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All posts in: Business & Finance

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

New King Charles bank notes already being listed on Ebay for £150

New King Charles bank notes entered into circulation yesterday for the first time Now some of the notes are selling for up to £150 on eBay By Helen Kirrane Upd... read more

Council tax in England is frozen in 1991 and needs urgent reform, says the IFS

By Angharad Carrick Updated: 16:00 BST, 6 June 2024 The council tax system needs urgent reform to kickstart growth in the UK, according to a leading think tank.... read more

Activist investor and critic of former Entain boss ups stake in Ladbrokes owner

Rick Sandler joined the board in January after criticism of ex-Entain boss Sandler’s Eminence Capital is now Entain’s third largest shareholder   ... read more

John Wood Group agrees to engage with Sidara’s ‘final’ takeover offer

Sidara submitted a proposal in late May valuing Wood Group at around £1.6bn John Wood Group shares climbed almost 10% by early Thursday afternoon  By Harry Wi... read more

Mitie boasts another record year thanks to ‘Project Pegasus’ anti-shoplifting scheme

Mitie reported revenue increased by 11% to £4.5bn in the year ending March  The company launched ‘Project Pegasus’ in conjunction with the Home Of... read more

Britons splash-out on UK breaks over May bank holiday – with sales in Dorset and Cornwall soaring

This is Money given exclusive access to data from Mastercard   By Jane Denton Updated: 09:22 BST, 6 June 2024 Spending on staycations and home improvements ro... read more

Why it could pay to wait before passing your driving test as 17-year-old drivers quoted over £3,000 for cover

The price of insuring a car for a new driver has reached near-critical levels But the good news is that older new drivers are charged less year-on-year  By Sam... read more

Labour will hike both income and corporation tax if they win the election, warn City firms

By Leah Montebello Updated: 22:01 BST, 5 June 2024 Fears: Six in ten City institutions expect Keir Starmer’s party to hike income and corporation tax Inve... read more

Axe shares tax to revive London’s ailing stock market, says Investment Association

By John-Paul Ford Rojas Updated: 22:01 BST, 5 June 2024 The Investment Association (IA) has called on the next government to scrap stamp duty on shares to help ... read more

Just one in 25 new cars cost less than £20,000 as sales slump 13%

By Jessica Clark Updated: 22:00 BST, 5 June 2024 Drivers are turning their backs on electric vehicles as well as petrol and diesel cars amid the soaring cost of... read more

Meme stock star Roaring Kitty facing US probe over latest Gamestop trading claims

By Leah Montebello Updated: 22:00 BST, 5 June 2024 A notorious meme stock investor known as Roaring Kitty is being investigated by US regulators. The trading ac... read more

Centrica gets a slap on the wrist from investors as it pays boss Chris O’Shea £8.2m

By Jessica Clark Updated: 22:00 BST, 5 June 2024 Anger: Some 10% of Centrica shareholders opposed the £8.2m pay package handed to chief exec Chris O’Shea Bri... read more

Retailers upbeat as economy recovers: Zara owner Inditex, B&M and WH Smith report rising sales

By Emily Hawkins Updated: 22:00 BST, 5 June 2024 Three major retailers struck an upbeat tone yesterday as the economic recovery continues. Zara-owner Inditex, d... read more

Paragon Bank shares hit 17-year high as lender posts bumper profits

The Solihull-based lender’s pre-tax profits soared by 138.6% to £110.6m Paragon plans to purchase up to £100million of its shares and pay investors a 13... read more

B&M scores record sales of £5.5bn after discount retailer swooped on closing Wilko stores

B&M sells everything from food to stationery, furniture and gardening tools The FTSE 100 company revealed sales increased by around £500m to £5.5bn By Har... read more

Choosing the Right Plug for Financial Gaps: A Guide to Online Installment Loans

When financial gaps loom, the modern solution often lies in the digital lending arena. Reputable lenders are one avenue where online installment loans present a... read more

How to Buy a Car With Bad Credit

Buying a car with bad credit can present challenges, but it’s not impossible. While you may encounter higher interest rates and fees, understanding your o... read more

Digital marketing firm Mission Group mulls higher £32.3m takeover offer from Brave Bison

By Daily Mail City & Finance Reporter Updated: 00:51 BST, 5 June 2024 Takeover bid: Brave Bison owns the Social Chain agency founded by Dragons’ Den star ... read more

Stock Exchange boss dismisses Shein backlash: Julia Hoggett shrugs off human rights concerns

By John-Paul Ford Rojas and Emily Hawkins and Miles Rebeiro Updated: 22:01 BST, 4 June 2024 The London Stock Exchange’s boss has dismissed a backlash against ... read more

West on course for ‘a decade of rearmament’, warns boss of UK explosives maker

By Leah Montebello Updated: 22:01 BST, 4 June 2024 The threat of global conflict will lead to a decade of rearmament as the West bolsters its defences, the boss... read more

THG founder Matt Moulding raises his stake in the activist investor besieging his own firm

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 4 June 2024 Stake: THG founder Matt Moulding has increased his holding in Kelso Group for the thi... read more

It’s Miller time at M&S: Shares hit a six year high as chain unveils actress’s new ‘boho chic’ collection

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 4 June 2024  Marks & Spencer’s boss hailed a new ‘absolutely knockout range’ designed b... read more