Business & Finance | Express Digest

Tesla’s chairman dismisses as ‘c**p’ claims she is too close to Elon Musk as his £44bn pay deal hangs in balance

By City & Finance Reporter Updated: 21:51 BST, 17 May 2024 Tesla's chairman has dismissed as 'c**p' claims she is too close to Elon Musk [...]

SHARE OF THE WEEK: Investors hoping Marks & Spencer can continue its dazzling recovery

By City & Finance Reporter Updated: 21:50 BST, 17 May 2024 Investors will be hoping Marks & Spencer can continue its dazzling recovery.Boss Stuart Machin [...]

MARKET REPORT: China’s Ping An insists it is not bailing out of HSBC

By Hugo Duncan Updated: 21:50 BST, 17 May 2024 HSBC's biggest investor has insisted the bank is a 'long-term investment' amid suggestions it is looking [...]

INVESTING EXPLAINED: What you need to know about pandemic era winners

By City & Finance Reporter Updated: 21:50 BST, 17 May 2024 In this series, we bust the jargon and explain a popular investing term or [...]

The mystery of the stolen Nectar Points – and the loyalty card price sting: This is Money podcast

By This Is Money Updated: 17:43 BST, 17 May 2024 Supermarket loyalty schemes have become even more of a big thing in recent years as [...]

Typical energy bill set to fall by £116 in July, latest Cornwall Insight forecast predicts

Ofgem price cap is set to fall by 7% in July, expert analysts believeTypical home will still face high energy bills despite the welcome fall By [...]

Land Securities losses narrow but interest rate cuts ‘can’t come soon enough’

Land Securities owns the Piccadilly Lights and Bluewater shopping centreThe FTSE 250 company's net assets declined by £625m to around £6.4bnBy Harry Wise Updated: 13:45 [...]

GSK completes sale of Haleon shares having raised £3.9bn since IPO

The FTSE 100 drugmaker has sold its final tranche of shares worth £1.3bn By Mike Sheen Updated: 10:28 BST, 17 May 2024 GSK has finally completed [...]

Sainsbury’s and Microsoft signs five-year artificial intelligence deal

Sainsbury's intends to employ Microsoft's AI and machine learning toolsIt said customers will gain a 'more interactive online shopping experience' By Harry Wise Updated: 09:53 BST, [...]

Turbulence at Easyjet as boss stands down sending share price plummeting 6%

By Leah Montebello Updated: 22:06 BST, 16 May 2024 The boss of Easyjet is to stand down after steering the airline through the pandemic.Johan Lundgren [...]

Chevron to sell its oil and gas assets in the North Sea after more than five decades

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 16 May 2024 US energy giant Chevron is putting its North Sea assets up for [...]

Stock market chief insists there is a ‘strong cause for optimism’ as she pins hopes on a City listings boom

By John-Paul Ford Rojas Updated: 22:04 BST, 16 May 2024 The head of the London Stock Exchange yesterday said there was a ‘strong cause for [...]

Time to wind back the tourist tax, says Watches of Switzerland boss

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 16 May 2024 Time for change: Watches of Switzerland boss Brian Duffy wants the return [...]

HSBC eyes victory in battle to keep its Asian business as top investor Ping An looks to cut stake

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 16 May 2024 Stake: The Chinese insurance group Ping An has an 8% holding in [...]

David Beckham teams up with Hugo Boss to design menswear collections

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 16 May 2024 Former England footballer David Beckham has teamed up with Hugo Boss to [...]

BT proves investors wrong as shares soar 17% in boost for new boss

By Leah Montebello Updated: 22:00 BST, 16 May 2024 BT shares made their biggest gains in almost a quarter of a century in a major [...]

Future shares jump after publisher declares £45m share buyback

The Country Life publisher was founded by TED Talks curator Chris Anderson Future's pre-tax profits slumped by 30% in the six months ending MarchBy Harry Wise [...]

Superdrug unveils plans to open 25 new stores this year – is your town on the list?

Some Superdrug stores will also get a refit, while others will be extended By Jane Denton Updated: 15:36 BST, 16 May 2024 Superdrug has announced plans [...]

