Business & Finance | Express Digest

Retail sales ground to a halt last month as shoppers turned their backs on department stores due to rising prices

By Leah Montebello Updated: 21:54 BST, 19 April 2024 Retail sales ground to a halt last month as shoppers turned their backs on department stores [...]

Creators of key interest rate benchmark criticise courts after failed appeal by convicted rate-rigger Tom Hayes

By City & Finance Reporter Updated: 21:51 BST, 19 April 2024 Fighting for justice: Tom HayesThe creators of a key interest rate benchmark have criticised [...]

L’Oreal posts better than expected sales as demand for make-up in West offsets weaker performance in Asia

By City & Finance Reporter Updated: 21:50 BST, 19 April 2024 Star status: L'Oreal is promoted by model Kendall JennerL'Oreal has posted better than expected sales [...]

Unilever waters down targets on plastic packaging, workers’ pay and diversity amid investor backlash against ‘woke’ policies

By Jessica Clark Updated: 21:50 BST, 19 April 2024 Strategy shift: Hein SchumacherUnilever has watered down its targets on plastic packaging, workers' pay and diversity amid [...]

MARKET REPORT: Bruising week for FTSE amid Middle East fears

By John Abiona Updated: 21:50 BST, 19 April 2024 The FTSE 100 has clocked up its worst week since January amid renewed market jitters over [...]

Mondi pulls out of potential bidding war to buy rival packaging giant DS Smith, opening door for American firm

By Jessica Clark Updated: 21:50 BST, 19 April 2024 Mondi has pulled out of a potential bidding war to buy a rival packaging giant, opening [...]

As record 2.8m sign off as long-term sick, work-shy UK now faces an IMF grilling

Britain faces harsh questions on rising levels of labour inactivity and cuts in NIPM Rishi Sunak has pledged to crack down on surging health benefit [...]

888 shares rise as William Hill owner posts forecast-beating revenues

The bookmaker says it will return to year-on-year growth in second quarterInvestors are concerned about regulatory issues and the firm's debt pile By Mike Sheen Updated: [...]

Wall Street pins hopes on a set of upbeat results from Netflix

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 18 April 2024 Netflix has added more than 9m subscribers in the first three months [...]

Two female BP execs to leave in first reshuffle since Looney stepped down

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 April 2024 Shake-up: BP's Chief technology officer Leigh-Ann Russell is departing after 18 yearsTwo [...]

‘I’m neither hero nor villain’, insists disgraced fund star Neil Woodford

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 18 April 2024 On the defence: Disgraced fund manager Neil Woodford has launched a blogNeil [...]

Hunt raises alarm over bid for Royal Mail as ‘Czech Sphinx’ plots fresh swoop

By Alex Brummer In Washington and Jessica Clark Updated: 22:00 BST, 18 April 2024 The Chancellor has voiced concerns over the proposed takeover of Royal [...]

Co-op Bank agrees possible £780m takeover by Coventry Building Society

Group revealed 'exclusive' takeover talks in March amid Co-op's strategic reviewCombined group would boast £89bn balance sheet and expand CBS offeringBy Mike Sheen Updated: 16:11 [...]

Foxtons hails best under-offer homes pipeline since Brexit referendum

Foxtons revealed its under-offer pipeline was about a third up on 2023 levelsIt expects the pipeline to support revenue growth during the second quarterBy Harry [...]

Neil Woodford reemerges online in ‘finfluencer’ role after FCA criticism

'Woodford Views' claims to offer readers an alternative to 'consensus thinking'By Mike Sheen Updated: 12:46 BST, 18 April 2024 Neil Woodford returns Neil Woodford has reemerged [...]

Bank of England boss Andrew Bailey forecasts big inflation drop – boosting rate cut hopes

By John-Paul Ford Rojas and Alex Brummer Updated: 10:38 BST, 18 April 2024 The Bank of England's governor last night forecast another big drop in [...]

Deliveroo returns to order growth as international trade booms

Deliveroo revealed its online purchases increased by 2% in the first quarterMeanwhile, the firm's gross transaction value expanded by 6% to £1.83bnBy Harry Wise Updated: [...]

