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All posts in: Business & Finance

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 Mail... read more

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 Advanced Energy Indust... read more

Davos forum founder Klaus Schwab to stand down after more than five decades

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 21 May 2024 Stepping down: World Economic Forum founder Klaus Schwab held the first event  in 19... read more

Don’t lose your child benefit: Millions to be sent reminder letter from HMRC this week

By Adele Cooke Updated: 22:00 BST, 21 May 2024 Don’t ignore: More than 1.4 million parents will receive a reminder to renew their child benefit payments b... read more

Lidl trumps Aldi in the battle for bargain hunters with sales up almost 10% on last year

By Emily Hawkins Updated: 22:00 BST, 21 May 2024 Taking the cake: Lidl sales in the three months to May 12 were 9.4%  higher than the same period a year earlie... read more

Tesla investors try to slam the brakes on Musk’s record £44bn payday

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 21 May 2024 Outcry: Tesla boss Elon Musk is in line for a record £44bn pay package A group of Tes... read more

Bitcoin and other cryptos rally as investors eye US regulator’s spot ether ETF decision

Bitcoin stood at $70,458.81 on Tuesday after rising 5.5% in the prior 24 hours The world’s biggest virtual currency has climbed by over half since January... read more

Screwfix owner Kingfisher suffers ‘big-ticket’ spending crunch

Kingfisher’s turnover rose by just 0.3% at constant currency levels to £3.3bn In the UK and Ireland, the Screwfix owner’s revenue grew by 2.7% to Â... read more

CVS sells Dutch and Irish vet businesses for just €2

Loss making Dutch and Irish businesses told to director for £1.71 Investors are awaiting updates on April cyber attack and March CMA probe   By Mike Sheen Up... read more

AstraZeneca targets $80bn in yearly revenues by 2030

Britain’s largest pharmaceutical business achieved $45.8bn in turnover last year AstraZeneca now wants to boost annual turnover by an additional 75% by 20... read more

Nationwide doubles its maximum personal loan to £50k – how does it compare to other big banks?

Nationwide has doubled its maximum loan to £50,000 from £25,000 Over five years, the APR would be 8.9% We look at how the new loan compares to other major len... read more

Sajid Javid eyes job at Shein as the Chinese fast fashion giant prepares for London listing

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 20 May 2024 Hiring: Former Chancellor Sajid Javid held talks with Chinese fashion giant Shein Shei... read more

Now video game giant is buyout target: £2bn deal for London-listed firm

By Jessica Clark Updated: 22:01 BST, 20 May 2024 A video game firm has become the latest London-listed company to be targeted by foreign buyers. Keywords Studio... read more

Bank sets the scene for summer rate cuts as deputy governor defends its handling of the inflation crisis

By John-Paul Ford Rojas Updated: 22:00 BST, 20 May 2024 The Bank of England’s deputy governor Ben Broadbent yesterday said an interest rate cut is ‘possible... read more

Top investor throws weight behind Anglo American break-up plan

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 20 May 2024 Restructuring: Anglo American is fighting off a takeover by its Australian rival BHP A... read more

Legal firm Knights Group predicts double-digit profit growth

Knights Group said its underlying pre-tax profits are set to grow to at least £25m It also predicts net debt increasing by about £6m to £35.2m due to acquisi... read more

Keywords Studios eyes £2.2bn takeover by Swedish private equity giant EQT

Keywords has received a £35.50 per share offer from private equity firm EQT EQT now has until 5pm on 15 June to declare a concrete offer or walk away  By Harr... read more

Who would qualify for a £100 Nationwide loyalty bonus payment?

Nationwide could announce another loyalty bonus this week   Members had to have current account and at least £100 in savings or £100 left on a mortgage to ... read more

AstraZeneca to construct $1.5bn cancer drugs facility in Singapore

AstraZeneca said the intended site will begin design and construction this year It will be the FTSE 100 company’s first ever end-to-end ADC production fac... read more

BUSINESS LIVE: Ryanair profits soar; AstraZeneca builds Singapore facility; British Land sells Meadowhall stake

By Live Commentary Updated: 08:08 BST, 20 May 2024  The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Ryanair, Brit... read more

Top industrialist Sir Jim Ratcliffe blames high taxes for ‘killing’ business

Sir Jim takes swipe at Conservatives’ economic strategy  Country ‘does need to get a bit sharper’ on business Billionaire claims hefty taxes ... read more

Australian miner looking to buy Anglo American set to decide if it is willing to up its £34bn offer

By Emily Hawkins Updated: 21:50 BST, 19 May 2024 The Australian miner looking to buy Anglo American will this week decide if it is willing to up its £34billion... read more

Cadbury owner Mondelez to face scrutiny over selling chocolate in Russia at its AGM

By City & Finance Reporter Updated: 21:50 BST, 19 May 2024 Holding firm: Mondelez boss Dirk Van de Put Cadbury owner Mondelez will face scrutiny over selli... read more

RUTH SUNDERLAND: Stop cynical Royal Mail bid

By Ruth Sunderland for the Daily Mail Updated: 21:50 BST, 19 May 2024 Daniel Kretinsky, the Czech Sphinx who wants to take over Royal Mail, learned his trade in... read more