Business & Finance | Express Digest

Alliance and Witan join forces to form new £5bn investment trust giant

By John-Paul Ford Rojas Updated: 23:20 BST, 26 June 2024 Two of Britain’s oldest investment trusts have revealed plans to merge in a deal that [...]

Shamed former LV boss ousted from latest venture after his plan to sell the business was rejected

By Patrick Tooher Updated: 22:01 BST, 26 June 2024 The discredited former boss of LV who tried to sell the British mutual insurer to a [...]

L&G doubles down on woke agenda by dumping Glencore over its coal production plans

By John-Paul Ford Rojas Updated: 22:00 BST, 26 June 2024 Legal & General has doubled down on its woke agenda under new boss Antonio Simoes [...]

Lipstick and mascara boost beauty brands Revolution Beauty and Warpaint London

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 June 2024 Two of Britain’s biggest make-up firms are cashing in on a boom [...]

Sales slump takes the shine off De Beers as latest diamond auction makes just £250m

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 June 2024 Sales have plunged by more than 40 per cent at the world’s [...]

Hedge fund tycoon Crispin Odey losses £37m after sexual misconduct scandal

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 June 2024 Misconduct allegations: Hedge fund tycoon Crispin OdeyHedge fund tycoon Crispin Odey has [...]

Haleon sells off nicotine brands for £500m as it trims down its consumer health portfolio

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 26 June 2024 Haleon has sold its Nicotinell, Habitrol and Thrive brands to Indian pharmaceutical [...]

AO World profits almost treble despite falling sales

AO World revealed adjusted pre-tax profits climbed by 186% to £34.3m last yearThe Bolton-based firm boosted gross margins by 2.5 percentage points to 23.4%By Harry [...]

Phoenix Group eyes sale of over-50s financial services specialist SunLife

Phoenix Group bought SunLife in 2016 from AXA as part of a £375m dealSunLife was the first UK firm to offer life assurance without a medical [...]

BUSINESS LIVE: Phoenix weighs SunLife sale; AO World profits beat forecasts; REVB lifted by cost cuts

By Live Commentary Updated: 07:52 BST, 26 June 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Morrisons battles Aldi and Lidl with 400 new convenience stores

By Emily Hawkins Updated: 22:01 BST, 25 June 2024 Smaller shops: Morrisons said it intends to open around 400 more Morrisons Daily stores to hit [...]

Grandparents can boost state pension by £6,000 – just by looking after their grandchildren

By Adele Cooke Updated: 22:01 BST, 25 June 2024 More than 120,000 grandparents have boosted their state pension simply by looking after their grandchildren.But many [...]

Vauxhall threatens to pull plug on UK car making amid row over EV sales targets

By Jessica Clark Updated: 22:00 BST, 25 June 2024 The owner of Vauxhall has warned it could stop making cars in the UK amid a [...]

English sparkling wine pioneer Chapel Down could put itself up for sale

Kent-based winemaker could raise cash from investors or opt for a saleBoss Andrew Carter wants to increase sales to £28million by 2026By Mike Sheen Updated: [...]

Landsec boosts Bluewater stake for £120m

Deal means commercial property developer now has an overall stake of 66.25%By Daniel Fessahaye Updated: 10:18 BST, 25 June 2024 Land Securities Group has increased its stake [...]

BUSINESS LIVE: Vertu eyes UK zero emissions boost; Landsec ups Bluewater stake; Saga insurance challenges

By Live Commentary Updated: 07:52 BST, 25 June 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Reduce, Reclaim, Retain: Tax Planning Tips to Boost Your Savings for Melburnians

Tax planning is a critical aspect of financial management for individuals and families in Melbourne, shaping how you manage your income and investments to minimize [...]

Beware of these exclusions in cheap ‘essentials’ car insurance, drivers warned

'Essentials' car insurance offers less cover than standard comprehensive dealsThe big draw of essentials policies is that they offer a cheaper alternativeBut experts warn drivers [...]

