Business & Finance | Express Digest

John Lewis gets go ahead to be landlord by building hundreds of flats

By Emily Hawkins Updated: 21:50 BST, 26 July 2024 The John Lewis Partnership has taken its biggest step yet to becoming a landlord after winning [...]

Co-operative Bank prepares to return to mutual ownership

By City & Finance Reporter Updated: 21:50 BST, 26 July 2024 The Co-operative Bank has revealed shrinking profits but hailed 2024 as a 'landmark' year [...]

NatWest setback as Labour kiboshes ‘Tell Sid’ share sale

Rachel Reeves not keen to offer Government's £5.6bn stake to ordinary investorsReeves wants pension funds, insurers and asset managers to benefit Critics say move is a missed opportunityBy [...]

Convicted Libor trader Tom Hayes takes appeal to the Supreme Court

By Money Mail Reporter Updated: 14:17 BST, 26 July 2024 Tom Hayes, the first trader jailed for fixing key interest rates, has been granted permission [...]

Babcock guidance on target as global defence spending boom bolsters contractor’s profits

Babcock aims to score mid-single digits annual average sales growthIn the year ending March 2024, the firm's turnover flatlined at £4.4bnBy Harry Wise Updated: 13:22 [...]

Drax Group shares surge as power generation firm scores higher profits

Drax Group shares were the FTSE 250 Index's top riser on Friday morningThe business revealed its pre-tax profits climbed by 36.6% in the first halfBy [...]

Lloyds boss: Don’t expect cheap mortgage deals as interest rates fall

By This Is Money Reporter Updated: 09:57 BST, 26 July 2024 Lloyds chief executive Charlie Nunn The boss of Lloyds, Britain's biggest mortgage lender, has warned [...]

Watchdog slams HSBC ‘yet again’ over customer blunders

By Money Mail Reporter Updated: 09:42 BST, 26 July 2024 HSBC has been singled out by the competition watchdog for 'yet again' breaking rules about [...]

Understanding Credit Card EMIs: Benefits, Drawbacks, and How They Work

Credit Card EMIs have added to the convenience of using Credit Cards. With Credit Card EMIs you can make large purchases easily by allowing you [...]

Strategies for Paying Off Debt Effectively

Debt can be a heavy burden, but with the right strategies, you can take control of your finances and achieve financial freedom. In the points [...]

Revolut gets UK banking licence after three-year wait, allowing it to offer loans

Revolut has received a UK banking licence from the PRAIt first applied for a UK Banking licence in September 2021 It means it would be able [...]

Middle class shoppers flock back to Waitrose as supermarket slashes prices

By Leah Montebello Updated: 08:38 BST, 25 July 2024 Shoppers have returned to Waitrose as troubled Asda continues to haemorrhage customers.In a closely watched update [...]

Gucci-owner Kering rocked by global luxury sales slowdown

By Money Mail Reporter Updated: 08:36 BST, 25 July 2024 Star couple: Francois-Henri Pinault and Salma HayekGucci's owner reported a fresh slump in sales as [...]

Soaring interest rates pushing hundreds of thousands of Brits ‘into poverty’, research warns

Bank of England elected to hold interest rates at 5.25% in June to curb inflation By Leah Montebello Updated: 00:06 BST, 25 July 2024 A third [...]

Over £1bn lost to fees on pensions moved from work plans

Hidden fees and complicated charges on pension funds impact retirement pots By Jessica Beard Updated: 14:12 BST, 24 July 2024 Savers are losing more than £1.2billion [...]

How Bankruptcy Attorney Works

Understanding how a bankruptcy attorney works can be the first step toward regaining control of your finances. Whether you're exploring Chapter 7 or Chapter 13 [...]

Rolls-Royce roars back into fast-growing short-haul aircraft market

By John-Paul Ford Rojas Updated: 09:02 BST, 24 July 2024 Rolls-Royce has taken a major step in its return to the market for short-haul aircraft [...]

MARKET REPORT: Compass Group points north as workers return to office

By John Abiona Updated: 08:53 BST, 24 July 2024 Compass Group is cashing in on workers returning to office canteens and snubbing pricier High Street [...]

