Business & Finance | Express Digest

New boss Adam Winslow must dial up a bid defence at insurer Direct Line

By Francesca Washtell Updated: 21:52 GMT, 16 March 2024 Direct Line's chief executive Adam Winslow faces a tough balancing act on Thursday.As well as presenting [...]

Refund chaos at St James’s Place: Footsie firm faces £426m payout

By Patrick Tooher Updated: 21:51 GMT, 16 March 2024 Up to 100,000 customers of St James's Place could be in line for a refund after [...]

De Beers plots shake-up after warning it has been hammered by slump in diamond price

By Francesca Washtell Updated: 21:51 GMT, 16 March 2024 Dazzling: Taylor Swift was draped in De Beers jewels at the Golden GlobesDe Beers is set [...]

Mon Dieu! All is not sweet at French macaron maker Laduree

By John Abiona Updated: 21:51 GMT, 16 March 2024 French sweet treat maker Laduree bakes more than 15,000 macarons every day – filling them with [...]

CITY WHISPERS: Green energy tiddler eyes up float in the Square Mile

By Calum Muirhead Updated: 21:50 GMT, 16 March 2024 Unless you've been living under a rock lately, you'll know that mergers and takeovers are making [...]

MARKET REPORT: Bitcoin falls from record highs after frenzy cools

By John Abiona Updated: 21:53 GMT, 15 March 2024 Bitcoin retreated sharply from record levels yesterday, fuelling fears cryptocurrencies are in a bubble that may [...]

Rolls-Royce to create 300 jobs in £55m investment

By City & Finance Reporter Updated: 21:50 GMT, 15 March 2024 Rolls-Royce has announced a £55m investment and 300 jobs to meet growing demand for [...]

Chinese retailer becomes second foreign predator in a week to abandon plans to buy Currys

By City & Finance Reporter Updated: 21:50 GMT, 15 March 2024 A Chinese retailer has become the second foreign predator in a week to abandon [...]

What do women want in a car? Kia’s seven-seater EV9 electric SUV top choice for female motorists

By Ray Massey Updated: 21:50 GMT, 15 March 2024 The Women's Worldwide Car of the Year awards has named Kia's seven-seater EV9 electric SUV its [...]

Reckitt Benckiser plunges 15pc after baby formula payout

By Leah Montebello Updated: 21:50 GMT, 15 March 2024 Billions of pounds were wiped off the value of Reckitt Benckiser after it was ordered to [...]

Pound clocks up worst week this year on rates forecast

By City & Finance Reporter Updated: 21:50 GMT, 15 March 2024 The pound clocked up its worst week this year as investors grappled with interest [...]

Vodafone confirms sale of Italian unit with £3.4bn set to be returned to investors

Vodafone will net €12bn from the sale of Italian and Spanish businesses The telecoms firm expects to return €4bn to shareholders via buybacks By Mike Sheen Updated: [...]

Scottish Mortgage launches £1bn buyback programme in bid to cut discount

SMT has been languishing at a discount to NAV of more than 15% By Angharad Carrick Updated: 09:05 GMT, 15 March 2024 Scottish Mortgage lined-up a [...]

Watchdog probes Barratt’s £2.5bn Redrow housebuilding takeover

Britain's biggest housebuilder agreed to buy Redrow in February The CMA is concerned the deal could lead to higher home prices By Mike Sheen Updated: 08:51 GMT, [...]

Watchdog green lights end of free banking – but banks risk a customer revolt: JEFF PRESTRIDGE

By Jeff Prestridge Updated: 08:23 GMT, 15 March 2024 Sometimes, it is difficult to work out what consumer purpose the Financial Conduct Authority – the [...]

BP in £4bn drive to turn Teesside into a green energy powerhouse

By Ruth Sunderland Updated: 07:01 GMT, 15 March 2024 BP and two other oil giants will today sign £4billion of deals – a major step [...]

Conviction of Libor rate scandal trader Tom Hayes was ‘extraordinarily unfair’, Court of Appeal told

By Daily Mail City & Finance Reporter Updated: 22:05 GMT, 14 March 2024 Review: Tom Hayes was convicted in 2015 for rigging the London Interbank Offered [...]

