Business & Finance | Express Digest

H&M profits spring back to life as it seeks to fight off Chinese fast fashion rival Shein

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 27 March 2024 Fashion stakes: H&M sales are up 2% so far in MarchFashion giant [...]

Commodities broker Marex Group snubs City as it files papers to list in New York

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 27 March 2024 IPO: London commodities broker Marex Group is planning to list in New [...]

Morrisons boss says turnaround is in ‘full swing’ as sales grew at fastest rate for three years

By Emily Hawkins Updated: 22:01 GMT, 27 March 2024 Upbeat: Morrisons chief exec Rami Baitiéh The new boss of Morrisons says his turnaround is ‘in full [...]

So what age will YOU get a pension? After Waspi debacle, here’s what you need to know to avoid being left with a gaping hole on your finances

By Jessica Beard Updated: 12:10 GMT, 27 March 2024 If there's one lesson to draw from the Waspi debacle, it’s that you can’t trust you [...]

Nanoco Group turns a profit as it gains first commercial orders

Nanoco swung to a £2.4m operating profit in the six months ending JanuaryThe firm signed deals with STMicroelectronics and an Asian chemicals groupBy Harry Wise [...]

S4 Capital revenues sink as corporates slash ad spending

S4 Capital said its like-for-like net revenues declined by 4.5% to £873.2mThe company anticipates its total like-for-like net revenue falling in 2024By Harry Wise Updated: [...]

Co-op Bank to slash 400 jobs as its seeks to ‘simplify and transform the business’

By Daily Mail City & Finance Reporter Updated: 22:15 GMT, 26 March 2024 Job cuts: The Co-operative Bank says it wants to 'simplify and transform the [...]

Ocado lures back middle class shoppers as it’s named UK’s fastest growing supermarket

By Emily Hawkins Updated: 22:12 GMT, 26 March 2024 The boss of Ocado said it has ‘hit the ground running’ this year as it was [...]

Transatlantic bidding war breaks out for London-listed packaging giant DS Smith

By John Abiona Updated: 22:12 GMT, 26 March 2024 A transatlantic bidding war has broken out for London-listed packaging group DS Smith.The FTSE 100 firm [...]

Blackrock boss warns of a global retirement crisis as people live longer but cannot afford to pay for it

By John-Paul Ford Rojas Updated: 22:01 GMT, 26 March 2024 The boss of Blackrock has warned of a global retirement crunch as people live longer [...]

This isn’t another Alliance Trust, insist Scottish Mortgage chiefs after US activist becomes top shareholder

By Mark Shapland Updated: 22:01 GMT, 26 March 2024 Scottish Mortgage Investment Trust bosses have moved to quell fears it is on a collision course [...]

British Gas boss Chris O’Shea has his pay hiked to £8.2m as household energy bills soar

By Jessica Clark Updated: 22:00 GMT, 26 March 2024 Centrica chief exec Chris O’Shea took home £8.2m in 2023The boss of British Gas owner Centrica [...]

Boost for borrowers as Santander, HSBC and Barclays slash mortgage rates

By Adele Cooke Updated: 22:00 GMT, 26 March 2024 Mortgage relief: Santander, HSBC and Barclays announced rate cuts yesterdayThree of Britain’s biggest mortgage lenders are [...]

Celebrities and online influencers face clampdown on illegal social media financial ads

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 26 March 2024 Influencers have been warned about promoting financial products on social media as [...]

I ordered ground spices online and I’m convinced they’ve been bulked out with other ingredients. Who do I complain to? DEAN DUNHAM replies

By Dean Dunham Updated: 16:10 GMT, 26 March 2024 I ordered ground turmeric and ginger in bulk online to save money on my food bills. [...]

How to sort your pension and Isa before the tax year ends: This is Money podcast

By This Is Money Updated: 14:56 GMT, 26 March 2024 There is less than a fortnight to go before the end of the tax year [...]

First Direct relaunches £175 cash carrot for switching current account

First Direct has relaunched its popular switching bonusNew customer can get £175 for switching current account Cash will arrive within a month once all requirements have [...]

Revolution Bars could go cap in hand to shareholders or even put itself up for sale with shares now down 99% since IPO

Group has struggled, with bosses blaming consumer pressure and costsIt is now weighing strategic options, which could lead to its sale By Mike Sheen Updated: 09:57 [...]

