Business & Finance

The good, the bad and the ugly of the Magnificent Seven: Blue Whale manager on the INVESTING SHOW

By This Is Money Updated: 17:23 BST, 30 April 2024 The Magnificent Seven have dominated stock market returns and the investment headlines for the past [...]

Elementis confident of hitting full-year targets after strong first quarter

The chemicals business makes ingredients for deodorants and skin creams Turnover was boosted by rising demand for cosmetics and coatings productsBy Harry Wise Updated: 17:03 BST, [...]

Haleon to close UK production site with more than 400 job losses

Maidenhead site currently produces both Sensodyne and Parodontax products Oral health accounts for about a third of Haleon's total salesBy Daniel Fessahaye Updated: 16:37 BST, 30 [...]

Metro Bank deposits lifted by high-interest savings accounts

Metro revealed deposit levels increased by 4% to £16.2bn in the first quarterHowever, the high street lender saw total lending decline by 9% to £11.8bnBy [...]

First class decision! Royal Mail ditches £5 fines ‘fake’ stamp letters

Charge dropped until at least July while app to highlight fakes is developedCustomers will be able to scan stamp barcodes to check if they are [...]

Hargreaves Lansdown and St James’s Place cash-in on ISA season as assets grow

Hargreaves revealed its AuM levels rose by £7.5bn to a record £149.7bn SJP's fund volumes grew by c.£10.8bn to £179bn over the same period By Harry Wise [...]

Last chance to bag a FREE railcard by signing up to these Santander bank accounts

20-25s can get a railcard if they open a Santander account before 30 AprilSantander says railcard users will save an average of £182 over a yearBy [...]

BUSINESS LIVE: HSBC boss Quin to retire; Whitbread hikes divi; Metro Bank deposits grow

By Live Commentary Updated: 07:52 BST, 30 April 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

I paid my Thames Water bill when I moved – now it says I owe more and marked my credit file

Customer paid a £5.24 bill and closed the account when he moved home But he continued to receive demands for payment He then discovered that Thames Water [...]

BHP urged to improve its offer for rival Anglo American

By Jessica Clark Updated: 22:09 BST, 29 April 2024 BHP shareholders yesterday urged the mining giant to raise its bid for Anglo American in yet [...]

Inflation ‘brought to heel’ as shop prices rise by just 0.8% this month

By John-Paul Ford Rojas Updated: 22:08 BST, 29 April 2024 Shop prices rose by just 0.8 per cent this month in a sign that inflation [...]

First profit for Vinted as young shoppers turn their backs on fast fashion

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 29 April 2024 Rags to riches: Second-hand clothes website Vinted made £15.4m last year after [...]

US private equity giant in £1.3bn swoop for troubled music fund Hipgnosis

By Leah Montebello Updated: 22:03 BST, 29 April 2024 Hipgnosis has backed a £1.3billion offer from US private equity in the latest leg of a [...]

Delivery app Getir pulls out of UK in major setback for the online grocery industry

By Daily Mail City & Finance Reporter Updated: 22:03 BST, 29 April 2024 Setback: Delivery app Getir said it would be calling it quits in [...]

Tesla surges on hopes of Chinese self-driving deal

By Leah Montebello Updated: 22:03 BST, 29 April 2024 Tesla shares surged yesterday as Elon Musk moved a step closer to launching self-driving cars in [...]

FCA at war with City over plan to ‘name and shame’ firms it is investigating

By John-Paul Ford Rojas Updated: 22:03 BST, 29 April 2024 The financial watchdog has launched a fightback amid growing pressure from the City and ministers [...]

Charlotte Tilbury owner Puig set for £12bn Spanish float

By Daily Mail City & Finance Reporter Updated: 22:02 BST, 29 April 2024 IPO: Make-up company Charlotte Tilbury recently launched a campaign fronted by supermodel [...]

S4 Capital board shake-up as founding member retires after six years

Roy will be replaced by Sue Prevezer The change will take place at the company's next AGM on 6 June 2024Prevezer will be the new chair [...]

Online state pension top-ups FINALLY launch after This is Money campaign to end delays and missing payments

State pension top-ups have been plagued by huge delays and missing paymentsNow Government is letting pension savers top up online and through an appBut pensions [...]

Hipgnosis Songs Fund agrees £1.3bn takeover by Blackstone

Hipgnosis owns the back catalogues of Blondie and the Red Hot Chili PeppersThe music rights investor previously received a £1.1bn bid from Concord Music By Harry [...]

Two out of five people struggle to pay their mortgage or rent, official data reveals

A total of 40 per cent struggle with their rent or mortgages paymentsExpectations for an interest rate cut have been pushed back to later this [...]

BUSINESS LIVE: Ocado boss faces revolt; Hipgnosis agrees Blackstone takeover; Entain reprices debts

By Live Commentary Updated: 07:45 BST, 29 April 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Ocado boss Tim Steiner faces a shareholder revolt over his pay

By City & Finance Reporter Updated: 00:05 BST, 29 April 2024 Ocado boss Tim Steiner faces a shareholder revolt over his pay today. Investors have been [...]

Car insurance costs hit new average record high of £635 – but hikes may be starting to slow

It's yet more bad news for drivers, as premiums rise to yet another all-time highBut there maybe light on the horizon, as motorists paid just [...]

Britain must scrap ‘double taxation’ blighting popular stock market investments to help revive City

Investment trusts are subject to the UK's 'pernicious' stamp duty regimeThis means savers pay a 0.5% levy when they buy shares in these trusts Trusts also [...]

Tesla boss Elon Musk makes surprise visit to Beijing as he looks to woo officials over self-driving cars

By Leah Montebello Updated: 21:50 BST, 28 April 2024 Tesla boss Elon Musk has made a surprise visit to Beijing as he looks to woo [...]

When will Gucci get its house in order? Fashion giant needs new saviour to arrest a slump in profits and sales

By Anne Ashworth Updated: 21:52 BST, 27 April 2024 In the autumn of 1994, the US designer Tom Ford arrived at the embattled Italian fashion [...]

FIDELITY SPECIAL VALUES: Best of British… fund that seeks to steal America’s Big Tech glory

By Jeff Prestridge Updated: 21:52 BST, 27 April 2024 The UK stock market may be overshadowed by its Big Tech-dominated counterpart across the Atlantic, but [...]

MIDAS SHARE TIPS UPDATE: GlobalData proves worldwide knowledge

By Joanne Hart Updated: 21:52 BST, 27 April 2024 Companies thrive on knowledge. The more they understand economic, political and social trends, the better they [...]

Coventry Building Society swimming with ‘sharks’ as it refuses to reveal why £780m bid for Co-op Bank won’t go to member vote

By Patrick Tooher Updated: 21:51 BST, 27 April 2024 Coventry Building Society has said it is swimming with 'sharks' as it refuses to reveal why [...]

Intermediate Capital Group snaps up leading legal business information provider for £650m

By City & Finance Reporter Updated: 21:51 BST, 27 April 2024 Intermediate Capital Group (ICG) has snapped up a leading legal business information provider for [...]

CITY WHISPERS: City PR man Neil Bennett cries fowl after being left with egg on his face over chicken red-tape

By Mark Shapland Updated: 21:51 BST, 27 April 2024 What put the fox in the henhouse for City PR man Neil Bennett last week?Was one [...]

FTSE 100 expected to be boosted as soon as next month when Chinese online giant Shein announces that it has decided to float its shares in London

By Alex Brummer Updated: 21:51 BST, 27 April 2024 The FTSE 100 is expected to be boosted as soon as next month when the Chinese [...]