Business & Finance

Get insights on markets, investing, personal finance tips, and the latest economic developments.

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 [...]

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 [...]

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: 12:58 BST, 31 [...]

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, [...]

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 [...]

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 WPPWPP has named Philip [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 2021Romania and Bulgaria account for 60% of the £9.6m of recovered carsTactic gangs use [...]

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 Updated: [...]

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 costsBut now the FCA has been forced to extend its investigation timeline until 2025 By [...]

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

Foxtons said its sales pipeline is at its highest value since Brexit voteThe general election did little to change customer behaviour  By Angharad Carrick Updated: 11:13 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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

Rachel Reeves confirmed NatWest retail share sale will not go aheadIt had been thought the share sale would take place in June By Helen Kirrane Updated: [...]

BUSINESS LIVE: Corporation tax hike fears; Evri hiring spree; Pearson backs AI

By Live Commentary Updated: 07:52 BST, 29 July 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Almost one in three bosses pessimistic Labour will hike corporation tax

By City & Finance Reporter Updated: 00:05 BST, 29 July 2024 Almost one in three bosses are pessimistic Labour will hike corporation tax.In a survey [...]

Financial Conduct Authority chief Nikhil Rathi tears up red tape

Plans to tear up  consumer rulebook designed to unleash new risk-taking cultureReforms proposed by Financial Services chief executive Nikhil RathiThey were signed off by Treasury [...]

Investors brace for profit updates from BP and Shell

By City & Finance Reporter Updated: 21:50 BST, 28 July 2024 BP and Shell hope to reassure investors this week after disclosing billion-pound losses.Both oil [...]

Delivery giant Evri planning to hire 9,000 new staff

By City & Finance Reporter Updated: 21:50 BST, 28 July 2024 Delivery giant Evri is planning to hire 9,000 new staff just days after announcing [...]

Government can unlock £2 billion in growth by championing digital economy, says Sage’s AARON HARRIS

By Aaron Harris Updated: 15:13 BST, 28 July 2024 The new Government’s focus on growth is welcome, but it must begin to look beyond its [...]

Upgrade IT to boost economy, Labour told

By Francesca Washtell Updated: 21:53 BST, 27 July 2024 The Government could unlock billions in economic growth by helping small companies to upgrade their technology [...]

CITY WHISPERS: French fizz eyeing swoop on British sparkling vines

By Francesca Washtell Updated: 21:51 BST, 27 July 2024 It's taken a few years for English sparkling wine to win over snooty foreign sommeliers who [...]

Drone maker Tekever eyeing possible London stock market flotation

By John-Paul Ford Rojas Updated: 21:51 BST, 27 July 2024 A drone maker whose products track small boats in the English Channel is eyeing a [...]

Chief executive Tufan Erginbilgic fires Rolls-Royce profit engine

By Francesca Washtell Updated: 21:51 BST, 27 July 2024 Turnaround: Rolls-Royce boss Tufan Erginbilgic has boosted salesRolls-Royce's revenues are expected to hit record highs in [...]

Mortgage Loan vs Gold Loan: Which is Right for You?

Taking a loan is an important financial decision. When you need funds for major expenses like buying a house, a child’s education, business expansion, or [...]

One in FIVE drivers has put the wrong fuel in their car – facing costly bills as most insurance won’t pay out

Filling up your car with the wrong fuel is easier done than many imagine Men are more likely to misfuel than women, as are the under-25 [...]

Drax seeks new handout despite £300m buyback

By John Abiona Updated: 21:57 BST, 26 July 2024 The UK's biggest wood burner is in talks with the Government over further handouts to cover [...]

Analysts rate Legal & General shares as either a ‘hold’ or a ‘buy’

By City & Finance Reporter Updated: 21:55 BST, 26 July 2024 Legal & General, the £13.69billion FTSE 100 company, which takes care of £1trillion worth [...]

Birkin handbag maker Hermes bucks the trend with profit rise

By City & Finance Reporter Updated: 21:51 BST, 26 July 2024 Must-have: TV's Emma Hernan with a Birkin bagBirkin handbag maker Hermes has weathered the [...]