Ambrosia owner Premier Foods profits boosted by promotional pricing and ice cream demand

Premier Foods reported its adjusted pre-tax profits grew by 15.1% to £157.9mThe firm's headline turnover increased by the same percentage to £1.12bnBy Harry Wise Updated: [...]

City watchdog charges Lauren Goodger and TOWIE and Love Island stars for promoting risky investments

TOWIE’s Lauren Goodger and Love Island’s Biggs Chris are among those accusedThe reality TV stars could face up to two years’ imprisonment if convictedBy John-Paul [...]

BT Group ups dividend despite losing almost half-a-million broadband customers

BT lost 491,000 Openreach customers in the 12 months ending March Yet it plans to hand investors a final dividend of 5.69 pence per shareBy Harry [...]

BUSINESS LIVE: BT to boost free cash flow; EasyJet CEO to exit; United Utilities profits slump

By Live Commentary Updated: 07:50 BST, 16 May 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

David Cameron’s mother-in-Law quits luxury furniture firm OKA after US expansion row

By Alex Brummer Updated: 22:01 BST, 15 May 2024 Annabel Astor, the mother-in-law of Foreign Secretary David Cameron, is about to resign from OKA, the [...]

Electric car quotas risk creating ‘volatility and disruption’ in the market, warns Vertu boss

By John-Paul Ford Rojas Updated: 22:00 BST, 15 May 2024 Green drive: Under the zero-emission vehicle mandate, car makers must increase the proportion of electric [...]

British tech firm Raspberry Pi eyes £500m London float in much-needed boost for the City

By Leah Montebello Updated: 22:00 BST, 15 May 2024 British tech firm Raspberry Pi has said it will list on the London stock exchange in [...]

Anglo to sell coking coal arm for £4.75bn in bid to convince investors shake-up is working

By Alex Brummer and Jessica Clark Updated: 22:00 BST, 15 May 2024 Quick sale: Anglo American wants to offload its coking coal business for £4.75bnAnglo American [...]

Tui Group losses narrow thanks to record second quarter

Tui's pre-tax losses declined by 37.9% to €403.1m in the six months to MarchOver the latter three months of the period, Tui's revenue hit a record [...]

Vertu Motors scores record sales of almost £5bn

The Gateshead-based dealership chain owns the Bristol Street Motors brandRecent acquisitions contributed around £450m to the group's turnoverBy Harry Wise Updated: 13:01 BST, 15 May [...]

Golden Virginia owner Imperial Brands bolstered by higher tobacco prices

Imperial said net revenues rose by 2.8% in the six months ending MarchTobacco prices expanded by 8.6%, offsetting a 6.3% drop in volumes By Harry Wise [...]

Pay monthly insurance most popular as customers try to dodge big bills – even though they pay more overall

Britons are turning away from yearly insurance payments in a bid to save moneyAlmost three-quarters of consumers pay monthly for at least one insurance deal But [...]

France urges men to ‘drive like a woman’ as part of new road safety campaign to reduce number of deaths on the road

Slogan 'conduisez comme une femme' being used by a French road safety groupMen in France responsible for 84% of fatal crashes; 93% of drink-driving casesBy [...]

The new 5.05% limited access account that savers are rushing to open – SYLVIA MORRIS

By Sylvia Morris Updated: 22:58 BST, 14 May 2024 Together, we Britons hold more than £900billion in easy access accounts, ideal for dipping into when [...]

Tesco boss pockets £10m in biggest ever pay deal at a UK supermarket

By Emily Hawkins Updated: 22:26 BST, 14 May 2024 Tesco's chief executive took home record-breaking pay of nearly £10million last year – the largest earnings [...]

ANOTHER UK tech star is bought by US private equity: KKR snaps up IQGeo in £333m deal

By Mark Shapland Updated: 22:24 BST, 14 May 2024 IQGeo Group has agreed to be bought for £333m by KKRA leading British satellite software company [...]

Axe stamp duty on British shares, says Flutter boss as the gambling giant heads for the US

By Leah Montebello Updated: 22:23 BST, 14 May 2024 Flutter’s boss – who is moving the company’s main stock market listing to New York – [...]

Royal Mail’s future hanging in the balance as bid deadline closes in for Czech tycoon

By Leah Montebello Updated: 22:22 BST, 14 May 2024 Daniel Kretinsky – known as the Czech Sphinx – has until 5pm today to walk away [...]