Business & Finance | Express Digest

Tesco’s boss Ken Murphy admits he is ‘well paid’ as investors give his £10m haul the green light

Murphy saw his pay more than double to £9.9m last year It took his earnings since he took over in October 2020 to £20m Quizzed about his [...]

Do Labour or the Tories have the plan Britain’s finances need? This is Money podcast

By This Is Money Updated: 19:31 BST, 14 June 2024 It’s manifesto week and Labour, the Conservatives and the Lib Dems have laid out their [...]

Pub goers spend 54p in duty per pint in Britain while in Spain and Germany, it’s less than 5p

Over 80 heads of Britain's leading beer and pub groups signed the letterThe letter is timed to coincide with the European Football ChampionshipsBy Harry Wise [...]

Choosing the Right Amazon Ad Types for Your Business

Advertising on Amazon is a powerful way to increase product visibility, drive sales, and grow your business. However, with various ad types available, it can [...]

Tesco posts healthy first quarter sales growth driven by its Finest range and a boost from its online Whoosh service

Tesco's sales increased by 4.5% to £15.6bn in the 13 weeks ending 25 MayCEO Ken Murphy received a compensation package of £10m for last year By [...]

Tiny cliff-side Poldark cottage with stunning views of one of Cornwall’s best beaches sells for £423,000

By Matthew Cox Updated: 08:18 BST, 14 June 2024 A one-bedroom cliff-side cottage that appeared in BBC's Poldark has sold for £423,000.Bidding for the property, [...]

Rise of QR fraudsters exploiting car parks going cashless

By Harvey Dorset Updated: 07:00 BST, 14 June 2024 Brazen: Scammers have stuck a printed QR code on a parking sign - and if you're [...]

Travellers urged to dodge costly car hire excess policies sold at the desk

Driving overseas can be tricky enough without adding insurance into the mixBuying excess cover from a car hire firm can be extremely expensiveWhich? is advising [...]

Elon Musk vows Tesla investors will approve his record £44bn pay deal

By Leah Montebello Updated: 22:04 BST, 13 June 2024 Elon Musk declared victory last night ahead of a vote by Tesla shareholders on his record [...]

Builder Crest Nicholson rejects £650m Bellway offer just hours after profit warning sends shares tumbling

By John-Paul Ford Rojas Updated: 22:03 BST, 13 June 2024 Struggling housebuilder Crest Nicholson has rejected a £650million takeover offer from rival Bellway.The details came [...]

Labour vows to scrutinise Royal Mail bid: Manifesto plan puts £3.6bn deal in doubt

By Jessica Clark Updated: 22:03 BST, 13 June 2024 Labour has vowed to ‘robustly scrutinise’ the Royal Mail takeover and give workers a ‘stronger voice’ [...]

Peel Hunt boss says ‘switch has been flicked’ on City gloom after bumper Raspberry Pi float

By John-Paul Ford Rojas Updated: 22:03 BST, 13 June 2024 Optimism: Peel Hunt boss Steven Fine (pictured) said that there were ‘tentative signs... that a recovery [...]

Retail Consortium defends decision to allow Shein to join amid concerns over workers rights

By Emily Hawkins Updated: 22:03 BST, 13 June 2024 The British Retail Consortium (BRC) has defended its decision to allow Shein to join amid concerns [...]

Wise shares slump as fintech group warns of slowing income growth

Wise expects underlying income to rise by 15-20% in the 2025 financial yearThe company is reinvesting some of its gross profit margin in lowering pricesBy [...]

This new King Charles £5 note sells for £11,000 at Bank of England auction

A new £5 note featuring King Charles III has sold for £11,000 at an auctionIt has the third lowest serial number of a new £5 [...]

Peel Hunt’s losses widen but firm sees shoots of growth for London listings

Peel Hunt shares fell by nearly 4% on Thursday afternoon By Jane Denton Updated: 12:15 BST, 13 June 2024 In charge: Steven Fine is the chief [...]

Fuller’s scores higher profits despite significant inflationary pressures

Fuller's reported pre-tax profits jumped by 40% to £14.4m in the year to MarchThe firm's operating margins increased despite higher food and labour costsBy Harry [...]

BUSINESS LIVE: Crest Nicholson sees earnings slump; Wise trebles profits; Fuller’s buoyed by growing urban sales

By This Is Money Updated: 08:37 BST, 13 June 2024 Among the companies with reports and trading updates today are Crest Nicholson, Wise, Fuller, Smith [...]

