Business & Finance

Get insights on markets, investing, personal finance tips, and the latest economic developments.

London stock market primed for an upturn, says broker after months of doom mongering

By Emily Hawkins Updated: 22:03 BST, 10 June 2024 Upbeat: Peel Hunt said it was expecting there to be an ‘increasing number’ of London market [...]

Apple teams up with OpenAI – giving iPhone users access to ChatGPT technology

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 10 June 2024 AI future: Apple chief exec Tim Cook set out how the US [...]

Macron election call sparks market mayhem: Pound hits highest level against euro in two years

By John-Paul Ford Rojas Updated: 22:02 BST, 10 June 2024 Sterling rose above €1.18 against the single currency following Emmanuel Macron's shock decision to call [...]

Lioness Alex Scott in dream team tie-up with Marks & Spencer

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 10 June 2024 Tie-up: Former England football star Alex Scott is M&S's first ambassador for [...]

Shot in the arm for GSK as £1.2bn respiratory jab Arexvy is approved for a younger age group

By Jessica Clark Updated: 22:02 BST, 10 June 2024 GSK’s blockbuster respiratory jab has been approved for a younger age group in a boost for [...]

Norway fund ‘not cool’ for voting down my £45bn pay package, moans world’s richest man Elon Musk

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 10 June 2024 Elon Musk has called an investor’s decision to vote against his £45billion [...]

Goldman warns over national debt as pressures on taxpayers and the NHS mount

By John-Paul Ford Rojas Updated: 22:02 BST, 10 June 2024 The next government could take longer than planned to push down debt as pressures on [...]

Taps turned on for water chief’s pay despite company blamed for vomiting bug outbreak

By Jessica Clark Updated: 22:02 BST, 10 June 2024 The boss of South West Water’s parent company has raked in £860,000 despite a parasite contamination [...]

Walgreens drops Boots’ London listing plan to focus on problems at its US pharmacy business

By Emily Hawkins Updated: 22:00 BST, 10 June 2024 The US owner of Boots has put plans for a float or sale of the chemist [...]

What the election means for investments and pensions

By This Is Money Updated: 17:19 BST, 10 June 2024 The general election is fast approaching and both Labour and the Conservatives are jostling for [...]

Aston Martin to hike pay for thousands of UK workers

This will be for more than 2,500 employees and contractorsManufacturing technicians will also receive a 1.5 per cent rise in 2025By Daniel Fessahaye Updated: 13:53 [...]

Wood Group finalises first phase of work on world’s largest carbon capture scheme

The oilfield services business is a major contractor on Aramco's ACCS projectState-owned Aramco is one of the most valuable publicly-traded companiesBy Harry Wise Updated: 12:13 [...]

Labour rumoured to have dropped plans to reinstate the pensions lifetime allowance in boost to wealthy savers

By Angharad Carrick Updated: 11:01 BST, 10 June 2024 Labour is rumoured to have u-turned on its plans to reinstate the pensions lifetime allowance which [...]

Brave Bison quits Mission Group takeover efforts

Brave Bison's most recent deal valued each Mission Group share at 35.1p The firm said Mission rebuffed its efforts to have a 'constructive dialogue'By Harry Wise [...]

BUSINESS LIVE: Mission Group suitor quits talks; Pennon replaces chair; Ashtead explores US switch

By Live Commentary Updated: 07:36 BST, 10 June 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

General Election delays Marks & Spencer flagship store again

High Street retailer wants to raze and rebuild its Oxford Street storeLast month M&S said it was hopeful ministers would approve its plans 'very soon'But [...]

Blow to City as £24bn Ashtead ‘explores switch to Wall Street’

By John-Paul Ford Rojas Updated: 21:50 BST, 9 June 2024 Concern: M&S chairman Archie NormanFTSE 100 equipment hire giant Ashtead is reportedly considering a move to [...]

Chinese firm Hikvision doubles CCTV sales in Britain

By John-Paul Ford Rojas Updated: 21:50 BST, 9 June 2024 A Chinese CCTV firm whose equipment is banned by the Government from 'sensitive' sites more [...]

Alfa Romeo Tonale review: I always wanted a little Alfa – but can a SUV bring the same sporting thrill?

By Ray Massey Updated: 06:34 BST, 9 June 2024 Ever since seeing Dustin Hoffman drove his Alfa Romeo Spider in the classic film The Graduate, [...]

