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All posts in: Business & Finance

Coca-Cola HBC’s boss pocketed more than £320,000 in ‘cost of living’ benefits last year as part of his £4.4m package

By Francesca Washtell Updated: 21:52 BST, 18 May 2024 Coca-Cola HBC’s boss pocketed more than £320,000 in ‘cost of living’ benefits last year... read more

Sales at Bloomsbury soar thanks to the craze for ‘romantasy’ novels

By Leah Montebello Updated: 21:51 BST, 18 May 2024 Trend setter: Author Sarah J Maas Sales at Bloomsbury have soared thanks to the craze for ‘romantasy... read more

Nationwide members pocket £350m loyalty bonus

Building society last year gave some 3.3m customers £100 each Latest payout could be more because profits buoyed by higher interest rates Nationwide wants to c... read more

It makes a £2 billion profit selling garments from just £3.39! How does Shein do it?

By Anne Ashworth Updated: 21:50 BST, 18 May 2024 On a roll: Shein has disrupted fast fashion in Europe and the US – its largest market As fast fashion giant ... read more

CITY WHISPERS: Boss Cook-ing up a big sparkler to woo De Beers buyers

By Francesca Washtell Updated: 21:50 BST, 18 May 2024 De Beers boss Al Cook is in for one of the most high-pressure weeks of his working life. The diamond group... read more

St James’s Place facing humiliating exit from FTSE 100

By Patrick Tooher Updated: 21:50 BST, 18 May 2024 Britain’s biggest wealth manager faces a humiliating exit from the FTSE 100 index of top companies. Shar... read more

Pressure on IMF to change gloomy forecast as Britain bounces back

By John-Paul Ford Rojas Updated: 21:50 BST, 18 May 2024 Under pressure: IMF boss Kristalina Georgieva The International Monetary Fund (IMF) will this week come ... read more

RAY MASSEY: My four top tips when buying a second-hand car

By Ray Massey Updated: 07:18 BST, 18 May 2024 The second-hand car market is booming, with roaring sales and more choice than ever. Nearly two million pre-loved ... read more

Thames Water is worthless: That’s the verdict of its biggest investor

By Leah Montebello Updated: 21:58 BST, 17 May 2024 Thames Water’s biggest shareholder has slashed the value of its stake to zero as the crisis engulfing B... read more

Royal Mail expected to post losses of almost £1m a day as its takeover by Czech billionaire hangs in balance

By Leah Montebello Updated: 21:51 BST, 17 May 2024 Royal Mail is expected to post losses of almost £1m a day as its takeover by a Czech billionaire hangs in th... read more

Cartier owner Richemont is latest luxury goods group to be hit by slowdown in demand

By City & Finance Reporter Updated: 21:51 BST, 17 May 2024 Cartier owner Richemont is the latest luxury goods group to be hit by a slowdown in demand. The S... read more

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 a... read more

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 Mach... read more

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 i... read more

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 theme. Here it’s... read more

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 the two giants Tesco and Sa... read more

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 believe Typical home will still face high energy bills despite the welcome fall  By Sam Barker Up... read more

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

Land Securities owns the Piccadilly Lights and Bluewater shopping centre The FTSE 250 company’s net assets declined by £625m to around £6.4bn By Harry W... read more

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 the sale o... read more

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

Sainsbury’s intends to employ Microsoft’s AI and machine learning tools It said customers will gain a ‘more interactive online shopping experi... read more

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 will be ... read more

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 sale Chevron will sell ... read more

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 optimism’ in the ... read more

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 of VAT shopp... read more