BUSINESS LIVE: EasyJet winter losses narrow; Hipgnosis faces takeover; Deliveroo returns to order growth

By Live Commentary Updated: 07:37 BST, 18 April 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Exploring the Latest Trends in Crypto Wallet Apps

You're witnessing a dynamic evolution in crypto wallet apps, focusing heavily on strengthening security with biometric features like fingerprint scanning and advanced encryption. They now [...]

Saga cruises sails back into the black as passenger numbers soar

By Leah Montebello Updated: 22:01 BST, 17 April 2024 Saga cheered an ‘outstanding’ year for its cruise business – but still racked up a £129million [...]

French owner of Gatwick to buy majority stake in Edinburgh Airport

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 17 April 2024 Take-off: Vinci has agreed to buy a 50.01% stake in Edinburgh Airport [...]

Hedge funds betting against UK water firms as debt levels soar

By Jessica Clark Updated: 22:00 BST, 17 April 2024 Hedge funds are betting against Britain’s listed utilities after a cash crisis at Thames Water highlighted [...]

Musk’s £45bn payday goes to a vote just months after the deal was struck down in court

By Leah Montebello Updated: 22:00 BST, 17 April 2024 Pay row: Billionaire Tesla boss Elon MuskTesla has asked shareholders to approve a £45billion pay deal [...]

Liontrust boss blames unloved UK stocks for £6bn fund exodus

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 17 April 2024 Positive outlook: Liontrust boss John Ions The boss of one of Britain’s leading asset [...]

Takeaway orders at Just Eat fell 5% in the first quarter – but Britain bucks the trend

The Amsterdam-based business received 214.2m orders in the opening quarter Just Eat's total GTV fell by 2 per cent, or €118m, to €6.55bn during the period By [...]

Not a student? You can still bag a FREE railcard by signing up for one of these current accounts…

20-25s can get a railcard if they open a Santander account and deposit £500Santander says railcard users will save an average of £182 over a yearBy [...]

Royal Mail owner IDS rejects proposed bid from group led by Czech billionaire

West Ham part-owner Daniel Křetínský in takeover bid for Royal Mail ownerBy Jane Denton Updated: 12:21 BST, 17 April 2024 A group led by West Ham [...]

ASOS losses jump amid inflationary pressures and inventory clearance

ASOS revealed its half-year adjusted pre-tax losses climbed to £120mThe London-based company did reduce its inventory levels to £593mBy Harry Wise Updated: 11:47 BST, 17 [...]

BUSINESS LIVE: UK inflation rate falls to 3.2%; Entain hit by new gambling rules; ASOS posts another big loss

By This Is Money Updated: 08:07 BST, 17 April 2024 Among the companies with reports and trading updates today are Entain, ASOS, Just Eat Takeaway, [...]

Dr Martens crashes to record low after issuing fifth profit warning in three years

By Leah Montebello Updated: 22:08 BST, 16 April 2024 Boot maker Dr Martens fell 29.4% as the group said it faced another tough yearDr Martens shares [...]

Americans win battle for DS Smith: Footsie packaging giant sold for £5.8bn

By Jessica Clark Updated: 22:01 BST, 16 April 2024 Wrapped up: British packaging giant DS Smith is set to leave the FTSE100 after agreeing a [...]

Savers can track down lost pension pots using Aviva’s new free tracing service

By Lucy Evans Updated: 22:01 BST, 16 April 2024 Missing pots: There are around 2.8m lost pensions in the UK worth around £26.6bnSavers who think [...]

Engineer TClarke set to join London stock market exodus after backing £90m takeover deal

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 16 April 2024 Deal: TClarke has received a 160p-per-share offer from Regent AcquisitionsA 135-YEAR-OLD building [...]

John Wood Group faces calls to ditch London as shares continue to slide

By Daily Mail City & Finance Reporter Updated: 22:00 BST, 16 April 2024 Threat: John Wood Group’s shares have slumped nearly 40% in the past [...]

DS Smith agrees £5.8bn takeover deal with International Paper

International Paper is one of the world's biggest paper and pulp providers DS Smith first received a bid from the Tennessee-based group last monthBy Harry Wise [...]

Stock trading platform Plus500 set to outperform market estimates

Firm saw revenues rise 4% to $215.6m compared to the same quarter last yearBy Daniel Fessahaye Updated: 16:21 BST, 16 April 2024 Plus500 expects to [...]