British Fashion Council warns Shein’s planned £50bn float on Stock Exchange is ‘significant concern’ to the industry

By Emily Hawkins Updated: 21:51 BST, 8 June 2024 Concern: Top investors have warned that courting Shein reeks of desperationThe British Fashion Council (BFC) has [...]

MIDAS SHARE TIPS UPDATE: Our private equity stock tip is up 18% but it’s still a bargain buy for investors

By Joanne Hart Updated: 21:51 BST, 8 June 2024 When the Prince and Princess of Wales sent George and Charlotte to Thomas's Battersea, they were [...]

Capita to announce new tie-up with Amazon Web Services to use advanced artificial intelligence in call centres

By Francesca Washtell Updated: 21:51 BST, 8 June 2024 Capita will announce a new tie-up with Amazon Web Services to use advanced artificial intelligence (AI) [...]

CITY WHISPERS: De Beers hangs on to the artworks in Anglo American divorce

By Francesca Washtell Updated: 21:51 BST, 8 June 2024 Jawdropping work: David HockneyDuring the divorce of any rich couple eventually comes the crucial question: who keeps [...]

ALLIANCE TRUST: The ‘dividend hero’ that’s poised to maintain its amazing record

By Jeff Prestridge Updated: 21:51 BST, 8 June 2024 Global investment trust Alliance is on a roll, much to the delight of shareholders. In terms of [...]

Scrap share tax, says Abrdn boss: Investors DO back UK market

By Patrick Tooher Updated: 21:50 BST, 8 June 2024 Influential: Abrdn chairman Sir Douglas FlintAxing stamp duty on shares would boost the economy and encourage companies to [...]

Family feud sees billionaire brothers who bought Asda go their separate ways

TDR Capital announced it will become Asda's majority ownerBy Jessica Clark Updated: 11:01 BST, 8 June 2024 A family feud has seen the billionaire brothers [...]

What does it take to win the Premium Bonds – and is it worth you trying? This is Money podcast

By This Is Money Updated: 09:43 BST, 8 June 2024 How much do you need in Premium Bonds to win the jackpot? And if you [...]

Warning to drivers over ‘family and friends’ rule that could be invalidate their insurance and cost £1,000

By Shannon Mcguigan Updated: 08:42 BST, 8 June 2024 Motorists could land themselves a hefty fine - and even points on their licence - if [...]

Influential City group calls on next government to review stamp duty on shares

By Jessica Clark Updated: 21:50 BST, 7 June 2024 Speaking out: Stock Exchange boss Julia Hoggett has described the tax as 'pernicious'An influential City group [...]

SHARE OF THE WEEK: Tesco set for first quarter update

By City & Finance Reporter Updated: 21:50 BST, 7 June 2024 Tesco will be in the spotlight next week and there are plenty of reasons [...]

MARKET REPORT: Hangover for cider seller as boss makes shock exit

By John Abiona Updated: 21:50 BST, 7 June 2024 Early summer is normally when cider sales start to spike as drinkers try to quench their [...]

Shares in night-vision goggle maker Exosens soar on its debut on Paris stock exchange

By City & Finance Reporter Updated: 21:50 BST, 7 June 2024 Shares in a night-vision goggle maker soared on its debut on the Paris stock [...]

How to have a say (and cash in) on London stock market bid frenzy

By Jessica Clark Updated: 21:50 BST, 7 June 2024 London's stock market is in the grip of a takeover 'feeding frenzy' with new bids coming [...]

Mike Lynch: We must reform extradition treaty to US

By Emily Hawkins Updated: 21:50 BST, 7 June 2024 Acquitted: Founder of Autonomy Mike LynchMike Lynch plans to convince ministers to reform Britain's extradition treaty with [...]

Huge US jobs growth hammers Federal Reserve interest rate cut hopes

Non-farm payrolls increased by 272,000 jobs in May, according to US figures  By Mike Sheen Updated: 14:54 BST, 7 June 2024 The US Federal Reserve could [...]

Chief exec of Magners cider maker C&C Group resigns amid accounting errors

Patrick McMahon only became C&C Group's chief executive in May 2023 The Dublin-based company is best known for Magners and Bulmers ciderBy Harry Wise Updated: 13:05 [...]