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All posts in: Business & Finance

LCF director fined and banned in wake of mini-bond scandal

By Jessica Clark Updated: 22:48 GMT, 13 February 2024 Probe: Ex-LCF compliance executive Floris Jakobus Huisamen (pictured)  A former London Capital & Fina... read more

Retirees’ Guide: Making The Most of Your Retirement Income Options

April 2024 will see the UK’s State Pension increase by around 8%. That means retirees currently receiving the full ‘new’ State Pension will see an increas... read more

Nuclear uncertainty means UK will likely miss key eco target, warn MPs

SMRs are nuclear reactors capable of producing up to 300MW of electric power  The EAC said the UK’s first SMR is ‘unlikely’ to generate any c... read more

BUSINESS LIVE: Wage growth beats expectations; Tui swings to profit; MPs warn on nuclear plans

By Live Commentary Updated: 07:44 GMT, 13 February 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Tui. Read ... read more

Milan’s out of fashion with Tod: Luxury shoe and bag maker to quit the Italian stock exchange

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 12 February 2024 Fashion deal: Luxury shoe and bag maker Tod is to sell a 36% stake to the L Catte... read more

Glaxo boosted after US regulators fast-track hepatitis B drug Bepirovirsen

By Calum Muirhead Updated: 22:01 GMT, 12 February 2024 GSK’s treatment for hepatitis B has been placed on a fast-track schedule by regulators in the US. In a ... read more

I’d have cut rates at Christmas, says Bank of England’s former chief economist Andy Haldane

By Leah Montebello Updated: 22:01 GMT, 12 February 2024 The Bank of England’s former chief economist has taken a swipe at the Old Lady for being too slow to b... read more

Vultures circle fashion and lifestyle website Very but owners refuse to budge on £4bn valuation

By Emily Hawkins Updated: 22:01 GMT, 12 February 2024 Private equity sharks have been circling Very, but the owners’ £4billion valuation has made it difficul... read more

Aldi to open 500 new stores in £550m expansion drive as the supermarket wars hot up

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 12 February 2024 Expansion plans: Aldi is investing £550m this year as it hopes to open 500 more ... read more

US oil firms seal £20bn deal to become country’s third largest producer

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 12 February 2024 Oil deal: Endeavor Energy is the largest privately held oil and gas producer in t... read more

Aldi launches £550million expansion with 1,500 new jobs and plans for 500 stores in bid to lure back shoppers as discount retailer loses out to rivals

Aldi suffered a drop in UK grocery sales from 10.2% in September 2023 to 9.3% in January  Updated: 19:32 GMT, 12 February 2024 Aldi has embarked on a £550 mil... read more

Chip designer Arm overtakes HSBC to become 4th most valuable UK company

By Angharad Carrick Updated: 17:03 GMT, 12 February 2024 Cambridge-based chip designer Arm has overtaken HSBC and Unilever to become the fourth most valuable UK... read more

Fixed mortgage rates fall for sixth month in a row: Will it continue?

Average two-year fixed rate fell by 0.37 percentage points in January to 5.56% This was the biggest monthly fall since December 2022, says Moneyfacts  But some... read more

Frasers Group reveals £80m share repurchase programme

Frasers Group also conducted three £80m share buyback schemes last year The Derbyshire-based company is Britain’s largest sporting goods retailer By Harr... read more

Tritax Big Box to buy REIT rival UKCM for £924m

The combination of the two firms would make a real estate giant worth £3.9bn By Daniel Fessahaye Updated: 12:18 GMT, 12 February 2024 Tritax Big Box has reache... read more

Britain’s pay rises forecast to slow for the first time since the pandemic

Basic pay is expected to rise by 4% in 2024, down from 5% last year  By Daniel Fessahaye Updated: 10:25 GMT, 12 February 2024 UK wage growth in 2023 is expecte... read more

Heathrow Airport: Tourist tax has ‘shut the door’ on UK economic growth

Before 2021, foreign tourists could claim a VAT refund on items bought in the UK Hundreds of Britain’s most prominent retailers want the ‘tourist ta... read more

BUSINESS LIVE: Pay rises set to slow; Heathrow slams ‘tourist tax’; Frasers lines-up fresh buyback

By Live Commentary Updated: 07:57 GMT, 12 February 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Heathrow A... read more

£74bn savings gap threatens family finances

By City & Finance Reporter Updated: 21:51 GMT, 11 February 2024 Britain has a £74billion savings shortfall with more than half of working age families not ... read more

Evri private equity owner Advent preparing £2bn sale of delivery firm

By City & Finance Reporter Updated: 21:51 GMT, 11 February 2024 Parcel delivery firm Evri is reportedly being prepared for a sale valuing it at £2billion b... read more

Recession set to be confirmed and inflation up too in double blow to economy

Figures set to show inflation rose to 4.2% in January, up from 4% in December  GDP looks to have shrunk by 0.1% in fourth quarter after 0.1% contraction in thi... read more

Tui’s plan to quit London stock market finds new backers

By City & Finance Reporter Updated: 22:11 GMT, 10 February 2024 Efforts to stop Tui defecting from the London stock market next week have been dealt a blow ... read more

MIDAS SHARE TIPS: RentGuarantor, a pioneer in rental market, is on the rise

By Joanne Hart Updated: 21:55 GMT, 10 February 2024 An Englishman’s home is his castle. But for more than four million households, that castle is privatel... read more

Government may row back on changes to start-ups after critics warn they could lock out female ‘angel’ investors

By Leah Montebello Updated: 21:51 GMT, 10 February 2024 Block: Sam Smith fears women will be excluded The Government may row back on changes to rules promoting ... read more