Express Digest is a giant collection of the best News
and interesting links on the web!

All posts in: Business & Finance

UK inflation fall sparks Santa rally: Rate cut hopes boost shares and gilts

By John-Paul Ford Rojas Updated: 22:20 GMT, 20 December 2023 Shares rose and bond yields fell as investors cheered a sharper-than- expected fall in inflation. ... read more

End of an era for Toshiba as its shares are delisted from the Tokyo stock exchange after 74 years

By Dominic Ly Updated: 22:20 GMT, 20 December 2023 Shares in Japanese electronics giant Toshiba have been delisted from the Tokyo stock exchange after 74 years.... read more

Revolut to finally publish long-delayed results as it bids to secure a banking licence

By Calum Muirhead Updated: 22:19 GMT, 20 December 2023 Financial app Revolut is set to publish a set of long-delayed results which it hopes will pave the way fo... read more

Frasers Group snaps up luxury clothing website Matches Fashion for £52m

By Daily Mail City & Finance Reporter Updated: 22:19 GMT, 20 December 2023 Frasers Group has snapped up luxury clothing website Matches Fashion for £52mill... read more

World’s largest offshore windfarm to go ahead in North Sea

By Emily Hawkins Updated: 22:01 GMT, 20 December 2023 The world’s largest offshore wind farm looks set to be built off the coast of Britain. In a sorely neede... read more

Tortilla Mexican Grill shares dive amid profit warning

Tortilla predicts adjusted earnings before nasties of £4.5-£4.6m this year  The firm’s forecast turnover of £69.8m is ‘slightly behind’ an... read more

LBG Media shares sink as Australian arm suffers profit drop

LBG Media shares fell over 5% on Wednesday amid group’s trading update   By Jane Denton Updated: 12:42 GMT, 20 December 2023 LBG Media shares fell over ... read more

Home REIT estate now worth less than half of total purchase costs

JLL estimated Home REIT’s estate was worth £412.9m at the end of August Home REIT’s chair said bosses were ‘extremely disappointed’ by ... read more

Ex-Refinitiv executives in line for share payout as LSEG waives lock-in

Participants in plan will be able to dispose of their stocks held from 29 January By Jane Denton Updated: 10:09 GMT, 20 December 2023 The London Stock Exchange ... read more

Investors and borrowers cheer shock inflation slump to 3.9%

CPI fell to 3.9% in November, according to the Office for National Statistics Inflation is down from 4.6% in October and far below forecasts of 4.4% Shock fall ... read more

BUSINESS LIVE: CPI falls to 3.9%; Kin and Carta takeover bid upped; Home REIT value slumps

By Live Commentary Updated: 07:30 GMT, 20 December 2023 Consumer price inflation fell to 3.9 per cent in November, down from 4.6 per cent in October and lower t... read more

British Gas and E.ON can challenge Octopus Energy’s takeover Bulb, judge rules

By Daily Mail City & Finance Reporter Updated: 22:34 GMT, 19 December 2023 Ruling: British Gas and E.ON are challenging Octopus’ takeover of Bulb British ... read more

Women lead race to run oil giant BP after former boss Bernard Looney was forced to quit in disgrace

By Hugo Duncan and Jessica Clark Updated: 22:32 GMT, 19 December 2023 Two women have emerged as front-runners to take over at BP after Bernard Looney was forced... read more

A third of UK chief execs have considered moving their listing overseas

By John-Paul Ford Rojas Updated: 22:32 GMT, 19 December 2023 A third of UK chief executives have considered moving their listing overseas, according to figures ... read more

Pound set for $1.35 in 2024, says Goldman – but UK economy risks a ‘hard landing’

By John-Paul Ford Rojas Updated: 22:31 GMT, 19 December 2023 The pound could hit $1.35 against the US dollar next year, experts at Goldman Sachs predict – but... read more

Asda owner shrugs off £4bn debt mountain and insists he should stay in charge

By Patrick Tooher Updated: 22:30 GMT, 19 December 2023 Asda’s co-owner has insisted he is the best person to run the debt-laden grocer as an 18-month hunt for... read more

Christmas shoppers beware as interest rates on credit cards hit a 17-year high of 34.6%

By Adele Cooke Updated: 22:00 GMT, 19 December 2023 Shoppers who put Christmas purchases on their credit card and fail to pay off their balance next month will ... read more

Goldman Sachs raises S&P 500 price target for 2024

Goldman Sachs raises its 2024 S&P 500 target by 8% to 5,100 Investment bank cites rapidly easing inflation and looming interest rate cuts  By Daniel Fessah... read more

Hipgnosis delays results amid valuation doubts

Hipgnosis owns the back catalogues of artists like Blondie and The Kaiser Chiefs The firm was co-founded by Merck Mercuriadis and Chic guitarist Nile Rodgers  ... read more

Booking a holiday over Christmas? How to make sure you’re protected – and get the cheapest flights

Travel experts at FlightsFinder.com have revealed seven ways to save money on flights, including the exact day and time to book flights. The demand for travel s... read more

De La Rue’s boosted by resurgent banknote demand

The Hampshire-based company’s customers include the Bank of England De La Rue’s currency order book has more than doubled since September Its first-... read more

Lloyd’s of London extends lease on its iconic ‘inside out’ HQ until 2035

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 18 December 2023 Iconic: Lloyd’s of London’s ‘inside out’ HQ at One Lime S... read more

Wages are rising too fast to lower interest rates, says Bank of England

By John-Paul Ford Rojas Updated: 22:01 GMT, 18 December 2023 A senior Bank of England official has played down growing expectations of an interest rate cut – ... read more

Nasdaq stock exchange in bid to lure UK more British companies to list in New York

By Hugo Duncan Updated: 22:01 GMT, 18 December 2023 A leading US stock exchange is on the hunt for more British companies to list in New York. Karen Snow, the g... read more