Business & Finance | Express Digest

MARKET REPORT: S4 Capital shares soar as Sir Martin Sorrell piles into artificial intelligence

By John Abiona Updated: 21:50 BST, 10 May 2024 A spring in his step: Sir Martin SorrellSir Martin Sorrell will have a spring in his step [...]

Should the Bank of England have cut interest rates instead of holding firm? The This is Money podcast

By This Is Money Updated: 16:41 BST, 10 May 2024 The Bank of England decided to hold the base rate for the sixth time in [...]

Rightmove expects weaker ad revenue growth as more lettings agents join the property platform

Rightmove now expects ARPA to rise by £75 to £85 on the £1,431 made last yearThe London-based firm said the new figures reflected the shift [...]

BA owner IAG profits climb more than sevenfold

IAG revealed its operating profits climbed to €68m (£58.5m) in the first quarterThe firm carried 26.4m passengers during the period, over 2m up year-on-yearBy Harry [...]

BUSINESS LIVE: UK GDP grows 0.6%; IAG profits take off; Rightmove eyes residential market improvement

By Live Commentary Updated: 07:55 BST, 10 May 2024 The British economy exited recession in the first quarter of 2024, expanding by a better-than-expected 0.6 [...]

Bank of England paves way for Britain to cut interest rates before the US

By John-Paul Ford Rojas Updated: 22:51 BST, 9 May 2024 Bank of England Governor Andrew Bailey yesterday gave his strongest hint yet that Britain could [...]

Vodafone told to boost security as £15bn Three merger is given the green light

By Daily Mail City & Finance Reporter Updated: 22:13 BST, 9 May 2024 Merger: Vodafone's £15bn tie-up with Three UK has been given the green [...]

ITV hopes for summer ad boom as it continues to reel from Hollywood strikes

By Leah Montebello Updated: 22:12 BST, 9 May 2024 ITV is pinning its hopes on an advertising boom in the Euro 2024 football championships as [...]

Cameron left red-faced as Greensill sues Government over alleged leak

By Patrick Tooher Updated: 22:12 BST, 9 May 2024 Foreign Secretary David Cameron is facing fresh embarrassment over his links to the disgraced financier Lex [...]

Takeover target Wood Group hit by slump in revenues as bidders circle

By Jessica Clark Updated: 22:11 BST, 9 May 2024 Takeover target: Oil industry engineer Wood Group turned down a takeover £1.4bn offer from Dubai rival [...]

BBVA goes directly to shareholders as it steps up bid for TSB owner Sabadell

By Daily Mail City & Finance Reporter Updated: 22:11 BST, 9 May 2024 Rejected offer: Spanish bank BBVA wants to buy rival Banco SabadellSpanish bank BBVA [...]

BUSINESS LIVE: BoE base rate decision; ITV eyes ad market recovery; John Wood rejects takeover offer

By Live Commentary Updated: 17:15 BST, 9 May 2024 The FTSE 100 hit a new closing high, up 27.30 points at 8381.35. It reached a [...]

Blackstone set to acquire Hipgnosis as Concord refuses to up offer

Concord said its $1.25 (£1) per share bid for Hipgnosis would not go any higherBlackstone's pursuit of Hipgnosis comes amidst a surge in takeovers of [...]

The New Roosh X Investment Initiative

Roosh represents a Ukrainian investment group focused on contributing to technological startups. This year, the investment group has announced the launch of Roosh X, a [...]

Mortgage rates are climbing again – should we be worried? This is Money podcast

By This Is Money Updated: 10:56 BST, 9 May 2024 With not one but two mortgage spikes fresh in our minds, a flurry of rate [...]

Avon Protection handed £38m gas mask contract by MoD

Reports have claimed that Russia is using chemical weapons in Ukraine Avon Protection shares have risen sharply in the last year By Jane Denton Updated: 10:48 BST, [...]

Watches of Switzerland buys Italy’s Roberto Coin for £104m

Watches of Switzerland shares have fallen over 57% in the last year By Jane Denton Updated: 09:31 BST, 9 May 2024 Watches of Switzerland Group has [...]

BAE Systems tools-up for growth as Britain plots defence spending boost

Rishi Sunak said the UK would hike defence spending to 2.5% of GDP by 2030 The United States recently approved $61bn (£49n) of assistance to UkraineBy [...]

