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All posts in: Business & Finance

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 acc... read more

Abrdn boss Stephen Bird quits asset manager

Stephen Bird has stepped down as the investment group’s chief executive Jason Windsor, Abrdn’s finance boss, will become CEO on an interim basis  B... read more

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 platform Two AJ Bell execs have also sold a chunk of shares after bumper gains Thursday  By Mike... read more

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

Coventry agreed to acquire the Co-op Bank last month in a £780m deal The takeover would return the Co-op Bank to a mutual ownership structure By Harry Wise Upd... read more

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 21 per cen... read more

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 latest accounts ... read more

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 windfall Scottish Mortgage Investment T... read more

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 craze. The sto... read more

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 failed to prove her colon ... read more

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 pension years,... read more

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 over 10 per cent o... read more

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 ends We look at ... read more

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 airl... read more

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 are National Grid, ... read more

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:... read more

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 maker, run by... read more

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 minerâ€... read more

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 buyers Britain’s biggest ... read more

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 time in nearly a... read more

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 hobbyists Computer mak... read more

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 Government shares in N... read more

SSE profits drop as oil and gas prices normalise

SSE’s adjusted operating profits fell to £2.4bn in the year ending March 2024 The decline in earnings was driven by its thermal and gas storage division ... read more

Banking giant Citi fined £62m by UK watchdogs

The Prudential Regulation Authority has imposed a £33.9m fine on Citi Meanwhile, the Financial Conduct Authority handed out a £27.8m penalty By Harry Wise Upd... read more

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, but they... read more