Business & Finance | Express Digest

Former Wilko owners say they have no legal obligation to help plug £70m pension black hole

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 12 August 2024 Wilko’s former owners do not plan to help plug the collapsed retailer’s [...]

Record passenger numbers at Heathrow as the airport enjoys a holiday travel boom

By Jessica Clark Updated: 22:02 BST, 12 August 2024 Record numbers of passengers are travelling through Heathrow as the airport enjoys a holiday travel boom.The [...]

Universal pens song deal with Meta as it tries to calm concerns over artificial intelligence

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 12 August 2024 AI fears: Universal, whose artists include Ariana Grande (pictured) has been pushing [...]

Marshalls profits suffer construction sector slowdown

Marshalls said its first-half adjusted operating profits declined by 19% to £34mBy Harry Wise Updated: 12:56 BST, 12 August 2024 Marshalls profits fell sharply in [...]

My father wants to set up pensions for my children – how can I convince him to spoil them instead? VICKY REYNAL has the answer…

By Vicky Reynal Updated: 12:22 BST, 12 August 2024 My father is a wonderful grandfather to six – all little ones under the age of [...]

BUSINESS LIVE: Bharti to buy major BT stake; FTSE 100 CEO pay soars; Heathrow boosted by summer break

By Live Commentary Updated: 08:02 BST, 12 August 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

How is a Loan Against Property different from a Home Loan?

Many first-time home loan applicants get confused between a 'home loan' and a 'loan against property.' They believe that both are the same and tend [...]

Top City bosses scoop pay packets worth £4.2m on average as FTSE 100 CEO wages soar to record high

By Jessica Clark Updated: 00:05 BST, 12 August 2024 Top City bosses scooped pay packets worth £4.2m on average last year as FTSE 100 CEO [...]

Stagecoach back in driver’s seat as passengers return to buses

By Patrick Tooher Updated: 21:50 BST, 11 August 2024 Profits at Stagecoach have roared back as passengers return to buses – but the over-60s have [...]

Britain’s economy se for a Taylor Swift boost

By City & Finance Reporter Updated: 21:50 BST, 11 August 2024 On song: The 'Taylor Swift effect' is expected to have boosted growthBritain's economy is set [...]

Female entrepreneurs join forces to help other women smash glass ceiling

By Emily Hawkins Updated: 21:50 BST, 10 August 2024 Joining forces: Everywoman co-founders Maxine Benson (left) and Karen Gill (right) with AllBright boss Viviane Paxinos, [...]

Paramount loses £5bn as viewers turn off cable TV

By Leah Montebello Updated: 21:55 BST, 9 August 2024 Paramount has become the latest US broadcasting giant to take a hit on its cable TV [...]

Tesco may be a stock to add to your shopping list if you are seeking more exposure to British shares

By City & Finance Reporter Updated: 21:51 BST, 9 August 2024 The shares stand at 330.5p which is 12.8 per cent higher than at the [...]

UK stocks claw back their losses after turbulent week in City amid fears of recession in US

By Jessica Clark Updated: 21:51 BST, 9 August 2024 UK stocks clawed back their losses after a turbulent week in the City amid fears of [...]

Shein looking to open first British warehouse as it gears up for a £50bn listing on London Stock Exchange

By City & Finance Reporter Updated: 21:51 BST, 9 August 2024 Stylish: A listing valuing Shein at £50billion would be one of the biggest in [...]

High heel designer Manolo Blahnik on the back foot amid sales slump

By City & Finance Reporter Updated: 21:50 BST, 9 August 2024 Fashion conscious: Model Hailey BieberCarrie Bradshaw's favourite high heel designer has posted a slump [...]

Insurers could have to pay millions over cancelled Taylor Swift concerts

By City & Finance Reporter Updated: 21:50 BST, 9 August 2024 Insurers could have to pay millions of pounds in claims after a foiled terror [...]

Founders in line for £850m payday as Hargreaves Lansdown goes private as £5.4bn takeover agreed

Peter Hargreaves and Stephen Lansdown planning to vote in favour of bidIt will see them take home £850m between themHargreaves will retain 10% stake, while [...]

