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All posts in: Business & Finance

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 Hockney During the divorce of any rich couple eventually comes the crucial questi... read more

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 dividends an... read more

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 Flint Axing stamp duty on shares would boost the economy and encoura... read more

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

TDR Capital announced it will become Asda’s majority owner By Jessica Clark Updated: 11:01 BST, 8 June 2024 A family feud has seen the billionaire brother... read more

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 haven’t maxed them out to the full £50,... read more

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 they make t... read more

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 influentia... read more

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 to be optimistic. Britai... read more

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 thirsts. But for the sel... read more

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 exchange yesterday. ... read more

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 thic... read more

Mike Lynch: We must reform extradition treaty to US

By Emily Hawkins Updated: 21:50 BST, 7 June 2024 Acquitted: Founder of Autonomy Mike Lynch Mike Lynch plans to convince ministers to reform Britain’s ext... read more

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 keep ... read more

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 cider By Harry Wi... read more

New era for Asda as private equity backer TDR Capital becomes majority owner

By Mike Sheen Updated: 12:44 BST, 7 June 2024 Asda is set for new ownership after Zuber Issa sold his stake in the supermarket group to private equity backer TD... read more

Bellway upgrades price guidance as UK property sector stabilises

Bellway now expects its properties to sell for an average £305,000 this year The company said the upgraded outlook was down to ‘changes in product mix  ... read more

Bridgepoint chairman steps down | Daily Mail Online

By City & Finance Reporter Updated: 10:19 BST, 7 June 2024 William Jackson steps down as chair of Bridgepoint  The chairman of private equity firm Bridgepo... read more

Chanel creative director quits after five years with French fashion house

By City & Finance Reporter Updated: 09:56 BST, 7 June 2024 Designer Virginie Viard walks the runway Chanel has announced the departure of creative director ... read more

Greek banks to pay dividends for the first time since the global financial crisis

By Emily Hawkins Updated: 09:35 BST, 7 June 2024 Greek banks have been given the go-ahead to hand out dividends for the first time since the sector was hammered... read more

Tech giants Microsoft, Open AI and Nvidia face AI competition probe

By Leah Montebello Updated: 09:05 BST, 7 June 2024 US regulators are set to launch a competition probe into Microsoft, Open AI and Nvidia in a crackdown against... read more

Tumbling Trafigura profits signal end to commodity boom

By Leah Montebello Updated: 08:52 BST, 7 June 2024 One of the world’s biggest trading houses has posted a slump in profits in yet another sign that the bo... read more

Autonomy founder Mike Lynch cleared in $11bn US fraud trial

Representatives and prosecutors say Lynch was cleared on all 15 charges  By Mail Foreign Service Updated: 08:19 BST, 7 June 2024 British entrepreneur Mike Lync... read more

Business secretary Kemi Badenoch to hold talks with Royal Mail suitor

By Leah Montebello Updated: 08:18 BST, 7 June 2024 Business Secretary Kemi Badenoch will meet ‘Czech Sphinx’ Daniel Kretinsky as he presses on with his £3.... read more

ECB cuts rates for first time since 2019 – but warns higher prices could return

By Jessica Clark Updated: 07:48 BST, 7 June 2024 The European Central Bank (ECB) cut interest rates yesterday despite hiking inflation expectations for this yea... read more