Business & Finance | Express Digest

Markets brace as all eyes on Federal Reserve at Jackson Hole

World's top central bankers gathering in Wyoming to discuss global economyExperts expect Fed's Jerome Powell to signal cut in borrowing costs It comes after US economy thrown [...]

Home inheritance a thing of the past, says study from estate agency Hamptons

By Anne Ashworth Updated: 21:51 BST, 17 August 2024 For decades, inheriting a property has been one of the surest routes to financial security, thanks [...]

VistaJet launches £330m claim over alleged smear campaign

By Adam Luck Updated: 21:50 BST, 17 August 2024 A storm is brewing in the private jet sector over a £330 million court case that [...]

New study finds that for women it is harder to screen out the demands of family life when working from home

By John-Paul Ford Rojas Updated: 21:50 BST, 17 August 2024 Hop on a conference call or take the children to school? For men working from [...]

TONY HETHERINGTON: Debt collectors Lowell back to haunt reader after four years

Banned: Ryan Fraser ran Global Wine ExchangeA serial scammer who specialises in cheating wine investors has been banned from acting as a director of a [...]

PwC hit by £15m fine over London Capital & Finance fraud failings

By Mark Shapland Updated: 21:51 BST, 16 August 2024 PWC has been fined £15m for failing to warn of suspected fraud at London Capital & [...]

Are easyJet shares a buy at this depressed level?

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 The shares of this £3.3billion member of the FTSE 100 have fallen by 13 [...]

Gold hits all-time high: Precious metal tops $2,500 an ounce for first time

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 Gold prices have risen to an all-time high.The precious metal topped $2,500 an ounce [...]

Economics professor set to join rate-setters at the Bank of England

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 New appointment: Rachel Reeves confirmed that economics professor Alan Taylor will join the nine-strong [...]

What does the latest inflation data mean for our finances for the rest of 2024? This is Money podcast

By This Is Money Updated: 16:04 BST, 16 August 2024 This week, the consumer prices index measure of inflation nudged higher to 2.2 per cent.But [...]

UK retail sales boosted by Euro 2024 and summer discounting

Retail sales increased by 0.5% last month, according to the latest ONS figuresSales were spearheaded by department stores and sports equipment shops By Harry Wise Updated: [...]

Bank of Mum and Dad to pay £30BILLION to help children buy homes in next three years

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 [...]

Water firms slammed for poor customer service when supply cut off

Many customers in need were not given the right level of care by water firmsBy Sam Barker Updated: 09:14 BST, 16 August 2024 Water companies [...]

Offshore wind developer Orsted drops green ‘mega’ plant plans

By Emily Hawkins Updated: 22:06 BST, 15 August 2024 Blow: Orsted is the largest offshore wind developerThe world’s largest offshore wind developer Orsted has ditched [...]

New Starbucks boss lands bumper £88million pay package – and can work from the beach!

By Emily Hawkins Updated: 22:06 BST, 15 August 2024 Payday: Brian Niccol (pictured) is known as the ‘Messi of the restaurant industryThe new Starbucks boss [...]

Give schools a stake in NatWest and teach youngsters about investing, says UK’s first ISA millionaire

By Hugo Duncan Updated: 22:05 BST, 15 August 2024 Schools should be given a slice of the Government's NatWest stake to teach youngsters about investing, [...]

Bingo! Mecca to dish out a dividend for the first time since the pandemic

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 15 August 2024 Payouts: Mecca Bingo owner Rank Group will pay a dividend for the first [...]

Labour plan for workers’ rights could spook employers, recruiters warn

By Leah Montebello Updated: 22:05 BST, 15 August 2024 Recruiters have warned the Government to avoid ‘spooking employers’ on workers’ rights.The Recruitment and Employment Confederation [...]

AstraZeneca shares hit a record high as US fast-tracks its blockbuster cancer drug Imfinzi

By Leah Montebello Updated: 22:04 BST, 15 August 2024 Astrazeneca shares hit a new high yesterday after US regulators fast-tracked its blockbuster cancer drug Imfinzi.The pharma [...]

