Business & Finance | Express Digest

Octopus Energy to repay £3bn Bulb cash to taxman ahead of schedule

By Jessica Clark Updated: 21:50 BST, 21 June 2024 Octopus Energy will repay the Government £3bn ahead of schedule following the taxpayer bailout of failed [...]

Hargreaves Lansdown’s prospective new owners should ban working from home, its co-founder says

By City & Finance Reporter Updated: 21:50 BST, 21 June 2024 Hargreaves Lansdown's prospective new owners should ban working from home, its co-founder has said.Peter [...]

MARKET REPORT: Sun shines on Footsie as losing streak ends

By Jon Hopkins Updated: 21:50 BST, 21 June 2024 The sun has finally come out for the FTSE 100 after a dismal start to the [...]

China warns Europe of trade war over EV tariffs

Brussels to slap Chinese-made EVs with additional tariffs of up to 38%Aimed at protecting carmakers who felt they were being undercut by ChineseNow, China's government [...]

The $10trillion tech giants: Value of Nvidia, Microsoft and Apple combined makes world’s third largest economy

By Patrick Tooher Updated: 22:03 BST, 20 June 2024 The combined value of the world’s three biggest quoted companies topped $10 trillion (£7.9 trillion) for [...]

Traders eye August cut after Bank holds base rate again sending pound and bond yields down

By John-Paul Ford Rojas Updated: 22:02 BST, 20 June 2024 The pound fell and bond yields dropped yesterday after the Bank of England revived hopes [...]

FCA arrests two in raid on exchange trading more than £1bn worth of cryptocurrency

By Leah Montebello Updated: 22:02 BST, 20 June 2024 Trades: Two suspects have been arrested in connection with an illegal cryptocurrency exchangeTwo people have been [...]

DS Smith boss insists takeover by US rival is still on despite fears it could be derailed

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 20 June 2024 Takeover: DS Smith boss Miles Roberts said he is pushing ahead with [...]

Ocado shares hit six-year low after Canadian partner delays opening robotic warehouse

By Emily Hawkins Updated: 22:00 BST, 20 June 2024 Ocado shares crashed to their lowest for more than six years after a setback with a [...]

Electric car sales in reverse as drivers shun higher prices and poor charging infrastructure

By Leah Montebello Updated: 22:00 BST, 20 June 2024 Running flat: Sales of battery-electric cars in the UK and across Europe reached 152,968 in May, [...]

YouGov shares dive 46.3% after profits tumble despite election polling boost

By Leah Montebello Updated: 22:00 BST, 20 June 2024 Slump: Polling and data analytics business YouGov has suffered from dwindling demand for its research servicesYouGov [...]

YouGov shares plummet 30% after profit warning

YouGov flagged sluggish demand across its data products division By Jane Denton Updated: 11:36 BST, 20 June 2024 YouGov was co-founded by former Chancellor Nadhim ZahawiYouGov [...]

Forex Broker: What You Need to Know Before Entering the Crypto Market

Before stepping into the crypto market, make sure your forex broker has a solid reputation. Verify their regulatory compliance and check reviews and expert opinions. [...]

Italian trainer brand Golden Goose abandons £2.5bn Milan float amid election turmoil

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 19 June 2024 Taylor made: US popstar Taylor Swift wears Golden Goose trainers during a [...]

Blow for borrowers as summer interest rate cut hopes fade despite inflation falling

By John-Paul Ford Rojas Updated: 22:01 BST, 19 June 2024 Hopes of a summer interest rate cut faded further yesterday despite inflation falling to its [...]

Cheers! Young’s toasts rising sales as Euros football kicks in with the Olympics to come

By Leah Montebello Updated: 22:01 BST, 19 June 2024 Young's has cheered a ‘landmark year’ as it gears up for a summer of sports, with [...]

Hargreaves Lansdown’s co-founder ‘bittersweet’ over £5.4bn sale to private equity consortium

By Jessica Clark Updated: 22:00 BST, 19 June 2024 Hargreaves Lansdown's co-founder has described its sale to private equity buyers as 'bittersweet' as he voiced [...]

Telegraph newspaper group swings to record loss as Barclays loan leaves £278m black hole

By Jessica Clark Updated: 22:00 BST, 19 June 2024 Slump: Telegraph Media Group, which also owns the Spectator magazine, was pushed to a loss of [...]

