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All posts in: Business & Finance

Standard Chartered accused of funding Hamas and enabling billions of dollars of transactions for Iran

By John-Paul Ford Rojas Updated: 22:01 BST, 4 June 2024 Standard Chartered was yesterday facing fresh allegations that it enabled billions of dollars of banking... read more

Ocado and St James’s Place are set to crash out of FTSE 100 after share price slump

By Emily Hawkins Updated: 22:01 BST, 4 June 2024 Ocado stock has plunged 53% this year so far Ocado and St James’s Place are set to exit the FTSE 100 after a ... read more

Lab-grown diamonds lose their sparkle at De Beers after a controversial six-year experiment

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 4 June 2024 Lab-grown: De Beers launched its own Lightbox jewellery brand for synthetic gems in 20... read more

Santander’s block on online Facebook Marketplace sales has stopped nearly 2,000 scams

By Adele Cooke Updated: 22:00 BST, 4 June 2024 Scam block: Santander doesn’t let customers buy items on Facebook Marketplace unless they have seen them in... read more

First Direct axes handy text message alerts for customers

Customers will no longer receive texts displaying their current account balance The banks says there are ‘lots of other ways’ that users can stay up... read more

How to get a one-year fixed savings rate of 5.69%… and BEAT the top deals

Raisin is offering a £50 sign up bonus on top of its 5.22% rate for a one-year fix  This brings the rate up to 5.69% for one year on £10k, beating the top de... read more

Brookfield prepares bid for London-listed REIT Tritax EuroBox

Brookfield revealed that it was in the ‘early stages’ of evaluating a possible offer  Tritax finalised the £924m takeover of UK Commercial Propert... read more

Royal Mint aims to sell £100m of UK coins to AMERICA – despite shutting its overseas coinmaking operation

Americans mad about UK coins, and The Royal Mint plans to cash in A new distribution deal could see £100m of coins shipped to the States The Mint is scaling ba... read more

Checkit eyes £12m takeover bid for Crimson Tide

Each Crimson Tide share would be valued at 182.5p under the possible deal Checkit believes the tie-up presents a ‘compelling strategic opportunity’Â... read more

BUSINESS LIVE: S&P cuts BP credit outlook; BATS hit by illegal vapes; Checkit swoops on Crimson Tide

By Live Commentary Updated: 07:53 BST, 4 June 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are BP, British Ame... read more

Melrose trio cash in from £330m bonus pot windfall as stock price soars

By John-Paul Ford Rojas Updated: 22:01 BST, 3 June 2024 Payday: Three former bosses at buyout specialist Melrose have shared more than £330m Three former bosse... read more

Private equity titan Blackstone raises bid for Hipgnosis music fund to 103p a share

By Leah Montebello Updated: 22:01 BST, 3 June 2024 On song: Hipgnosis, which owns the rights to catalogues from the likes of Beyonce (pictured), at £1.25bn A p... read more

Digital bank Monzo in black for first time since launching nine years ago as eyes stock market listing

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 3 June 2024 In the black: Monzo reported a pre-tax profit of £15.4m for the year to the end of Ma... read more

Legal firms set to pay £200k starting salaries as they battle for talent

By Samuel Norman Updated: 22:01 BST, 3 June 2024 The war for talent at leading law firms shows no sign of slowing as experts predict junior pay could soon top Â... read more

Sainsbury chief Simon Roberts paid £5m last year (but that’s half what his Tesco rival received)

By Emily Hawkins Updated: 22:01 BST, 3 June 2024 Profits up: Sainsbury’s chief exec Simon Roberts Sainsbury’s boss was paid just under £5million last y... read more

M&S bosses share £9m as High Street chain’s recovery sparks biggest pay day in over a decade

By Emily Hawkins Updated: 22:00 BST, 3 June 2024 Marks & Spencer bosses scooped more than £4million each last year after its recovery sparked the biggest p... read more

Meme stock rally lifts Gamestop: Video game retailer almost doubles in early trading

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 3 June 2024 Meme stock: Gamestop almost doubled in early trading and was up around 24% last night ... read more

Shein closes in on £50bn London listing despite concerns over working conditions

By Emily Hawkins Updated: 22:00 BST, 3 June 2024 London listing: Shein, which was set up in Nanjing but is now based in Singapore, could file papers as soon as ... read more

Raspberry Pi eyes £540m valuation when it floats on the LSE next week

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 3 June 2024 Float: Raspberry Pi sells computers to amateur coders Computer maker Raspberry Pi is e... read more

UK Ford staff planning to strike after rejecting pay offer

Workers have rejected Ford’s offer of a performance-related pay award  Unite said staff will begin working to rule and an overtime ban on 14 June  By Ha... read more

Franchise Brands ups profit guidance but results delayed

The firm expects to report £29.3m-£30.1m in adjusted earnings for the last year Listed on the AIM market, Franchise Brands controls over 625 franchisees  By ... read more

Four Premium Bonds holders win £100k and £50k prizes with holdings smaller than £1,000…

By Helen Kirrane Updated: 13:04 BST, 3 June 2024 Every month, Premium Bond holders eagerly wait to find out whether they have won a big prize in NS&I’... read more

Child benefit chaos as HMRC says some parents won’t receive payments today

By Angharad Carrick Updated: 11:15 BST, 3 June 2024 Some parents have missed out on their child benefit payment today due to a problem with HMRC. Child benefit ... read more

Marlowe chair quits after firm finalises £430m sale

Quinn will be replaced on an interim basis by Tory donor Lord Ashcroft  He joined Marlowe after a 13-year stint as chief financial officer of Berendsen  By Ha... read more