News

British American Tobacco to cut jobs as it turns to AI in drive to 'simplify' operations

Yesterday

The FTSE 100 tobacco giant, which employs around 49,000 staff around the world, has confirmed plans to pursue 'productivity initiatives'.

City in shock as Schroders sold to US rival Nuveen in £9.9bn deal

Yesterday

In a deal that stunned the City, the FTSE 100 giant said it had agreed to the acquisition that will create a 'global powerhouse' with £1.8trn of assets under management.

Hermes defies luxury gloom thanks to booming demand for its expensive Birkin handbags

Yesterday

The Birkin bag maker, whose fans include Maura Higgins (pictured), saw sales rise by 9.8% to £3.57bn over the last three months of 2025.

Logic says: Relx, don't panic - unfortunately logic may be in short supply, says RUTH SUNDERLAND

Yesterday

Relx was until recently an unsung super-hero share with a strong track record - probably the best company many investors had never heard of.

Bank of England under pressure to slash interest rates as growth slows to a crawl

Yesterday

Figures from the Office for National Statistics showed gross domestic product grew by just 0.1% in the final quarter of last year - worse than expected.

MPs lambast Capita bosses over civil service pensions chaos: Enormous case backlog blamed for meltdown

Yesterday

Capita bosses got a pasting from MPs today over a civil service pensions scandal which has led to 'heartbreaking' cases of hardship.

FTSE 100 hits new record high after Schroders deal before going into reverse

Yesterday

London's blue-chip index scaled to a new record of over 10,500 points, but it was bittersweet as it was boosted by Schroders, which has agreed to a £9.9bn takeover deal.

What investors need to know about the UK stock market as it hits record highs: INVESTING SHOW

Yesterday

Adrian Gosden, manager of Jupiter UK Multi Cap, talks to Simon Lambert about where he believes some of the UK market's golden opportunities lie.

Nationwide cuts mortgage rates - could it trigger a new price war?

Yesterday

Nationwide Building Society has announced it is cutting mortgage rates by up to 0.16 percnentage points.

Social media platforms now make nearly £4bn a year from scam adverts

Yesterday

Often, these scams promote false products or investment opportunities by impersonating legitimate organisations, or well-known figures using deepfakes.

Magnum profits sink after Unilever split but boss unconcerned by weight loss jab effect

Yesterday

Shares in the Magnum Ice Cream Company, which owns the Cornetto and Wall's brands, fell 14pc as investors were left unimpressed with its sales growth forecast. Its profits fell 48.4pc last year.

Record 125,000 heat pumps sold last year despite concerns over upfront costs and how well they work

Yesterday

The number of heat pump sales reached record highs last year, according to new data from the Heat Pump Association.

Savers almost £300 worse off by sticking with big banks paying just 1%

Yesterday

Big banks now on average offer 1.19% on easy-access savings accounts versus 4.12% offered by the best buy savings accounts.

Unilever pins hopes on beauty brands as earnings disappoint amid 'subdued' market

Yesterday

Boss Fernando Fernandez has been on a mission to turn the consumer goods giant around since taking the helm in March. It expects sales growth to be at the lower end of its forecast.

How much more singles need to save for retirement to enjoy the same comfortable lifestyle as a couple

Yesterday

Single people need to save a lot harder to achieve the same lifestyle, and lean more on private savings because they only have one state pension.

Treasury admits 7,000 high street firms will see business rates bill DOUBLE after botched Budget reform

Yesterday

Dan Tomlinson, a Treasury minister, said around 1 per cent of the UK's 767,000 retail, hospitality and leisure firms would be hit by the staggering increases following the Budget .

Bitcoin will go to zero. Wall Street heavyweights tell me it's a scam. If you hold it be prepared to lose everything, says RUTH SUNDERLAND

Yesterday

Crypto has always left me cold. I am not in the least surprised at the recent bust in Bitcoin, which has lost more than half its value since its October peak.

We have two homes but our estate is worth under £1M, can we pass it all on inheritance tax free?

Yesterday

The value of our estate falls within the £1million combined allowance for a married couple, so would our entire estate pass tax-free to our children?

Streeting was right - there is no growth strategy and things may get a whole lot worse, says HUGO DUNCAN

Yesterday

Britain is now bumping along the bottom, eking out minimal growth of just 0.1 per cent in the third quarter and the same again in the final three months of the year.

Last chance to nab £200 from IG: With the investment platform matching your deposit how can you take up the deal?

Yesterday

The investment platform IG is running three deals at the moment to encourage new customers to sign up. An offer that pays £200 has the least hoops to jump through.

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