Business & Finance | Express Digest

Savings Account Interest Rates: What You Need to Know

A savings account not only simplifies your daily financial transactions but also acts as an investment vehicle, as your deposited funds earn interest. This passive [...]

RAY MASSEY: Peugeot e-3008 is attractive, sprightly and has a 326-mile range

By Ray Massey Updated: 09:56 BST, 25 May 2024 The new Peugeot e-3008 may not be the spiciest of motoring experiences — but it will [...]

MARKET REPORT: FTSE keeps on falling as rate cut hopes recede

By John Abiona Updated: 21:52 BST, 24 May 2024 The FTSE 100 suffered its longest losing streak since February as hopes fade over early interest [...]

SHARE OF THE WEEK: All eyes on Anglo American as deadline for rival BHP to make formal takeover bid looms

By City & Finance Reporter Updated: 21:50 BST, 24 May 2024 All eyes will be on Anglo American this week as the deadline for rival [...]

INVESTING EXPLAINED: What you need to know about meme stocks – with a cult following thanks to social media

By City & Finance Reporter Updated: 21:50 BST, 24 May 2024 In this series, we bust the jargon and explain a popular investing term or [...]

April showers blamed as shoppers take the month off

By Leah Montebello Updated: 21:50 BST, 24 May 2024 The High Street suffered a washout last month as retail sales volumes fell 2.3 per cent.Heavy [...]

Royal Mail £350m in red but ‘back on track’, according to owner

By Jessica Clark Updated: 21:50 BST, 24 May 2024 Royal Mail's owner yesterday insisted the postal service is back on track despite missing delivery targets [...]

What could the general election mean for your money? This is Money podcast

By This Is Money Updated: 17:37 BST, 24 May 2024 The Prime Minister put an end to all the speculation this week by giving us [...]

Cadbury owner Mondelez fined €337.5m by EU for anti-competitive practices

Mondelez was found to have unlawfully restricted trade of certain products The Belvita owner also 'abused its dominant position' in the chocolate market By Harry Wise Updated: [...]

John Wood Group rejects third takeover bid from Dubai-based Sidara

Rival's 220p continues to 'significantly undervalue' the industrial engineer By Mike Sheen Updated: 14:35 BST, 24 May 2024 John Wood Group has rejected a third takeover [...]

Lloyds Bank launches current account switching deal with £175 paid within THREE DAYS

Customers will receive the bonus within just three days of making the switch The deal is only available on Club Lloyds' basic, silver and platinum accounts The bonus comes [...]

Abrdn boss Stephen Bird quits asset manager

Stephen Bird has stepped down as the investment group's chief executiveJason Windsor, Abrdn's finance boss, will become CEO on an interim basis By Harry Wise Updated: [...]

AJ Bell shares slip as founder Andy Bell flogs £28.1m stake

Andy Bell cuts stake to 18.7% after selling 7.5m shares in the platformTwo AJ Bell execs have also sold a chunk of shares after bumper [...]

Coventry’s £750m takeover of Co-op Bank confirmed

Coventry agreed to acquire the Co-op Bank last month in a £780m dealThe takeover would return the Co-op Bank to a mutual ownership structureBy Harry [...]

Qinetiq sales soar 21% as boss warns global threats are ‘accelerating’

By John-Paul Ford Rojas Updated: 23:14 BST, 23 May 2024 The boss of defence group Qinetiq said global threats are ‘accelerating’ as it reported a [...]

Royal Mail delays results as it heads towards £3.5bn takeover

By Jessica Clark Updated: 23:13 BST, 23 May 2024 Royal Mail last night came under fresh scrutiny after its owner delayed the publication of its [...]

Top Tesla investor Scottish Mortgage Investment Trust backs Musk’s £44bn pay package

By Daily Mail City & Finance Reporter Updated: 23:13 BST, 23 May 2024 Payday: Tesla boss Elon Musk is set for £44bn windfallScottish Mortgage Investment [...]

Nvidia stock hits record high as the US chip maker cashes in on the AI craze

By Leah Montebello Updated: 22:01 BST, 23 May 2024 Shares in US chip maker Ndivia soared yesterday as it cashes in on the artificial intelligence [...]