Bankers bonanza as JP Morgan lifts bonus cap to ten times an employee’s base salary

By Leah Montebello Updated: 22:00 BST, 19 June 2024 UK bankers at JP Morgan could be paid bonuses worth up to ten times their salary [...]

Council tax arrears in England hits a record high of nearly £6bn as households struggle with rising bills

Outstanding council tax arrears have risen by 67 per cent in the past five yearsMoney Advice Trust is calling for a reform to debt collection practicesThe [...]

Tesla Powerwall 3 home battery now on sale in Britain – what is it and can it really save you big on energy bills?

Tech powerhouse Tesla has launched its latest home battery, the Powerwall 3The kit doesn't come cheap - but it has impressive energy storable abilities By Sam [...]

Young’s eyes sporting success as pub group toasts ‘landmark year’

Young's completed biggest deal in its history last year as it eyes further growth By Mike Sheen Updated: 12:19 BST, 19 June 2024 Young & Co's [...]

Rothschild backs activist’s AI whistleblower venture

By John-Paul Ford Rojas Updated: 09:19 BST, 19 June 2024 Activist investor Richard Bernstein has won backing from Nat Rothschild for an artificial intelligence (AI) [...]

BUSINESS LIVE: CPI returns to 2%; Berkeley ups guidance; Vodafone raises £1.4bn

By Live Commentary Updated: 07:43 BST, 19 June 2024 Consumer price inflation returned to the Bank of England's target of 2 per cent last month [...]

Nvidia leapfrogs Microsoft and Apple to become the world’s most valuable company

By Leah Montebello Updated: 22:02 BST, 18 June 2024 Nvidia has leapfrogged Microsoft and Apple to become the world’s most valuable company as it cashes [...]

Taylor Swift is music to the ears of Premier Inn as US superstar’s fans flock to Eras tour shows

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 18 June 2024 Hot ticket: Taylor Swift's Eras tour is heading to London this weekendPremier [...]

Asda in crisis as its market share hits record low: Grocer hit by soaring interest rates

By Emily Hawkins Updated: 22:02 BST, 18 June 2024 The crisis at Asda deepened yesterday as figures showed its slice of the grocery market has [...]

Founder backs Hargreaves deal as private equity predators raise takeover bid to £5.4bn

By Jessica Clark Updated: 22:02 BST, 18 June 2024 The founders of Hargreaves Lansdown (HL) last night threw their weight behind an improved £5.4billion takeover [...]

Shares shock at XP Power as US rival abandons takeover plans after its £468m bid was rejected

By Hugo Duncan Updated: 22:02 BST, 18 June 2024 Backing out: Colorado-based Advanced Energy Industries said ‘it does not intend to make an offer’ for [...]

FTSE 100 equipment rental firm Ashtead admits to weighing up New York float

By Leah Montebello Updated: 22:02 BST, 18 June 2024 Listing threat: FTSE 100 equipment rental company Ashtead has reported a fall in annual profitsAshtead admitted [...]

Activist investor Richard Bernstein backs Rothschild’s AI whistleblower venture

By John-Paul Ford Rojas Updated: 22:02 BST, 18 June 2024 Activist investor Richard Bernstein has won backing from Nat Rothschild for an artificial intelligence (AI) [...]

We’re NOT looking across the water for IPO, insists Atom Bank boss as it weighs up stock market listing

By John-Paul Ford Rojas and Leah Montebello Updated: 22:02 BST, 18 June 2024 Atom Bank’s boss said he was ‘not looking across the water’ at [...]

HSBC breached money laundering rules over £236m Lebanon funds, says Swiss watchdog

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 18 June 2024 HSBC's Swiss bank is said to have failed to conduct proper checks [...]

Waspi campaign issues fraud alert over fake compensation claim forms

Unofficial sites outside the UK have sprung up in recent days, say campaigners Scammers are trying to get women to input their personal details on fake [...]

SThree expects to hit market forecasts despite net fees dip

Net fees were down 7% YOY to £188.7m for the six months to 31 MayBy Daniel Fessahaye Updated: 14:41 BST, 18 June 2024 SThree expects to [...]

Shell agrees to acquire LNG trading firm Pavilion Energy

Shell said the acquisition would help strengthen its position in the LNG sector The firm forecasts global LNG demand to increase by more than 50% by [...]