US prosecutors call for criminal charges to be brought against Boeing over crash settlements

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 24 June 2024 US prosecutors have called for criminal charges to be brought against Boeing [...]

Atom Bank ditches Durham base because so many employees are working from home

By John-Paul Ford Rojas Updated: 22:01 BST, 24 June 2024 Unused: Atom Bank's Durham HQ is only at a third of previous levelsAtom Bank will become [...]

Government translators launch legal fight for gig economy workers’ rights

By Francesca Washtell Updated: 22:01 BST, 24 June 2024 Legal fight: Interpreters for Thebigword say that the demands put on them mean they should be [...]

Explosives maker Chemring appoints new chairman as defence spending soars

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 24 June 2024 Chemring has appointed a chairman as it cashes in on increased military [...]

Dream team or the odd couple? Ashley and Moulding in retail tie-up as Frasers buys luxury goods websites from THG

By Emily Hawkins Updated: 22:00 BST, 24 June 2024 Sports Direct’s owner has bought luxury goods websites from THG.The deal is part of a wider [...]

Activist investor calls for shake-up at Magners Cider maker C&C that could see it sold

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 24 June 2024 Activist threat: Magners Cider maker C&C also owns Scottish beer Tennent’s and Irish [...]

Carlsberg sweetens potential Britvic takeover with PepsiCo bottling agreement

PepsiCo to waive change of control clause in Britvic bottling arrangements Britvic last week rejected a second Carlsberg takeover bid worth £3.1bn By Mike Sheen Updated: 10:21 [...]

The Volvo estate is back: Drivers force U-turn on axe in Britain

Company had blamed poor sales for removal and said it would focus on SUVsV60 and V90 estate models will return - and both will come [...]

BUSINESS LIVE :THG to sell luxury portfolio to Frasers; Prudential preps £2bn buyback; SIG profit warning

By Live Commentary Updated: 08:14 BST, 24 June 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Sport-obsessed Britons to boost economy by £230m

By City & Finance Reporter Updated: 00:05 BST, 24 June 2024 The Euros and the Olympics will deliver a £233m boost to the UK economy, [...]

Mortgage costs up £400 a month since last election

By John-Paul Ford Rojas Updated: 00:05 BST, 24 June 2024 First-time buyers are spending £400 a month more on mortgage repayments than at the time [...]

Retail investors going cold on woke ESG funds, survey says

By John-Paul Ford Rojas Updated: 00:05 BST, 24 June 2024 Retail investors are falling out of love with woke ESG funds as they are underperforming, [...]

Wizz Air pay plan for top executives suffers turbulence

Latest pay plan applies to 15 Wizz Air managers By Patrick Tooher Updated: 22:01 BST, 22 June 2024 Wizz Air faces another shareholder revolt over boardroom [...]

CITY WHISPERS: No seat at the PR lunch table for the ‘Iron Lady’

By Francesca Washtell Updated: 22:01 BST, 22 June 2024 Lunch guests at top PR man David Burnside’s firm, New Century, usually tuck in under the [...]

Beijing gets cold feet over Shein’s London listing

Mail on Sunday recently revealed British Fashion Council’s concerns over the float By Patrick Tooher And Francesca Washtell Updated: 22:01 BST, 22 June 2024 Shein may [...]

Beat the chatbot barrier to opening an account

Many new customers must direct their questions at an online chatbot currentlyBy Adele Cooke Updated: 22:00 BST, 22 June 2024 Savers opening a new bank [...]

Most car pothole damage claims are turned down – here’s how to get yours paid out

1. Collect the evidenceIf you're a motorist looking to make a claim for a repair bill for pothole-related damage, or a cyclist putting in a [...]

Election stalls growth but UK still beats rivals

By Jessica Clark Updated: 22:03 BST, 21 June 2024 Britain's economic growth has slowed this month as firms hold off making big decisions until after [...]