Raspberry Pi makes second day of gains following bumper London stock market debut

By Leah Montebello Updated: 22:01 BST, 12 June 2024 IPO: Shares in Raspberry Pi, whose products are popular with amateur coders and hobbyists, rose as [...]

Musk braced for crunch vote on £44bn pay deal as tycoon’s future as Tesla chief exec hangs in the balance

By Leah Montebello Updated: 22:01 BST, 12 June 2024 On tenterhooks: Elon Musk is already one of the world’s richest menElon Musk’s future as Tesla [...]

Another boost for City as Digital bank Starling plots UK flotation after profits jump 55%

By Jessica Clark Updated: 22:00 BST, 12 June 2024 Digital bank Starling said it is eyeing a London stock market listing as it revealed profits [...]

Apple passes Microsoft as world’s biggest firm as investors cheer iPhone-maker’s AI plans

By Leah Montebello Updated: 22:00 BST, 12 June 2024 Apple has leapfrogged Microsoft to become the world’s most valuable company as investors cheered its plans [...]

Welfare bill to rise £21bn by end of next Parliament due to ageing population

By John-Paul Ford Rojas Updated: 22:00 BST, 12 June 2024 Britain’s annual welfare bill will be £21billion higher by the end of the next Parliament [...]

SALLY SORTS IT: My husband’s dentures have vanished and he can’t eat. Can I get compensation?

By Sally Hamilton Updated: 16:59 BST, 12 June 2024 My husband needed emergency surgery on Christmas Day last year, which required his dentures to be [...]

Video game developer Frontier achieves forecast-beating results

Frontier said its revenue totalled around £89m for the year ending MayThe Cambridge-based company soon plans to launch F1 Manager 2024By Harry Wise Updated: 16:14 [...]

Two former BHS directors must pay at least £18m to creditors, judgement rules

Lennart Henningson and Dominic Chandler found liable for wrongful trading By Jane Denton Updated: 13:50 BST, 12 June 2024 Two former BHS directors have been ordered [...]

Over 65s now more likely to pay income tax than those aged 16 to 64, IFS says

By Angharad Carrick Updated: 13:15 BST, 12 June 2024 Two-thirds of pensioners now pay income tax and, for the first time, those aged 65 and [...]

Starling Bank sees pre-tax profits surge as it benefits from a far higher net interest margin

Starling has posted its third full year of profitability The digital bank reeled in £301.1m in pre-tax profits By Helen Kirrane Updated: 12:45 BST, 12 June 2024 [...]

Demand for oil will peak in 2029, International Energy Agency says

IEA said there will be a 'staggering' surplus of oil by the end of the decade By Jane Denton Updated: 12:29 BST, 12 June 2024 There [...]

DFS declares another profit warning as trade remains hit by Red Sea crisis

DFS now anticipates underlying pre-tax profits of between £10m and £12mThe Doncaster-based group also expects to report £995m to £1bn in revenues By Harry Wise Updated: [...]

BUSINESS LIVE: UK GDP flatlined in April; DFS makes profit warning; Legal & General unveils new strategy

By Harry Wise Updated: 07:52 BST, 12 June 2024 The UK economy failed to grow in April as poor weather hurt consumer spending, according to [...]

Severn Trent boss Liv Garfield pockets a £3.2m bonus despite rising sewage spills

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 11 June 2024 Swimming in it: Severn Trent’s boss Liv Garfield was paid £3.2m last [...]

My golden rules for picking a regular savings account: SYLVIA MORRIS

By Sylvia Morris Updated: 22:01 BST, 11 June 2024 Readers often ask me which is the best regular savings account.These are accounts designed for savers [...]

Labour jeopardy for Port Talbot as Tata insists next government must stick to current plan

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 11 June 2024 Labour has urged Tata to wait until after the General Election on [...]

Farage blasts Alison Rose’s City comeback: Former Natwest boss hired by Charterhouse

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 11 June 2024 Alison Rose (pictured), was forced to step down from NatWest following a row [...]

London listing is easy as Pi as Raspberry soars: Computer maker’s shares rise 42% on bumper debut

By Leah Montebello Updated: 22:00 BST, 11 June 2024 Raspberry Pi shares soared by more than 40 per cent yesterday on a bumper debut on [...]