Three UK pushes for a merger with larger rival Vodafone as it suffers ongoing losses

By Daily Mail City & Finance Reporter Updated: 22:04 BST, 15 August 2024 Mobile phone network Three UK said its losses underlined its need to [...]

Admiral lifts interim dividend payout after insurer’s profits surpass £300m

Admiral Group said investors would receive a 71p per share interim dividendIts pre-tax profits soared by almost a third to £309.8m in the six months [...]

Train prices set to rise 3.2% next year to heap more pressure onto long-suffering passengers

Train ticket costs are due to rise next year by July's RPI figure plus 1%Exact level of any rise will be decided by the Government [...]

Evoke losses climb as UK betting shops suffer weak trade

Evoke's losses more than quadrupled to £143.2m in the six months ending June The group's revenue was hurt by tougher conditions at its UK betting shopsBy [...]

BUSINESS LIVE: GDP grows 0.6%; Evoke losses soar; AstraZeneca US drug boost

By Live Commentary Updated: 07:46 BST, 15 August 2024 The UK economy expanded by 0.6 per cent year-on-year in the second quarter, fresh data from the [...]

Should I pick local currency or pounds when paying by card abroad?

There is a simple rule when it comes to paying in local or home currency abroadBy Helen Kirrane Updated: 06:00 BST, 15 August 2024 I [...]

Chocolate giant Mars gobbles up Pringles-owner Kellanova in £28bn snack attack

By Leah Montebello Updated: 22:08 BST, 14 August 2024 Chocolate giant Mars is to buy the owner of Pringles in a £28billion mega-deal that brings [...]

Interest rates to fall on both sides of the Atlantic amid growing hopes inflation is back under control

By Hugo Duncan Updated: 22:07 BST, 14 August 2024 Interest rates look set to fall on both sides on the Atlantic amid growing hopes inflation [...]

Fears for Astra’s UK vaccine hub: Treasury cuts could derail £450m Liverpool project

By Jessica Clark Updated: 22:06 BST, 14 August 2024 AstraZeneca's £450million investment in a vaccine manufacturing site is in doubt after the Treasury threatened to [...]

Paddy Power owner Flutter in talks to buy software firm Playtech’s Italian arm

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 14 August 2024 Takeover talks: Playtech shares soared 13.8% as it emerged Paddy Power owner [...]

Activist investor Nelson Peltz trims stake in Marmite-owner Unilever

By Hugo Duncan Updated: 22:05 BST, 14 August 2024 Unilever sell-off: Train Fund Management is run by feared activist investor Nelson Peltz A feared New York [...]

Victoria’s Secret poaches boss of Rihanna’s lingerie brand Hilary Super

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 14 August 2024 Victoria's Secret has poached the boss of Rihanna's lingerie brand in a [...]

BUSINESS LIVE: UK inflation rises to 2.2%; Balfour Beatty profits jump; Flutter enjoys strong second quarter

By This Is Money Updated: 07:50 BST, 14 August 2024 Among the companies with reports and trading updates today are Aviva, Balfour Beatty, Flutter Entertainment [...]

Starbucks boss Laxman Narasimhan ousted after less than two years as sales tumble

By Hugo Duncan Updated: 22:29 BST, 13 August 2024 Ousted: Starbucks boss Laxman NarasimhanThe boss of Starbucks has been ousted after less than two years [...]

Booming Pandora shrugs off the gloom: World’s biggest jeweller upgrades growth forecasts

By Daily Mail City & Finance Reporter Updated: 22:29 BST, 13 August 2024 Sparkling figures: Pandora reported healthy sales and upgraded growth forecasts for the yearBusiness [...]

AstraZeneca crowned as Britain’s first £200bn firm as push into developing new cancer drugs pays off

By Leah Montebello Updated: 22:29 BST, 13 August 2024 Success: AstraZeneca chief exec Pascal SoriotAstraZeneca has become the first UK firm to be valued at [...]

European Investors flock to Britain as the single currency bloc falls out of favour

By Hugo Duncan Updated: 22:29 BST, 13 August 2024 The London stock market is now the top choice among European investors while sentiment towards the [...]