Business

Next chief executive Lord Wolfson says that its prices are likely to fall this year thanks to falling factory prices, despite the Suez Canal crisis and rising staff costs. Daily Express :: City and Business Feed

Britain’s economy grew for a fifth consecutive month in March, according to a closely watched economic indicator, signalling that it has already come out of recession. Daily Express :: City and Business Feed

Direct Line has promised £100million of cost cuts and a new growth strategy as part of new chief executive Adam Winslow’s takeover defence against rival insurer Ageas. Daily Express :: City and Business Feed

Aviation regulators are considering cutting the fees Heathrow is allowed to charge airlines for using it next year and in 2026 by approximately six percent. Daily Express :: City and Business Feed

So the working-class east Londoner set out to prove them wrong. Acing his exams, his degree and a maths competition, Gary won a prized City internship and became a multi-millionaire trader at one of the world’s largest banks. Then it all started to go wrong… Daily Express :: City and Business Feed

Unilever is to float its ice cream division, home to Walls and Magnum, on the stock market and cut 7,500 jobs to boost returns and simplify the business. Daily Express :: City and Business Feed

Crest Nicholson says that the number of houses it will build this year could fall by up to 11 percent due to soft demand, despite a pickup in activity since January. Daily Express :: City and Business Feed

More than a tenth even compare themselves to how fit other people are – with over half saying this is negatively impacting their mental health. Daily Express :: City and Business Feed

Merchant bank Close Brothers has launched a £400million plan to build up its balance sheet in case it has to compensate former car loans customers for overcharging them. Daily Express :: City and Business Feed

The Marmite-to-Dove soap firm said the roles affected are largely office-based and the move comes as it looks to invest in technology to boost productivity and save money. Daily Express :: City and Business Feed