Scottish Power says our meters are too old – is this a ruse to force us to get a smart meter?

By Angharad Carrick Updated: 06:00 BST, 9 May 2024 Our electric and gas company, Scottish Power have said that our meters have come to the [...]

Drivers abandon Direct Line after insurance premium hikes

By John-Paul Ford Rojas Updated: 22:04 BST, 8 May 2024 Direct Line lost 434,000 car insurance customers over the past year after it sharply hiked [...]

Hedge fund tycoon’s £34m silver salvage claim sunk at the Supreme Court

By Jessica Clark Updated: 22:03 BST, 8 May 2024 A company controlled by millionaire hedge fund boss Sir Paul Marshall has lost a legal battle [...]

Snoop Dogg cannabis firm to ditch London after losing 97% of its value

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 8 May 2024 Investor: Snoop Dogg is a partner in cannabis-focused venture capital firm, Casa [...]

Controversial Brewdog founder James Watt steps downs

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 8 May 2024 Last orders: Brewdog boss James Watt is dating former Made in Chelsea [...]

We do need to resolve inequality admits £8m-a-year Centrica boss

By Jessica Clark Updated: 22:03 BST, 8 May 2024 Pay rise: Centrica chief exec Chris O’Shea (pictured) earns £8m a yearThe boss of British Gas [...]

TSB to close one in six branches: More than 6,000 shut by banks since 2015

By Jessica Clark Updated: 22:03 BST, 8 May 2024 TSB is facing a backlash after announcing plans to close one in six of its branches [...]

Millions kept in the dark over City watchdog’s mystery probe: FCA defends name and shame plan

By John-Paul Ford Rojas Updated: 22:03 BST, 8 May 2024 Millions of UK consumers are in the dark over a mystery firm being probed by [...]

Oil industry engineer Wood Group rejects £1.4bn Dubai takeover bid

By Leah Montebello Updated: 22:03 BST, 8 May 2024 Target: Oil industry engineer Wood Group has rejected a takeover bid from from Dubai-based rival Sidara Oil [...]

Events planner Informa hikes share buyback scheme to £500m

The exhibitions organiser said it would repurchase £500m of its shares in 2024 It noted that all divisions were performing ahead or in line with current [...]

Wetherspoon’s profits buoyed by Guinness boom among younger punters

The pub chain reported like-for-like sales have risen by 8.3% so far this year that trade was impacted by a Bank Holiday weekend happening a week [...]

Direct Line customers faced higher prices in the first quarter

One City analyst claimed price hikes had led to customers leaving the group By Jane Denton Updated: 09:03 BST, 8 May 2024 Direct Line Group saw [...]

Here’s one type of savings account you SHOULD get from a High Street bank – SYLVIA MORRIS

By Sylvia Morris Updated: 22:34 BST, 7 May 2024 Cash Isa rates have dropped like a stone since the start of this month.Providers pushed up [...]

Big Four auditors fined £9m for the London Capital & Finance mini-bond crisis

By John-Paul Ford Rojas Updated: 22:21 BST, 7 May 2024 Big Four accountants PwC and EY were yesterday fined more than £9million in total over [...]

Zalando has sporting chance of summer boost after swinging back into the black

By Daily Mail City & Finance Reporter Updated: 22:11 BST, 7 May 2024 In profit: German online fashion retailer Zalando sells brands such as Nike [...]

Online trading platform Plus500 suffers fourth consecutive revolt over fat-cat pay

By Daily Mail City & Finance Reporter Updated: 22:09 BST, 7 May 2024 Pay dispute: Plus 500 said two-thirds of participating shareholders opposed its remuneration [...]

Boost for City as BP vows to keep its London listing – but profits at oil giant tumble 45% to £2.2bn

By Jessica Clark Updated: 22:09 BST, 7 May 2024 BP’s boss insisted the oil giant has no plans to leave the London stock market as [...]

Saudi Aramco to pay £100bn dividend to help fund city of the future

By Daily Mail City & Finance Reporter Updated: 22:08 BST, 7 May 2024 Saudi Aramco is set to pay shareholders almost £100billion in dividends this [...]