Business & Finance | Express Digest

Jeff Fairburn’s Avant in £770m bid for Crest Nicholson

By John-Paul Ford Rojas Updated: 21:50 BST, 5 July 2024 Avant Homes has entered the battle to control struggling housebuilder Crest Nicholson after proposing a [...]

MARKET REPORT: Housebuilders boosted by 1.5m new homes plan

By John Abiona Updated: 21:50 BST, 5 July 2024 Shares in the biggest housebuilders jumped amid hopes Labour's plan to ramp up construction on the [...]

Elon Musk urges judge to dismiss X lawsuit

By City & Finance Reporter Updated: 21:50 BST, 5 July 2024 Complaint: Investors in X sued Elon Musk in April 2022Elon Musk has asked a [...]

Lorry, van and taxi drivers are having more crashes by miles driven

Mileage driven by fleets before a collision decreased by almost 20% in 2023By Freda Lewis-Stempel Updated: 06:00 BST, 5 July 2024 New data shows professional [...]

More drivers make insurance claims for cracked windscreens – and bad roads are to blame

Motorists are suffering a rising tide of damaged windscreens, insurer warns Bad weather, poor roads and increasing car technology are behind the riseNot all car insurance [...]

Top Tips to Better Small Business Cash Flow Management

Managing cash flow effectively is crucial for the success and sustainability of small businesses. Without proper cash flow management, businesses can face serious financial challenges [...]

Germany’s economy suffers fresh setback after factory orders fall for fifth month in a row

By John-Paul Ford Rojas Updated: 22:05 BST, 4 July 2024 Slump: New factory orders in Germany fell 1.6% in MayGermany’s economy suffered a fresh blow [...]

Beleaguered cinema group Vue International group eyes City float in boost for London

By Leah Montebello Updated: 22:05 BST, 4 July 2024 The beleaguered cinema group Vue International is considering a flotation in London in a major boost [...]

Taylor Swift gigs fail to lift the High Street gloom as bad weather sees shoppers flock online

By John-Paul Ford Rojas Updated: 22:04 BST, 4 July 2024 Swift trade: Taylor Swift's Eras Tour lifted shop sales in Edinburgh and LiverpoolTaylor Swift failed [...]

Nvidia beats U.S. restrictions to sell £9bn of chips to China

By Leah Montebello Updated: 22:04 BST, 4 July 2024 US chip maker Nvidia is set to sell more than £9billion worth of chips in China [...]

Tycoon Jim Ratcliffe’s oil giant Ineos puts brakes on electric vehicle plans due to ‘reluctant consumer uptake’ and unclear net zero policies

Plans to produce electric vehicle in 2027 was announced five months ago By Daily Mail Reporter Updated: 16:48 BST, 4 July 2024 Sir Jim Ratcliffe’s company [...]

Construction growth slowed last month as housebuilders took ‘wait and see’ approach to election

The S&P Global UK construction purchasing managers' index fell to 52.2 in June By Jane Denton Updated: 10:56 BST, 4 July 2024 Growth in Britain's construction [...]

Peel Hunt shares rise as firm rakes in more revenue than expected

Shares in London-listed Peel Hunt have risen by over 28% in the last year By Jane Denton Updated: 09:13 BST, 4 July 2024 Peel Hunt shares [...]

BUSINESS LIVE: Britons head to the polls; Peel Hunt gets revenue boost; Marston’s appoints new chair

By This Is Money Updated: 08:20 BST, 4 July 2024 Among the companies with reports and trading updates today are Peel Hunt, Marston's, 3i Infrastructure [...]

Strangest insurance claims revealed… from badgers wrecking garages to birds breaking glass doors

Unruly wildlife has caused more than one home insurance claim in recent yearsSo has bad weather - with one homeowner seeing their shed totally blow [...]

Chinese fashion giant Shein faces EU custom duties blow ahead of potential £50bn London listing

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 3 July 2024 Questions: Shein ’s practices are being scrutinised ahead of a potential £50bn [...]

Amazon founder Jeff Bezos to sell £4bn worth of shares as stock hits an all-time high

By Leah Montebello Updated: 22:01 BST, 3 July 2024 Amazon founder Jeff Bezos has outlined plans to sell £4billion worth of shares as the stock [...]

Ineos delays EVs over low demand and tougher net zero rules expected under a Labour government

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 3 July 2024 Delay: Ineos Automotive will hold off from launching its Fusilier jeep (pictured)Sir [...]

