Business & Finance | Express Digest

VAT tax break for small firms: White van man among 28,000 to benefit

By Mark Shapland Published: 22:21 GMT, 6 March 2024 | Updated: 22:21 GMT, 6 March 2024 White van man was among those handed a much-needed [...]

UK space sector handed extra cash to get more rockets off the ground this year

By Daily Mail City & Finance Reporter Published: 22:19 GMT, 6 March 2024 | Updated: 22:19 GMT, 6 March 2024 Blast off: The Chancellor yesterday [...]

Germans stuck in ‘winter recession’ as forecasters predict growth will be weaker than feared

By Daily Mail City & Finance Reporter Published: 22:09 GMT, 6 March 2024 | Updated: 22:09 GMT, 6 March 2024 The Ifo institute now expects [...]

Revolut determined to get UK banking licence: Financial app is now ‘moving in the right direction’

By Jessica Clark Published: 22:02 GMT, 6 March 2024 | Updated: 22:02 GMT, 6 March 2024 Licence fight: Revolut boss Francesca Carlesi said the financial app [...]

Nigel Farage warns debanking row with NatWest is ‘far from over’

By Jessica Clark Published: 22:00 GMT, 6 March 2024 | Updated: 22:00 GMT, 6 March 2024 Debanked: Former UKIP leader Nigel Farage Nigel Farage yesterday warned [...]

New Legal & General boss Antonio Simoes eyes investment shake-up

By John-Paul Ford Rojas Published: 22:00 GMT, 6 March 2024 | Updated: 22:00 GMT, 6 March 2024 Shake-up: Legal & General boss Antonio Simoes (pictured) [...]

Anglesey nuclear power plant plan resurrected almost four years after being shelved

By John Abiona Published: 22:00 GMT, 6 March 2024 | Updated: 22:00 GMT, 6 March 2024 Powering ahead: An artist's impression of the proposed nuclear [...]

NatWest retail sell-off to take place in the summer as government unwinds taxpayer bailout

A summer date has been unveiled for the NatWest retail sell-off to the publicThe Government has a 33% NatWest stake and will sell it to [...]

Mortgage rates will peak at 4.2% – far lower than forecast just four months ago, OBR says

Average house price is set to fall just below £275,000 later this year Mortgage rates are expected to remain below 4% until 2026By Harvey Dorset Published: [...]

Council tax to rise by £13bn a year by 2029, Budget watchdog warns

The amount councils have to pay is set to increase, according to the OBRThe watchdog added that despite the rise many councils may still slash [...]

William Hill owner 888 weighs sale of US consumer sports betting arm

888 is active in four US states: Michigan, Colorado, Virginia and New JerseyThe William Hill owner has agreed to pay Authentic Brands £39.4m in feesBy [...]

The Spring Budget at-a-glance: Chancellor reveals tax and spending plans

By Mike Sheen Updated: 13:03 GMT, 6 March 2024 Chancellor Jeremy Hunt today delivers a highly anticipated Spring Budget, faced with pressure to cut taxes [...]

John Lewis Partnership upping minimum rate of pay to £11.55 an hour

By Jane Denton Updated: 11:10 GMT, 6 March 2024 The John Lewis Partnership (JLP) is increasing its minimum rates of staff pay by 10 per [...]

BUSINESS LIVE: Spring Budget looms; L&G misses profit expectations; Capita to make extra cost savings

By Live Commentary Updated: 07:56 GMT, 6 March 2024 Chancellor Jeremy Hunt will deliver his Spring Budget at around 12.30pm today. The Government will be [...]

HSBC raises fixed-rate mortgage deals for the second time in two weeks as lenders hike rates

By Adele Cooke For Money Mail Updated: 01:02 GMT, 6 March 2024 HSBC is raising rates across its fixed-rate residential mortgage deals from today, becoming [...]

Be warned – banks tell me they WON’T be ready for major Isa shake-up, says SYLVIA MORRIS

Savers have been promised a shake-up of Isa rules, which will make tax-free saving easier than ever.But with a month to go until April 6, [...]

Titanic shipyard Harland & Wolff closes in on £120m Falklands contract

By Daily Mail City & Finance Reporter Updated: 22:04 GMT, 5 March 2024 Harland & Wolff Group is the Falklands government’s preferred choice to build [...]

M&S food sales surge ahead of Aldi and Lidl as recovery gathers pace

By Emily Hawkins Updated: 22:04 GMT, 5 March 2024 M&S sales over the past 12 weeks were 11.9% higher than a year earlierFood sales at [...]