Mountain Warehouse will open more stores across UK as it cashes in on dog lovers buying clothes to walk their pets

By City & Finance Reporter Updated: 21:50 BST, 9 August 2024 Mountain Warehouse will open more stores across the UK as it cashes in on [...]

Will stock markets keep stumbling – and how to be calm in a storm: This is Money podcast

By This Is Money Updated: 14:58 BST, 9 August 2024 Stock markets around the world saw huge falls this week, but is it a sign [...]

BUSINESS LIVE: Hargreaves Lansdown agrees takeover; Bellway sales sink; Asda boosts checkout staff

By Live Commentary Updated: 08:20 BST, 9 August 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are [...]

US stock markets rally as fresh jobs data eases recession fears – but London still on edge

By Jessica Clark Updated: 07:34 BST, 9 August 2024 US Stocks rallied yesterday after jobs data eased fears about a slowdown in the world’s largest [...]

Barclays becomes the first British bank to scrap the EU bonus cap

By Emily Hawkins Updated: 22:02 BST, 8 August 2024 Barclays has become the first British bank to tell staff a bonus cap is being scrapped [...]

BP pushes ahead with Teesside hydrogen plants despite ditching green agenda elsewhere

By Leah Montebello Updated: 22:02 BST, 8 August 2024 BP is one step closer to turning Teesside into a green energy powerhouse – despite rowing [...]

Surging profits for Germany’s biggest arms maker as Ukraine war rages on

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 8 August 2024 In demand: Rheinmetall's largest order in the year to date was for [...]

Blow to rich expats in Italy as Meloni doubles foreign wealth tax amid squeeze on public finances

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 7 August 2024 Tax hike: Italian Prime Minister Giorgia Meloni is looking to raise to [...]

Scandal-hit H2O to pay out £214m to investors with cash in illiquid funds linked to notorious German financier

By Leah Montebello Updated: 22:05 BST, 7 August 2024 A once high-flying asset manager will pay out £215million to investors who have cash trapped in [...]

Slimming profits at Novo Nordisk as Ozempic jab maker struggles to keep up with demand

By Emily Hawkins Updated: 22:05 BST, 7 August 2024 Appetite for weight loss drugs is proving insatiable but pharma giant Novo Nordisk is having difficulties [...]

Glencore snubs green agenda as it keeps polluting (but highly profitable) coal division

By Leah Montebello Updated: 22:05 BST, 7 August 2024 Glencore has scrapped plans to spin off its coal business, labelling the move ‘common sense’.The decision [...]

As US slump panic fades, global markets turn corner after sharp sell-off earlier this week

By John Abiona Updated: 22:05 BST, 7 August 2024 The FTSE 100 rallied as global markets bounced back after a sharp sell-off earlier this week [...]

Lloyd’s of London insurer Hiscox puts £22m aside to cover claims linked to Baltimore bridge collapse in the US

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 7 August 2024 Tragedy: Six people were killed when a cargo ship smashed into the Francis [...]

Quilter shares rise as inflows hit £1.7bn and wealth manager boasts record profits

FTSE 250-listed Quilter has seen its shares rise sharply in the last year By Jane Denton Updated: 14:35 BST, 7 August 2024 Quilter shares rose on [...]

How fast will interest rates fall – and what does it mean for you? This is Money podcast

By This Is Money Updated: 11:24 BST, 7 August 2024 The Bank of England finally cut interest rates last week, in what was dubbed a [...]

Private equity firms hold breath as Labour budget threatens a capital gains tax hike

By Emily Hawkins Updated: 22:43 BST, 6 August 2024 Private equity firms are nervously awaiting the Government’s first Budget after Rachel Reeves has refused to [...]

Wall Street bounces back after fears of US recession fade

By Jessica Clark Updated: 22:34 BST, 6 August 2024 Wall Street rebounded yesterday after a global market meltdown sparked by the possibility of a recession [...]

Swedish Buy-now-pay-later giant Klarna eyes share sale as it gets ready for a US float

By John Abiona Updated: 22:33 BST, 6 August 2024 Buy-now-pay-later giant Klarna is considering selling shares ahead of a potential blockbuster New York listing.The Swedish [...]