LVMH boss hails ‘remarkable resilience’ amid luxury slowdown

By Money Mail Reporter Updated: 08:42 BST, 24 July 2024 LVMH is the latest luxury goods giant to be hit by a slowdown in demand [...]

How towns and villages across Britain could soon be left without a cash machine – as report warns ATM’s are closing at record rates

By Adele Cooke Money Mail Reporter Updated: 01:30 BST, 24 July 2024 Some areas of London and the East of England would have no ATM [...]

Beazley shares rebound as Lloyd’s of London insurer shrugs off global tech chaos

By Mike Sheen Updated: 12:15 BST, 23 July 2024 Beazley shares have regained ground after the insurer said last week's global tech meltdown 'will not [...]

Ofcom to review mobile network operator licence fees after BT request

BT asked Ofcom to look at the fees levied for using the 1800 MHz spectrumOfcom charges licence fees to companies for using three spectrum bandsBy [...]

MARKET REPORT: Rentokil shares surge as ex-BT boss eyes bid

By John Abiona Updated: 09:25 BST, 23 July 2024 Shares in the Royal rat catcher topped the FTSE 100 leaderboard as it emerged as a [...]

Carpetright rescue deal puts 1,500 jobs at risk

By Money Mail Reporter Updated: 09:25 BST, 23 July 2024 More than 1,500 jobs are set to go at Carpetright after a rescue deal by [...]

LVMH-backed private equity fund buys £1.5bn Bicester Village stake

By Emily Hawkins Updated: 09:25 BST, 23 July 2024 A firm backed by LVMH has bought a stake in the owner of Bicester Village in [...]

Labour to ‘call in’ £3.6bn Royal Mail takeover

By John-Paul Ford Rojas Updated: 08:44 BST, 23 July 2024 Labour will 'call in' the £3.6bn takeover of Royal Mail by a billionaire dubbed the [...]

English winemaker Gusbourne up for sale

By John-Paul Ford Rojas Updated: 08:23 BST, 23 July 2024 English winemaker Gusbourne has effectively been put up for sale.Conservative peer Lord Ashcroft, who owns [...]

Ladbrokes owner Entain hires Gavin Isaacs as its next chief executive

Gavin Isaacs will join the Coral and FoxyBingo owner in early SeptemberEntain's former chief executive, Jette Nygaard-Andersen, quit last December By Harry Wise Updated: 12:28 BST, [...]

Managing Personal Finances During Economic Uncertainty

Managing your finances during economic uncertainty can feel overwhelming, but it's vital to take proactive steps to maintain stability. Start by evaluating your current financial [...]

BT fined £17.5m by Ofcom for ‘catastrophic’ emergency call failures

Ofcom said failures led to 14,000 unsuccessful 999 callsBy Harry Wise Updated: 10:30 BST, 22 July 2024 Regulators have fined BT £17.5million for being 'ill-prepared' when [...]

An AbFab car sale: Alfa Romeo used by Jennifer Saunders’ character in classic episode going to auction for £30k

Crack open the 'Bolly' for the car famously clamped outside Harvey Nicholls1993 Alfa Romeo Spider starred in hilarious 1990s sitcom, Absolutely FabulousWith 46,326 miles on the [...]

The 10 inanimate objects drivers most commonly hit in single vehicle crashes

Kerbing wheels isn't the most common - there's another item hit more frequentlyBy Rob Hull Updated: 06:00 BST, 22 July 2024 There are fewer things [...]

U.S. tech giants set to bank ‘monster’ £82bn earnings

'Magnificent Seven' expected to post sales totalling £365bnProfits set to be in region of £81.9bn, up from £64bn in 2023 Quarterly earnings a welcome boost for [...]

Leonardo pitches for £1bn MoD deal to replace Puma helicopters

By John-Paul Ford Rojas Updated: 21:50 BST, 21 July 2024 Defence contractor Leonardo will this week make its pitch to seal a £1billion deal to [...]

Rentokil a target as Philip Jansen eyes private equity takeover

By City & Finance Reporter Updated: 21:50 BST, 21 July 2024 Rentokil shares will be in focus when the stock market opens today amid reports [...]

Selecting the Top Models for Ecommerce

Let's explore the exciting world of e-commerce models and learn about several approaches to making money with Internet enterprises. Knowing these models can help you, [...]