Business & Finance | Express Digest

Boost for BP as bosses get a vote of confidence after ditching green targets

By DAILY MAIL CITY & FINANCE REPORTER Updated: 07:42 GMT, 27 March 2025 BP bosses received a much-needed boost as an advisory firm backed the [...]

Babcock seals £1bn British Army Challenger 2 tanks deal as Reeves fires up defence spending

By JOHN-PAUL FORD ROJAS Updated: 22:05 GMT, 26 March 2025 Defence giant Babcock yesterday received a £1billion boost as ministers extended a contract to maintain [...]

Housing market set to slow after biggest price rise for two years

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:01 GMT, 26 March 2025 The housing market is set to slow after the biggest price rise [...]

MARKET WATCH: Investors move out of Vistry as troubled housebuilder axes dividend

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 26 March 2025 Shares in troubled builder Vistry tumbled as profits slumped and it axed [...]

Business is fed up with Labour’s higher taxes and new workers’ rights, says CBI chief

By EMILY HAWKINS Updated: 22:00 GMT, 26 March 2025 Higher taxes and new rights for workers have left bosses ‘pretty p****d off’, according to the [...]

Stamp duty on shares to rake in £24bn over next five years – despite criticism it stifles investing in UK-listed firms

By RICHARD MARSDEN Updated: 22:00 GMT, 26 March 2025 Stamp duty on shares is set to rake in nearly £24billion over the next five years [...]

NS&I boosts targets in Spring Statement but it’s still more likely to cut rates than boost them

By LEE BOYCE Updated: 16:03 GMT, 26 March 2025 National Savings and Investments has revealed a bumper net financing target of £12billion in the Spring [...]

Self-employed given harsher penalties for late tax payments in Spring Statement

VAT and Itsa taxpayers will see late payment fines given by HMRC increase By ANGHARAD CARRICK Updated: 14:23 GMT, 26 March 2025 More taxpayers will face [...]

Morrisons says it needs to save £1bn to deal with rising costs

By MIKE SHEEN Updated: 12:10 GMT, 26 March 2025 Morrisons has boosted its medium-term savings target to £1billion, as the supermarket faces growing costs and [...]

Spring Statement live updates: Rachel Reeves to unveil brutal welfare cuts as poll reveals damning verdict on Labour’s handling of economy

By JAMIE BULLEN and JAMES TAPSFIELD and DAVID WILCOCK and GREG HEFFER and SIMON LAMBERT FOR THIS IS MONEY Updated: 08:41 GMT, 26 March 2025 [...]

Boost for City as Smiths Group pledges to keep London listing – for now

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:01 GMT, 25 March 2025 Smiths Group offered the City some lukewarm support yesterday by saying it [...]

Woodford probe delay lands FCA in hot water as 500,000 investors remain the dark over fund scandal

By JOHN-PAUL FORD ROJAS Updated: 22:01 GMT, 25 March 2025 The City watchdog has come under fire over the Neil Woodford scandal as MPs and [...]

Shell halves green spending as boss Wael Sawan eyes ‘obscene’ £15m pay bonanza

By JESSICA CLARK Updated: 22:01 GMT, 25 March 2025 Shell’s chief executive was paid £8.6million in 2024 – and could scoop as much as £15m [...]

MARKET WATCH: Could GSK jab lower risk of Dementia? Drugs giant to trial its shingles jab as a cure for the disease

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 25 March 2025 GSK is studying a group of more than a million older adults [...]

AG Barr enjoys record year as English customers buy more Irn-Bru

Higher soft drink sales offset weaker on-trade revenue from its Funkin cocktailsBy HARRY WISE Updated: 12:37 GMT, 25 March 2025 Irn-Bru producer AG Barr enjoyed [...]

Factories suffer worst performance in 18 months as Labour’s tax hikes and Trump’s trade wars take their toll

By JOHN-PAUL FORD ROJAS Updated: 22:01 GMT, 24 March 2025 Britain’s manufacturing sector is shrinking at its fastest pace for 18 months as Labour’s tax [...]

Bank of England to test UK’s biggest lenders on trade meltdown scenarios amid concerns over Trump’s tariffs

By JOHN-PAUL FORD ROJAS Updated: 22:01 GMT, 24 March 2025 The Bank of England is preparing to test whether UK lenders are able to cope [...]

DNA testing firm users urged to delete data as it files for bankruptcy protection in the US

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 24 March 2025 Users of DNA testing firm 23andMe have been urged to delete their [...]