Greggs rolls out £17m staff bonus after raking in bumper profits

By Emily Hawkins Updated: 22:03 GMT, 5 March 2024 A typical Greggs worker will be handed a £700 bonus after it raked in bumper profits [...]

Bitcoin at a record high after 60% jump this year amid mounting speculation it could top $100,000

By Leah Montebello Updated: 22:02 GMT, 5 March 2024 Bitcoin soared to an all-time high close to $70,000 yesterday – before crashing almost 15 per [...]

Mirror owner Reach cuts expected phone hacking payout bill

Reach estimates it will spend £18.2m to resolve so-called 'historical legal issues'The Daily Mirror told investors that it would release a further £20.2m provisionBy Harry [...]

Bitcoin price briefly reaches record high of $69,202 as investor demand for ETFs continues

Bitcoin surpassed its previous record highThe cryptocurrency has rocked in recent weeksGold has also recently hit a record high By Angharad Carrick Updated: 15:46 GMT, 5 [...]

Beat best buy savings rates and turbo charge your interest with this simple trick…

Raisin UK is offering a £50 sign up bonus* on top of its 5.02% rate for one-year fixThis brings the rate up to 5.49% for one [...]

Ashtead Group shares slump as FTSE 100 firm trims revenue outlook

Ashtead Group leases machinery like battery-powered saws and forklift trucksThe Surrey-based business saw its shares slump 7% in early trading on TuesdayBy Harry Wise Updated: [...]

Spirent Communications agrees £1bn takeover by US-based Viavi Solutions

The deal will see Spirent shareholders receive 175p per shareAs part of the deal, Silver Lake will invest $400m in Viavi Solutions By Daniel Fessahaye Updated: 10:19 [...]

Greggs on course to double sales by 2026 as revenues soar to £1.8bn

Greggs reported overall turnover rose by almost £300m to £1.8bn last yearTrade was partly driven by price hikes and volume expansion at existing sitesSales were [...]

Online pension provider PensionBee unveils plans to conquer US

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 4 March 2024 'Transformative step': Pensionbee, led by Boss Romi Savova (pictured), is setting up [...]

KPMG fined £1.5m over ‘basic failings’ in its audit of advertising firm M&C Saatchi

By Calum Muirhead Updated: 22:00 GMT, 4 March 2024 KPMG has been fined £1.5m over 'basic failings' in its audit of advertising firm M&C SaatchiKPMG [...]

New HIV drug Cabotegravir that can be taken as little as three times a year boosts GSK

By Calum Muirhead Updated: 22:00 GMT, 4 March 2024 The battle against HIV received a boost after GSK reported data showing one of its drugs [...]

Bitcoin and gold race towards record highs as investors bet on interest rate cuts

By Leah Montebello Updated: 22:00 GMT, 4 March 2024 Crypto surge: Bitcoin reached $66,864 yesterday - its highest level for more than two yearsBitcoin and [...]

UK investors shun British equity funds in favour of surging US valuations

By Daily Mail City & Finance Reporter Updated: 22:00 GMT, 4 March 2024 Equity funds are enjoying a bounce-back among UK investorsUK investors piled into [...]

Halma acquires Dutch-based Rovers in initial £73m deal

Deal may reach £78m based on Rovers' performance up to 31 March 2025By Daniel Fessahaye Updated: 13:47 GMT, 4 March 2024 Safety equipment company Halma has [...]

Vertu Motors says used car prices have recently started steadying

Wholesale used vehicle prices fell by 10.3% between October and December Based in Gateshead, Vertu is one of the country's largest vehicle dealershipsBy Harry Wise Updated: [...]

Shipping giant Clarkson achieves another record year

Underlying profit before taxation was up 8.2% year-on-year to £109.2mBy Daniel Fessahaye Updated: 12:28 GMT, 4 March 2024 Clarkson posted record numbers for 2023 despite [...]

Companies House gets new powers to tackle fraud on its register

UK residents have had home addresses hijacked and used to register companiesOften this is done by fraudsters operating out of China Companies House will now tighten [...]

Wizz Air sees 15.8% rise in passengers annually in February

Hungarian air carrier sees a 15.8% rise in passengers year-on-year in February By Daniel Fessahaye Updated: 09:49 GMT, 4 March 2024 Wizz Air saw a rise [...]