Boost for GSK as US court rejects woman’s claims heartburn drug Zantac caused her cancer

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 23 May 2024 Cleared: A jury in Chicago agreed with GSK that a woman had [...]

Long-term mortgage calculator – how much extra interest would stretching it cost you?

By This Is Money Updated: 16:28 BST, 23 May 2024 Increasing numbers of homeowners are taking out long-life mortgages that may even run into their [...]

AJ Bell shares rise 10% as investment platform hikes dividend and profits jump

AJ Bell is looking to long-term cash savers to boost its customer base By Jane Denton Updated: 15:43 BST, 23 May 2024 AJ Bell shares rose [...]

New 5.5% loyalty savings rate from Nationwide – is this now Britain’s best savings account?

Nationwide has launched a savings account for members paying 5.5% The account is an 18 month fix and money can't be withdrawn before it endsWe look [...]

Rolls-Royce engine flying hours finally recovery to pre-Covid levels

Rolls-Royce revealed large engine flying hours returned to pre-pandemic levels Its civil aerospace division received significant engine orders from three airlinesBy Harry Wise Updated: 10:11 BST, [...]

BUSINESS LIVE: National Grid to raise £7bn; Hargreaves Lansdown rejects takeover bid; Nationwide hands members £385m

By Live Commentary Updated: 07:54 BST, 23 May 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Nationwide reveals £100 Fairer Share bonus for customers again – will you qualify for June’s payout?

3.85m Nationwide members to receive a £100 Fairer Share payment The mutual giant posted record profits of £1.77bn before tax By Helen Kirrane Updated: 07:26 BST, 23 [...]

Tesla sales slam into reverse across Europe as demand for electric cars stalls

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 22 May 2024 Tesla sales have tumbled in Europe as demand stalls.The US electric car [...]

Anglo American agrees to enter talks with BHP but rejects latest £39bn offer

By Jessica Clark Updated: 22:01 BST, 22 May 2024 Takeover target Anglo American has agreed to enter talks with suitor BHP after rejecting the Australian [...]

Foreign bidders launch £5bn swoop on investment platform Hargreaves Lansdown

By John Abiona Updated: 22:01 BST, 22 May 2024 Target: Hargreaves Lansdown said it has received two approaches from a consortium of buyersBritain’s biggest investment platform [...]

Housing to be key General Election battleground as property prices bounce back

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 22 May 2024 Election boost: UK house prices have returned to growth for the first [...]

Tech firm Raspberry Pi announces it is to float on the London stock exchange next month

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 22 May 2024 Tech float: Raspberry Pi sells computers to amateur coders and hobbyistsComputer maker Raspberry [...]

July General Election throws sale of Government’s NatWest shares into doubt

By John-Paul Ford Rojas Updated: 22:00 BST, 22 May 2024 Shares sale: At its peak the taxpayer stake in Natwest stood at 84%Plans to sell [...]

SSE profits drop as oil and gas prices normalise

SSE's adjusted operating profits fell to £2.4bn in the year ending March 2024The decline in earnings was driven by its thermal and gas storage divisionBy [...]

Banking giant Citi fined £62m by UK watchdogs

The Prudential Regulation Authority has imposed a £33.9m fine on CitiMeanwhile, the Financial Conduct Authority handed out a £27.8m penaltyBy Harry Wise Updated: 09:31 BST, [...]

How coastal towns in Britain have become mirco-business hotspots

By Angharad Carrick Updated: 00:01 BST, 22 May 2024 The fresh sea air and occasional sun might be the main attraction of Britain's coastal towns, [...]

Greetings card industry sounds alarm over £3.5bn Royal Mail takeover

By Emily Hawkins Updated: 22:00 BST, 21 May 2024 The greetings card industry has sounded the alarm over the proposed £3.5billion foreign takeover of Royal [...]

Power supply firm XP Power shares soar 50% after it becomes bid target

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 21 May 2024 XP Power revealed it has turned down three offers from US rival [...]