposits

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 [...]

Trainline shares soar as fewer strike days help drive £2bn in ticket sales

UK also boosted by digital switching, while Spain and Italy lead internationally By Mike Sheen Updated: 12:07 BST, 12 September 2024 Trainline shares soared on Thursday [...]

Trump takes £300m hit as Truth Social shares tank

By Money Mail Reporter Updated: 09:23 BST, 12 September 2024 Donald Trump saw almost £300m wiped off his fortune yesterday as shares in his social [...]

Heathrow eyes expansion after breaking passenger records

By Leah Montebello Updated: 09:17 BST, 12 September 2024 A record 8m passengers flew through Heathrow last month - piling pressure on the airport to [...]

Fed to cut rates at last after drop in inflation

By John-Paul Ford Rojas Updated: 08:55 BST, 12 September 2024 The US central bank looks set to cut interest rates next week after inflation in the [...]

Zara shrugs off summer of showers as sales rise

By Emily Hawkins Updated: 08:45 BST, 12 September 2024 Zara's performance is in contrast to its fast fashion competitors, which have given gloomy updates after [...]

Ask Steve Webb your pension question for a special This is Money podcast

By This Is Money Updated: 07:00 BST, 12 September 2024 Got a question for Steve Webb? He will be answering readers on a special podcast [...]

BUSINESS LIVE: GDP growth stalls; Rightmove rejects £5.6bn REA bid; Boohoo write down on US shake-up

By Live Commentary Updated: 17:18 BST, 11 September 2024 The FTSE 100 closed down 12.04 points at 8193.94.The UK economy unexpectedly stalled in July after [...]

Vinted to alert users if they have breached threshold of selling 30 items a year under new tax reporting rules

Online platforms are required to report directly to HMRC from 1 January 2025 By Angharad Carrick Updated: 06:00 BST, 11 September 2024 Vinted will alert users [...]

Pretty Little Things founder Umar Kamani returns 18 months after stepping down

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 10 September 2024 The founder of PrettyLittleThing is returning to the business some 18 months [...]

Glencore billionaire in court for corruption over payments to Nigeria and Cameroon

By Jessica Clark Updated: 22:51 BST, 10 September 2024 A former high-flying Glencore executive appeared in court yesterday accused of bribery.Billionaire Alex Beard, 57, who [...]

AstraZeneca chief defends China business as staff are arrested in Beijing corruption crackdown

By Hugo Duncan and John Abiona Updated: 22:01 BST, 10 September 2024 Astrazeneca's boss said the company is ‘working very closely’ with China after the [...]

Bank set for two more interest rate cuts this year amid cooling wage growth

By John-Paul Ford Rojas Updated: 22:01 BST, 10 September 2024 Cooling wage growth looks likely to pave the way for two more interest rate cuts [...]

Schroders and Abrdn promote finance chiefs to top jobs in bid to revive their fortunes

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 10 September 2024 Abrdn said former finance chief and interim boss Jason Windsor would become [...]

Cardiff chipmaker IQE swings to profit – but shares slide amid uneven market recovery

By Mike Sheen Updated: 10:54 BST, 10 September 2024 British chipmaker IQE swung to a profit in the first half of the year as demand [...]

BUSINESS LIVE: Wage growth eases to 5.1%; Abrdn confirms new CEO; Centamin set for $2.5bn takeover

By Live Commentary Updated: 07:48 BST, 10 September 2024 Average weekly earnings before bonuses were up 5.1 per cent year-on-year in the three months to [...]

Ryanair boss Michael O’Leary urges air traffic chief to step down after Gatwick chaos

By Daily Mail City & Finance Reporter Updated: 22:51 BST, 9 September 2024 Ryanair boss Michael O’Leary (pictured) urged Martin Rolfe, chief exec of the [...]

Former Pizza Express chairman Luke Johnson takes over at struggling Revolution Bars

By Daily Mail City & Finance Reporter Updated: 22:51 BST, 9 September 2024 Luke Johnson made his name growing Pizza Express in the 1990s and [...]

Northvolt prepares job cuts as demand for electric cars stalls

By Daily Mail City & Finance Reporter Updated: 22:48 BST, 9 September 2024 Northvolt said it would scale back its commitments and drive down costs [...]

Kate Middleton’s wedding dress designer Sarah Burton gets top job at Givenchy

By Daily Mail City & Finance Reporter Updated: 21:50 BST, 9 September 2024 The woman who designed Kate Middleton's wedding dress has been named the [...]

Solar panel installations in Britain slump with a cold summer to blame

Consumers have fitted fewer solar panels year-on-year in 2024, experts reveal But overall the rise of solar continues, with almost 5% of homes having themBy Sam [...]

Barclays and TSB latest major lenders to cut mortgage rates – including 5% deposit deals

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 [...]

Barratt partners with Homes England and Lloyds Bank to build thousands of new properties

Partnership will be initially backed by a combined £150m in fundingThis will be funded equally by Barratt, Homes England and LloydsBy Daniel Fessahaye Updated: 14:48 [...]

The way to beat inheritance tax – but what’s the catch? This is Money podcast

By This Is Money Updated: 13:28 BST, 9 September 2024 Inheritance tax punches above its weight. It is paid by only a small minority of [...]

This is Money newsletter: What you need to know straight to your inbox

Updated: 12:45 BST, 9 September 2024 This is Money is your guide to living a richer life - and we can tell you what you [...]

Aldi UK sees sales reach record levels and says it will open 23 more stores before the end of the year

Pre-tax profit up to £536.7m from £152m for the 12 months to December 2023By Daniel Fessahaye Updated: 10:00 BST, 9 September 2024 Aldi UK sales reached [...]