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All posts in: Business & Finance

PwC hit by £15m fine over London Capital & Finance fraud failings

By Mark Shapland Updated: 21:51 BST, 16 August 2024 PWC has been fined £15m for failing to warn of suspected fraud at London Capital & Finance (LCF). The a... read more

Are easyJet shares a buy at this depressed level?

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 The shares of this £3.3billion member of the FTSE 100 have fallen by 13 per cent to 436p sinc... read more

Gold hits all-time high: Precious metal tops $2,500 an ounce for first time

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 Gold prices have risen to an all-time high. The precious metal topped $2,500 an ounce for the ... read more

Economics professor set to join rate-setters at the Bank of England

By City & Finance Reporter Updated: 21:50 BST, 16 August 2024 New appointment: Rachel Reeves confirmed that economics professor Alan Taylor will join the ni... read more

What does the latest inflation data mean for our finances for the rest of 2024? This is Money podcast

By This Is Money Updated: 16:04 BST, 16 August 2024 This week, the consumer prices index measure of inflation nudged higher to 2.2 per cent. But what does this ... read more

UK retail sales boosted by Euro 2024 and summer discounting

Retail sales increased by 0.5% last month, according to the latest ONS figures Sales were spearheaded by department stores and sports equipment shops  By Harry... read more

Water firms slammed for poor customer service when supply cut off

Many customers in need were not given the right level of care by water firms By Sam Barker Updated: 09:14 BST, 16 August 2024 Water companies have been called o... read more

Offshore wind developer Orsted drops green ‘mega’ plant plans

By Emily Hawkins Updated: 22:06 BST, 15 August 2024 Blow: Orsted is the largest offshore wind developer The world’s largest offshore wind developer Orsted has... read more

New Starbucks boss lands bumper £88million pay package – and can work from the beach!

By Emily Hawkins Updated: 22:06 BST, 15 August 2024 Payday: Brian Niccol (pictured) is known as the ‘Messi of the restaurant industry The new Starbucks boss â... read more

Give schools a stake in NatWest and teach youngsters about investing, says UK’s first ISA millionaire

By Hugo Duncan Updated: 22:05 BST, 15 August 2024 Schools should be given a slice of the Government’s NatWest stake to teach youngsters about investing, a... read more

Bingo! Mecca to dish out a dividend for the first time since the pandemic

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 15 August 2024 Payouts: Mecca Bingo owner Rank Group will pay a dividend for the first time since... read more

Labour plan for workers’ rights could spook employers, recruiters warn

By Leah Montebello Updated: 22:05 BST, 15 August 2024 Recruiters have warned the Government to avoid ‘spooking employers’ on workers’ rights. The Recruitm... read more

AstraZeneca shares hit a record high as US fast-tracks its blockbuster cancer drug Imfinzi

By Leah Montebello Updated: 22:04 BST, 15 August 2024 Astrazeneca shares hit a new high yesterday after US regulators fast-tracked its blockbuster cancer drug ... read more

Three UK pushes for a merger with larger rival Vodafone as it suffers ongoing losses

By Daily Mail City & Finance Reporter Updated: 22:04 BST, 15 August 2024 Mobile phone network Three UK said its losses underlined its need to list with larg... read more

Admiral lifts interim dividend payout after insurer’s profits surpass £300m

Admiral Group said investors would receive a 71p per share interim dividend Its pre-tax profits soared by almost a third to £309.8m in the six months to June ... read more

Train prices set to rise 3.2% next year to heap more pressure onto long-suffering passengers

Train ticket costs are due to rise next year by July’s RPI figure plus 1% Exact level of any rise will be decided by the Government later this year  By S... read more

Evoke losses climb as UK betting shops suffer weak trade

Evoke’s losses more than quadrupled to £143.2m in the six months ending June  The group’s revenue was hurt by tougher conditions at its UK betting... read more

BUSINESS LIVE: GDP grows 0.6%; Evoke losses soar; AstraZeneca US drug boost

By Live Commentary Updated: 07:46 BST, 15 August 2024 The UK economy expanded by 0.6 per cent year-on-year in the second quarter, fresh data from the Office fo... read more

Should I pick local currency or pounds when paying by card abroad?

There is a simple rule when it comes to paying in local or home currency abroad By Helen Kirrane Updated: 06:00 BST, 15 August 2024 I recently landed in Spain f... read more

Chocolate giant Mars gobbles up Pringles-owner Kellanova in £28bn snack attack

By Leah Montebello Updated: 22:08 BST, 14 August 2024 Chocolate giant Mars is to buy the owner of Pringles in a £28billion mega-deal that brings two of the wor... read more

Interest rates to fall on both sides of the Atlantic amid growing hopes inflation is back under control

By Hugo Duncan Updated: 22:07 BST, 14 August 2024 Interest rates look set to fall on both sides on the Atlantic amid growing hopes inflation is back under contr... read more

Fears for Astra’s UK vaccine hub: Treasury cuts could derail £450m Liverpool project

By Jessica Clark Updated: 22:06 BST, 14 August 2024 AstraZeneca’s £450million investment in a vaccine manufacturing site is in doubt after the Treasury t... read more

Paddy Power owner Flutter in talks to buy software firm Playtech’s Italian arm

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 14 August 2024 Takeover talks: Playtech shares soared 13.8% as it emerged Paddy Power owner Flutte... read more

Activist investor Nelson Peltz trims stake in Marmite-owner Unilever

By Hugo Duncan Updated: 22:05 BST, 14 August 2024 Unilever sell-off: Train Fund Management is run by feared activist investor Nelson Peltz   A feared New York... read more