Bellway profits nosedive 62% after large drop in new home-builds

The Newcastle-based company reported pre-tax profits plummeted by 61.6%Homebuilders have been affected by elevated mortgage costs since mid-2022By Harry Wise Updated: 09:20 GMT, 26 March [...]

Three in five people in Britain don’t have investments, says HSBC

HSBC survey finds that 38% of UK population invest some of their moneyStocks and shares is most popular route, followed by property, funds and bonds Around [...]

Tech giants come under pressure to block bank copycat websites amid surge in fraud

More than 2,000 websites were reported to be conning victims in 2023 By Sean Poulter Updated: 02:20 GMT, 26 March 2024 Tech giants are under pressure [...]

Taxpayer stake in NatWest drops below 30%: Government no longer bank’s ‘controlling shareholder’

By John-Paul Ford Rojas Updated: 22:05 GMT, 25 March 2024 The Government is no longer a ‘controlling shareholder’ in NatWest after its stake fell below [...]

ITV brushes off pay concerns as boss Carolyn McCall’s earnings fall to £2.9m

By John-Paul Ford Rojas Updated: 22:04 GMT, 25 March 2024 Pay cut: ITV chief exec Carolyn McCall was handed £2.9 m last yearITV yesterday said [...]

Sex in the City shoe brand Manolo Blahnik to expand in Hong Kong

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 25 March 2024 Carrie Bradshaw’s favourite high heel designer is expanding in Hong Kong. Manolo Blahnik [...]

Medical supplies firm Smith & Nephew teams up with mixed martial arts promoter the UFC

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 25 March 2024 Fight night: Thiago Moises of Brazil punches Mitch Ramirez in their lightweight [...]

Boardroom clearout in shake-up at Boeing as safety crisis sends share price plummeting

By John-Paul Ford Rojas Updated: 22:00 GMT, 25 March 2024 Departures: Boeing chief exec Dave Calhoun will step down by the end of the yearBoeing [...]

London behind in battle for Unilever ice cream float: Boss says Amsterdam has ‘good chance’ of winning race

By Leah Montebello Updated: 22:00 GMT, 25 March 2024 Unilever's boss has signalled that Amsterdam is ahead of London in the race to win the [...]

Henry Boot increases dividend amid optimism over UK housing market

The Sheffield-based firm declared a 4.4 pence per share final dividend Henry Boot's overall pre-tax profits declined by 18% to £37.3m last year By Harry Wise Updated: [...]

Direct Line shares slump after Ageas walks away from takeover bid

Direct Line on Friday confirmed Ageas did not intend to make another bid Takeover interest had propelled the group's share price over the last year By This [...]

Mobico flags £15m hit from German rail business amid results delay

It expects adjusted operating profit for the year to be between £160m-£175mBy Daniel Fessahaye and Reuters Updated: 09:52 GMT, 25 March 2024 Mobico once again [...]

Equity release lenders target Gen X with new interest repayment deals

Lenders launch new lifetime mortgages for borrowers in their 50s and 60sThey must make interest payments for a certain number of years Request a copy of [...]

BUSINESS LIVE: Kingfisher outlook warning; Henry Boot eyes market improvement; Mobico German rail hit

By Live Commentary Updated: 07:55 GMT, 25 March 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today [...]

Scrap stamp duty on shares, says investing giant Interactive Investor

Richard Wilson wants parties to pledge to ditch 'absurd' levy in their manifestosInvestors pay 0.5% in stamp duty on price of UK-listed shares they buyBut [...]

JD Sports will reveal how consumer confidence is faring after rival Nike sounded alarm bells

By City & Finance Reporter Updated: 22:09 GMT, 24 March 2024 Star quality: JD Sports has celebrity endorsements including Rita Ora (pictured)JD Sports will reveal how [...]

Chinese battery giant could pump billions into building Britain’s biggest gigafactory

By Emily Hawkins Updated: 21:50 GMT, 24 March 2024 A Chinese battery giant could pump billions into building Britain's biggest gigafactory.EVE Energy is in advanced [...]

CITY WHISPERS: Tactless Drax burned by its ill-timed report on the International Day of Forests

By Calum Muirhead Updated: 21:59 GMT, 23 March 2024 Timing is, as they say, everything. So one has to wonder if Drax made the right [...]