News

Co-operative Bank prepares to return to mutual ownership

Today

The lender also completed its transformation plan which included staff cuts and a £100m IT simplification project.

John Lewis gets go ahead to be landlord by building hundreds of flats

Today

The group will build 353 flats at the site in Bromley, south London. It has been dabbling in endeavours aside from retail, including financial services and property services.

MARKET REPORT: Star stock picker's exit casts gloom on Jupiter Fund Management

Today

The FTSE 250-listed investment group reported total net outflows of £3.4billion in the six months to the end of June, up from £2.2billion at the end of last year.

Birkin handbag maker Hermes bucks the trend with profit rise

Today

The French firm's second-quarter revenue was £3.1billion, up 13 per cent year-on-year. Sales were strong everywhere but Asia.

Drax seeks new handout despite £300m buyback

Today

It has been handed more than £6billion of subsidies for the power station in Selby, North Yorkshire that generates more than 4 per cent of the UK's electricity.

NatWest setback as Labour kiboshes 'Tell Sid' share sale

Today

Rachel Reeves is keen to offer the Government's £5.6billion stake to pension funds, insurers and asset managers, rather than ordinary investors, sources say.

Bank of England Governor Andrew Bailey may hold key to decision on rate cut

Today

The nine-person Monetary Policy Committee will meet on Thursday to vote whether or not to cut for the first time in four years.

Analysts rate Legal & General shares as either a 'hold' or a 'buy'

Today

The £13.69billion FTSE 100 company, which takes care of £1trillion worth of retirement and other savings, is being revamped under chief executive Antonio Simoes.

Why Vodafone and BT shares are worth a call

Today

Over the past decade, shares in these two household names have lost more two-thirds of their value. Are there compelling reasons to stay

ALEX BRUMMER: Chancellor Rachel Reeves must end her deceit over economy

Today

It undermines the credibility of a Government which seeks to position itself at home and abroad as steady hands on the tiller of state.

RAY MASSEY: How to be a confident car buyer - or seller

Today

We speak to experts including What Car?, Which? and the motor industry's Car Dealer magazine on how to keep scammers at bay.

Best student accounts: The banks giving out railcards, interest-free overdrafts and £100 cash

Today

Banks have started to roll out a raft of new perks to attract students ahead of the new academic year.

My neighbour's barking dog is a nightmare - should I just move house?

Today

Lots of my neighbours have told me the dog bothers them, but said they didn't want to cause a fuss. What can I do to make it stop?

Ten cars turning 40 this year - but does reaching the milestone make them bona fide classics?

Today

Does reaching 40 years of age guarantee that a car earns 'classic' status? Here's 10 examples of motors that arrived in 1984 - you can decide if they're deserving or not.

One in FIVE drivers has put the wrong fuel in their car - facing costly bills as most insurance won't pay out

Today

Filling up your car with the wrong fuel can cause a huge amount of damage - and this mistake might be more common than you think.

New lender offers mortgages of six times income - is that a good idea?

Today

A new mortgage lender is offering homebuyers and homeowners the chance to borrow up to six times their annual salary, compared to the traditional 4.5 times.

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year

Yesterday

Tax exemptions ending on 1 April 2025 will 'create further cost barriers for drivers looking to transition to EVs,' says Auto Express.

MARKET REPORT: Centrica shares tumble as energy prices cool

Yesterday

Shares in the owner of British Gas fell by almost 10pc despite the London stock market bouncing back following a tech stock meltdown on Wall Street.

Convicted Libor trader Tom Hayes takes appeal to the Supreme Court

Yesterday

Tom Hayes, the first trader jailed for fixing key interest rates, has been granted permission to appeal against his criminal conviction at the UK's top court.

SMALL CAP MOVERS: Shield Therapeutics energised by new iron deficiency drug

Yesterday

Shield is a rarity for AIM: a drug development company that has hit a home run, meaning it has successfully developed a commercial drug.

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