Challenger bank woes spread as OneSavings Bank shares tank amid tough market conditions

By John-Paul Ford Rojas Updated: 22:05 GMT, 14 March 2024 Squeezed: Profits at OneSavings Bank fell 30% to £374mShares in OneSavings Bank slumped sharply yesterday [...]

Belgian insurance giant told to abandon ‘aggressive’ takeover bid for Direct Line

By Mark Shapland Updated: 22:05 GMT, 14 March 2024 Snubbed: Belgian insurance giant circling Direct Line has had a second offer snubbed by the Direct [...]

My son wants me to invest my pension in his business idea, but I’m worried I’ll lose my money. What can I do? Money psychotherapist VICKY REYNAL replies

By Vicky Reynal Updated: 12:09 GMT, 14 March 2024 My son wants me to invest my pension in his new business idea. Now you can [...]

Getting Started with Bitcoin: A Primer for Beginners

In a world where traditional financial systems are transforming, Bitcoin has emerged as a revolutionary digital currency that has captured the imagination of investors, technologists, [...]

A Dynamic Duo: Bitcoin’s Impact on Bytecoin’s Functionality

Cryptocurrency enthusiasts are familiar with the prominent figures in the digital currency landscape, namely Bitcoin and Bytecoin. This analysis aims to uncover the intricate relationship [...]

TBCI and Deed: Innovating Bitcoin’s Ordinals Space

Bitcoin, the pioneer of cryptocurrencies, has played a pivotal role in reshaping the financial landscape. However, as the cryptocurrency ecosystem evolves, so do the challenges [...]

Introducing Decentralization to Messaging: The Intersection of Bitcoin and Status

In our rapidly evolving digital age, communication is at the heart of our daily lives. The way we connect, share information, and interact with others [...]

Vanquis shares slump after jump in costs

By Harry Wise Updated: 09:42 GMT, 14 March 2024 Vanquis Banking Group shares dived on Monday after the business warned profits would be 'substantially lower' [...]

Vistry defies housebuilding gloom with plans to build 17,500 more homes in 2024

By Angharad Carrick Updated: 09:08 GMT, 14 March 2024 Vistry plans to increase the number of properties it builds this year, thanks to booming demand [...]

John Lewis returns to profit but staff miss out on bonus for second year running

John Lewis posts pre-tax profit of £56m after loss of £234m in 2022 By Angharad Carrick Updated: 08:09 GMT, 14 March 2024 John Lewis reported a [...]

BP abandons £1.6bn deal to buy Israeli gas group NewMed due to the war in Gaza

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 13 March 2024 Israel deal: BP is keen to expand its presence in the Eastern [...]

Recession ‘already over’ as UK economy bounces back: Retailers and house builders drive recovery

By John-Paul Ford Rojas Updated: 22:01 GMT, 13 March 2024 Britain’s economy bounced back at the start of the year, according to figures that suggest [...]

Insurer L&G under fire over £7.4m golden hello to new boss Antonio Simoes

By John-Paul Ford Rojas Updated: 22:01 GMT, 13 March 2024 In the money: New Legal & General boss Antonio Simoes (pictured) received a $7.4m golden [...]

Government hires M&C Saatchi to drum up support for its NatWest shares sale

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 13 March 2024 Natwest sale: M&C Saatchi has been tasked with attracting a ‘new generation [...]

Energy boss calls for ban on old-style key and card pre-payment meters

Non-smart enabled meters require users to top up keys and cards at a shop Bill Bullen says legacy meters leave vulnerable consumers 'suffering in silence' More than [...]

The Gym Group eyes 50 new site openings

The Gym Group is looking to open between ten to 12 new locations this year By Jane Denton Updated: 15:56 GMT, 13 March 2024 The Gym [...]

Royal floor designer Victoria confirms 1,170 job cuts as sales dwindle

Victoria dates back to 1895 and holds a Royal Warrant By Jane Denton Updated: 11:33 GMT, 13 March 2024 Royal floor maker Victoria has cut 1,170 [...]

Starling Bank poaches energy supplier Ovo’s chief exec as it considers a listing

By Daily Mail City & Finance Reporter Updated: 10:57 GMT, 13 March 2024 Starling Bank said Raman Bhatia would take over from interim chief exec [...]

Electric car drive slams brakes on profitability at Porsche

By Daily Mail City & Finance Reporter Updated: 10:55 GMT, 13 March 2024 Porsche expects weaker returns this year as it pushes ahead with electric [...]