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All posts in: Business & Finance

Retail sales slump as cold weather and general election hits spending

The latest ONS figures showed retail sales volumes declined by 1.2% in June While June was drier than average, the first two weeks were colder than usual  By H... read more

Nationwide’s £2.9bn takeover of Virgin Money cleared by competition watchdog

By Mike Sheen Updated: 09:00 BST, 19 July 2024 Nationwide’s £2.9billion takeover of Virgin Money UK has been cleared by Britain’s competition watch... read more

Lenders must mend their ways over debanking: Watchdog issues verdict on Farage’s bust-up with Coutts

By Patrick Tooher Updated: 22:40 BST, 18 July 2024 Banks have been told to do more to ensure MPs, peers and their families are treated fairly after a review by ... read more

Netflix lures 8m new subscribers as it cashes in on its password sharing crackdown

By Leah Montebello Updated: 22:00 BST, 18 July 2024 Netflix added more than 8m subscribers in three months as it cashed in on a password-sharing crackdown.  Th... read more

New Labour laws ‘won’t get Britain working’, business leaders warn

By John-Paul Ford Rojas Updated: 22:00 BST, 18 July 2024 Labour has been warned efforts to solve Britain’s ‘dire’ worklessness crisis could be derailed by... read more

HSBC’s Canary Wharf ‘Tower of doom’ to get a makeover in bid to attract new tenants

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 July 2024 Big chunks could be removed from the HSBC tower in a major makeover to reinvent the L... read more

Meta takes shine to Ray-Ban maker Essilor Luxottica as the tech giant continues to push its VR sunglasses

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 July 2024 Tech specs: Facebook-owner Meta and Ray-ban have worked together when they launched M... read more

Online pensions app Pensionbee expands into the U.S. market

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 July 2024 Online provider Pensionbee has launched in the US, entering the world’s largest def... read more

Record number of postal votes give Royal Mail an election bonus

By Leah Montebello Updated: 22:00 BST, 18 July 2024 Royal Mail has enjoyed a surge in revenues as a record number of postal votes were delivered during the elec... read more

Bank of England hit by global payments issue leaving customers unable to complete house purchases

By Jane Denton Updated: 15:42 BST, 18 July 2024 The Bank of England said on Thursday that a ‘global payments issue’ was affecting the interbank paym... read more

William Hill owner’s shares plummet following profit warning

Evoke said adjusted earnings before nasties would be up to £40m ‘behind plan’  The betting company said its second-quarter revenues totalled aroun... read more

How to Build Substantial Wealth in 10 Years with Monthly SIP Investments

Many investors dream of creating substantial wealth for the future, which drives them to explore various investment options. Among these, Systematic Investment ... read more

Nationwide to plough cash in to Virgin Money to bring its customer service and IT systems up to scratch

By Patrick Tooher Updated: 22:24 BST, 17 July 2024 Nationwide has warned it will have to plough funds into bringing Virgin Money’s customer service and IT sys... read more

‘Queen of Shops’ Mary Portas calls on the stock exchange to block  £50bn Shein float

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 17 July 2024 Retail guru Mary Portas has backed the opposition to the proposed UK stock market lis... read more

Pernod ditches wine brands including Jacob’s Creek and Campo Viejo as it doubles down on spirits

By Leah Montebello Updated: 22:00 BST, 17 July 2024 Pernod Ricard will ditch wine brands including Jacob’s Creek to focus on spirits. The drinks giant will of... read more

Labour hasn’t blocked our £200m lifeline insists Titanic shipyard Harland & Wolff

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 17 July 2024 Harland & Wolff insisted it is still in talks with ministers over a £200million ... read more

BUSINESS LIVE: Inflation holds at 2%; Reckitt shaken by tornado; Babcock powered by nuclear

By Live Commentary Updated: 17:04 BST, 17 July 2024 The FTSE 100 closed up 22.56 points at 8187.46. Consumer price inflation held at the Bank of England’s 2 p... read more

Babcock shrugs off legacy Royal Navy contract losses as nuclear sales power profits

Babcock’s underlying operating profits jumped by 34% to £238m last year Defence firms have benefited from governments ramping up military spending  By H... read more

Mitie acquires high voltage electrical engineering firm in £8.5m deal

ESM Power’s 60 engineering designers will join Mitie’s £1.1bn Projects business  By Jane Denton Updated: 10:21 BST, 17 July 2024 Mitie has agreed ... read more

Watch out if you have one of these nine easy-access accounts: SYLVIA MORRIS

By Sylvia Morris Updated: 22:03 BST, 16 July 2024 Savers, I implore you to be on your guard. Rates on some easy-access accounts are already being cut, reducing ... read more

Bonuses up 17% at Goldman Sachs as profits are boosted by a recovery in dealmaking

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 15 July 2024 Goldman said compensation and benefits for its 40,000 staff rose by more than 17% to ... read more

Trump £1bn richer as Truth Social shares soar after failed assassination attempt

By Leah Montebello Updated: 22:00 BST, 15 July 2024 More than £1billion was added to the value of Donald Trump’s social media platform yesterday as investors... read more

Blow for Labour as staffing issues threaten housebuilding targets

By Jessica Clark Updated: 22:00 BST, 15 July 2024 The construction industry has been hit by a ‘very sharp rise’ in recruitment problems in a blow to Labourâ... read more

Swatch shares fall to lowest level in four years as watch maker is hit by China slowdown

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 15 July 2024 Swatch shares fell to their lowest level in four years as weak demand continues to hi... read more