Hedge fund Elliott weighs fresh action in the London Metal Exchange nickel scandal

By JESSICA CLARK Updated: 22:00 GMT, 24 March 2025 A hedge fund is considering taking further action against the London Metal Exchange (LME) over a [...]

MARKET WATCH: Sir Martin Sorrell sounds alarm over tariffs as he scoops £500,000 dividend

By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00 GMT, 24 March 2025 Sir Martin Sorrell will scoop £540,000 after his advertising agency unveiled its [...]

BYD overtakes Tesla as sales top $100bn: Record revenue for Chinese car maker while Elon Musk’s firm is hit by slump in Europe

By JESSICA CLARK Updated: 22:00 GMT, 24 March 2025 Sales at Chinese electric car champion BYD have topped $100billion for the first time – overtaking [...]

Potential Dubai takeover of embattled North Sea engineer goes into extra time

By MIKE SHEEN Updated: 09:38 GMT, 24 March 2025 Dubai-based Sidara has been given extra time to negotiate a potential takeover of North Sea engineer [...]

AIM loses almost 30 firms as private equity predators circle

By CITY & FINANCE REPORTER Updated: 00:05 GMT, 24 March 2025 Nearly 30 companies listed on London's junior stock market have been taken over in [...]

Babcock surfaces in FTSE 100 as share price surges

By CITY & FINANCE REPORTER Updated: 21:54 GMT, 23 March 2025 Defence group Babcock International will join the FTSE 100 index today following a near-50 [...]

BT drops ‘vanity project’ rebrand and reverses EE flagship naming

By CALUM MUIRHEAD Updated: 21:53 GMT, 23 March 2025 BT is planning to revive its historic name in a reversal of previous plans to make [...]

Rachel Reeves is between a rock and a hard place – will it cost you more tax? This is Money Podcast

By THIS IS MONEY Updated: 11:34 GMT, 23 March 2025 Rachel Reeves is due to deliver her Spring Statement this week and it's probably safe [...]

Former trader launches final bid to clear his name over rate rigging

By CALUM MUIRHEAD Updated: 21:56 GMT, 22 March 2025 Ex-banker Tom Hayes will make a final bid to clear his name at the UK's highest [...]

Safestore chief’s wage cut by massive £12m

By PATRICK TOOHER Updated: 21:50 GMT, 22 March 2025 He was once one of Britain's highest-paid bosses.But Frederic Vecchioli has seen his pay slashed by [...]

We risk entrenching another generation of wasted potential, says CHRISTOPHER NIEPER

By CHRISTOPHER NIEPER OBE Updated: 08:23 GMT, 22 March 2025 In the ongoing debate about welfare reform, we are overlooking one of the greatest economic [...]

Is AI the key to stopping nuisance calls? O2’s ‘suspected scam’ alerts flag 50MILLION per month

It aims to warn customers of potentially fraudulent calls before they answerBy HARVEY DORSET Updated: 07:00 GMT, 22 March 2025 More than 150million scam and [...]

Asda boss Allan Leighton ramps up war on prices

By EMILY HAWKINS Updated: 21:59 GMT, 21 March 2025 The supermarket price wars escalated yesterday as Asda slashed the cost of 1,500 items by as [...]

MARKET WATCH: Carnival cruises to record revenue as profits double

By CITY & FINANCE REPORTER Updated: 21:50 GMT, 21 March 2025 Cunard and P&O Cruises owner Carnival raked in record revenues in the first quarter [...]

Pubs face hit of £1,500 a week in Budget tax raid

By HUGO DUNCAN Updated: 21:50 GMT, 21 March 2025 Labour's tax-raising Budget will cost pubs £1,500 a week, according to the boss of Wetherspoons.Tim Martin [...]

From a port in Brazil to parcels in Poland, how Utilico Emerging Markets invests in the backbone of growth: INVESTING SHOW

By THIS IS MONEY Updated: 17:55 GMT, 21 March 2025 Utilico Emerging Markets is a unique investment trust backing infrastructure and utilities in emerging markets, [...]

HMRC urges parents earning under £60,000 to claim child benefit – worth up to £2,212 for two children

By HELEN CRANE Updated: 12:50 GMT, 21 March 2025 HM Revenue and Customs is reminding parents earning under £60,000 to claim child benefit, after it [...]

Surge in savers moving money from easy-access to fixed-rate accounts

By HARVEY DORSET Updated: 12:39 GMT, 21 March 2025 There has been a surge in savers shifting money to fixed-rate accounts, as they look to [...]