German defence giant Rheinmetall and rival Leonardo team up for £17bn Italian tank deal

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 3 July 2024 £17bn deal: Rheinmetall has announced a tie-up with rival Leonardo to build [...]

Risk of slower rate cuts if Starmer wins power, economists at Goldman Sachs warn

By John-Paul Ford Rojas Updated: 22:00 BST, 3 July 2024 A Labour government risks stoking higher inflation – resulting in slower interest rate cuts – [...]

Thousands of Tesco staff to share £30m windfall from maturing share schemes

By Emily Hawkins Updated: 22:00 BST, 3 July 2024 Shop floor workers and warehouse staff at Tesco are set to share a £30million windfall from [...]

Is YOUR local building society offering top savings rates?

Top deals include a 5.5% 18-month fixed-rate bond and a 5% one-year bondBy Sylvia Morris and Helen Kirrane Updated: 12:34 BST, 3 July 2024 Being [...]

Keywords Studios accepts £2.1bn takeover offer from EQT

The video games services firm has accepted a £24.50 per share dealIt represents a two-thirds premium to Keywords' share price on 17 MayBy Harry Wise [...]

Halifax and Santander cut mortgage rates as battle ramps up between biggest lenders

Halifax cuts rates on various deals by up to 0.19 percentage pointsSantander scut selected fixes by up to 0.16 percentage pointsBy Ed Magnus Updated: 10:49 [...]

Embracing Blockchain and AI for a Future of Efficiency and Security

For decades, payroll processing has been a cornerstone of business operations, yet it has often remained tethered to traditional methods. Imagine clunky spreadsheets, mountains of [...]

Some lucky NS&I savers have been earning 11.11% – but is now the time to switch? SYLVIA MORRIS

By Sylvia Morris Updated: 22:48 BST, 2 July 2024 While soaring inflation has ravaged savers’ nest eggs in recent years, one lucky group has remained [...]

Sainsbury chief calls for rate cuts to kick-start consumer spending as Argos sales slump

By Emily Hawkins Updated: 22:05 BST, 2 July 2024 Sainsbury’s boss has called for interest rate cuts to kick-start consumer spending as strong supermarket sales [...]

Marks & Spencer bosses hail signs of a turnaround at their online tie-up with Ocado

By Emily Hawkins Updated: 22:04 BST, 2 July 2024 M&S chairman Archie Norman (pictured) said he was ‘not happy’ with how joint venture Ocado Retail [...]

Revolut auditor gives the banking app a clean bill of health as battle for a licence goes on

By Daily Mail City & Finance Reporter Updated: 22:04 BST, 2 July 2024 Audit: Revolut has struggled to get a UK banking licenceRevolut celebrated a [...]

Blow for Musk as Tesla sales tumble again amid fierce competition from Chinese rivals

By Daily Mail City & Finance Reporter Updated: 22:04 BST, 2 July 2024 Sales dive: Tesla, led by Elon Musk (picture), delivered 443,956 vehicles in [...]

Shell halts construction of large biofuels plant in Holland – here’s why

Shell ensure future competitiveness given current market conditions The UK oil and gas industry has been rethinking its low-carbon ambitionsBy Harry Wise Updated: 16:17 BST, 2 [...]

Student loan debts revealed as nearly 2m people now owe £50k or more

The Students Loan Company says the highest debt has reached £252,000The average ex-student has a debt of just £50,000 when hey start repaymentsAlmost three million [...]

Ryanair reports busiest month in history despite flight delays last week

Ryanair flew 19.3m passenger last month, compared to 17.4m in June 2023It means the Irish air carrier has flown 188.8m people in the past 12 [...]

Shoe Zone shares sink 17% amid fresh profit warning

Shares in London-listed Shoe Zone have fallen over 46% in the last year By Jane Denton Updated: 11:45 BST, 2 July 2024 Shoe Zone shares fell [...]

Shop price inflation fell to 0.2% in June as retailers cut cost of coffee and TVs

Prices across the retail sector increased by just 0.2% in the year to June Food prices decelerated for the 14th consecutive month, growing by 2.5%By Harry [...]

Capita renews Royal Mail pension scheme contract

Capita shares have fallen by over 50% in the last year By Jane Denton Updated: 09:58 BST, 2 July 2024 Capita has renewed its contract with [...]