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All posts in: Business & Finance

Next expects annual profits of near £1bn – here’s why the high street retailer is soaring…

By Mike Sheen Updated: 09:55 BST, 1 August 2024 Next has upgraded full-year profit guidance after the retailer’s sales smashed expectations in the first h... read more

Fed paves way for US rate cuts as soon as next month as inflation falls towards 2%

By Leah Montebello Updated: 22:01 BST, 31 July 2024 US Federal Reserve chief Jerome Powell last night opened the door to lowering interest rates in the States a... read more

GlaxoSmithKline posts rising sales but shares slide amid fears over vaccines division

By Angus Ritchie Updated: 22:01 BST, 31 July 2024 Boost: Glaxo chief exec Emma Walmsley (pictured) GlaxoSmithKline posted rising sales yesterday – but shares ... read more

HSBC shareholders handed £2.3bn share buyback as chief exec Noel Quinn bows out

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 31 July 2024 Departing HSBC boss Noel Quinn (pictured) dished out £26.7bn during his final 18 mon... read more

Boost for London as Rio Tinto rejects calls to ditch its UK listing and concentrate on Australia

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 31 July 2024 Dual structure: Mining giant Rio Tinto has a primary listing in London and also trade... read more

Homeowners can get up to £2,000 off heat pumps and home improvements with a Halifax mortgage

Lender Halifax has launched the Green Living Reward cashback scheme  This gives mortgage cashback to people getting green home upgrades  By Sam Barker Updated... read more

Cardiff chipmaker IQE plots IPO for its Taiwanese subsidiary

By Mike Sheen Updated: 12:25 BST, 31 July 2024 British chipmaker IQE is planning to list its Taiwan operating subsidiary on the Taiwan Stock Exchange, with proc... read more

Savers should grab this easy access account for a great rate with no hassle: SYLVIA MORRIS

By Sylvia Morris Updated: 09:35 BST, 31 July 2024 Do you want a decent interest rate on your savings, but don’t want to shop around every few months? Ther... read more

Former BT chief Philip Jansen to chair troubled advertising giant WPP

By Leah Montebello Updated: 22:01 BST, 30 July 2024 Former BT chief exec and City grandee will succeed Roberto Quarta at WPP WPP has named Philip Jansen as its ... read more

Games Workshop closes in on deal to bring its Warhammer figurines to the big screen

By Angus Ritchie Updated: 22:01 BST, 30 July 2024 Games Workshop is teaming up with Amazon to create films and TV programmes based in the Warhammer universe (pi... read more

German teeters on brink of recession after its economy unexpectedly shrinks

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 30 July 2024 Slump: Germany’s GDP declined by 0.1% in the second quarter of this year German... read more

Greggs hikes price of sausage rolls and cheese sandwiches in a bid to offset soaring wage bill

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 30 July 2024 Price hikes: Sticky inflation and a pay rise for workers have driven up costs at Greg... read more

Standard Chartered launches £1.2bn share buyback following surge in profits

By John Abiona Updated: 22:01 BST, 30 July 2024 Standard Chartered is launching its largest ever share buyback following a surge in profits. The British lender ... read more

BP scales back green agenda to drill for oil in the Gulf of Mexico after £2bn profit haul

By Leah Montebello Updated: 22:01 BST, 30 July 2024 BP will drill a new oilfield in the Gulf of Mexico as it softens its green agenda in favour of fossil fuels.... read more

Diageo toasts golden year of Guinness as women fall crazy in love with stout

By Leah Montebello Updated: 22:01 BST, 30 July 2024 Women are drinking more Guinness than ever before as the surge in its popularity shows no sign of abating. A... read more

The tactic used by criminals to steal financed cars from Britain – with many ending up in Romania and Bulgaria

NaVCIS has recovered 320 stolen UK financed motors from Europe since 2021 Romania and Bulgaria account for 60% of the £9.6m of recovered cars Tactic gangs use ... read more

Half a million taxpayers set to receive ‘tax demand’ letter from HMRC: Here’s what to do if you get one

560,000 taxpayers set to receive tax demand letter in coming weeks  140,000 are expected to be pensioners now paying tax on state pension  By Angharad Carrick... read more

Drivers will have to wait another EIGHT MONTHS for FCA answers over rip-off car finance loans

The financial regulator is investigating the car finance sector over loan costs But now the FCA has been forced to extend its investigation timeline until 2025Â... read more

Foxtons: Buyers shrug off election uncertainty amid pent-up demand

Foxtons said its sales pipeline is at its highest value since Brexit vote The general election did little to change customer behaviour   By Angharad Carrick U... read more

UK ‘runs a risk’ on wind power: Mix of tech is essential, Centrica boss says

By Leah Montebello Updated: 22:09 BST, 29 July 2024 Britain ‘runs a real risk’ if it focuses too much on wind power instead of a mix of technology, the boss... read more

Fewer than half of Asda’s workers have confidence in the supermarket’s strategy

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 29 July 2024 Debt-fuelled: Asda has been flailing since it was bought in a £6.8bn deal in 2021 Fe... read more

Entain’s US joint venture BetMGM slumps to a loss as it ramps up spending on marketing

By Angus Ritchie Updated: 22:02 BST, 29 July 2024 Marketing spend: Ladbrokes owner Entain has seen its joint venture with MGM Resorts fall to a loss of £96m fo... read more

Heineken takes £750m hit on stake in Chinese brewer as European sales are hit by summer downpours

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 29 July 2024 Heineken took a £737m impairment cost after writing down the value of its 40% stake ... read more

NatWest share sell-off to the public officially scrapped by the Government

Rachel Reeves confirmed NatWest retail share sale will not go ahead It had been thought the share sale would take place in June  By Helen Kirrane Updated: 17:5... read more