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Babcock takes a £140m profits hit as costs from late changes to Royal Navy frigates spiral

Today

It is the latest setback for the FTSE 100 firm's 2019 contract for five UK frigates from its shipyard in Rosyth, Scotland, at £250m each.

Labour civil war fuels housing crisis: Vistry shares crash after projects put on hold as Savills and RICS warn of sales slowdown

Today

In a bleak update that sent shares crashing to a 15-year low, builder Vistry warned of sharply lower profits and revealed it is delaying new projects.

End siege on the FTSE 100: Debt-fuelled buyouts are damaging Britain, says ALEX BRUMMER

Today

When and if there is a settled government in Downing Street perhaps someone will turn their attention to the FTSE 100.

Cheap Chinese cars are driving British motorists away from old favourites, says dealership Vertu

Today

Noting a 'structural shift' in the market, Vertu said Chinese brands have raised their market share to 5.5% of sales in 2025, against just 0.7% a year earlier.

UK households suffer sharp fall in wealth amid global turmoil

Today

UK households have suffered a sharp fall in wealth as global turmoil stokes a rise in the cost of living, new figures show.

How Labour plunged the rental market into chaos overnight: Landlords prepare for the worst

Today

The buy-to-let market has been plunged into chaos after Labour introduced overnight on May 1 the biggest boost to rights in a generation.

Britain's top 50 buy-to-let hotspots revealed: The locations that could net you a huge windfall

Today

Property owners could use the chaos in the rental market as an opportunity to expand their investments - as long as they choose their locations carefully.

How to work out and pay inheritance tax: You get just SIX MONTHS to stump up death duties

Today

The daunting task of working out and paying inheritance tax must be done in the immediate and intense period of grief after a death. Read our guide on what to do...

Outgoing Currys boss set to take the reins at Boots to steer it through £7bn stock market listing

Today

Alex Baldock will be named chief executive of the British chemist later this spring, according to reports by Sky News. This may boost hopes that Boots could list on the London stock market.

I'm a stock-picker and here are my five rules for successful investing

Today

If you want to invest in shares, the immense choice can be bewildering. Our Midas stock-picking expert Joanne Hart explains how to sort the wheat from the chaff.

Chinese car brand Omoda debuts £35,000 SUV with a touchscreen that slides across the dashboard

Today

It's designed so that when the driver is concentrating on the road ahead, a front-seat passenger can summon the screen to their side of the cockpit.

Tui downplays jet fuel shortages as Iran war weighs on demand

Today

Tui has said that holidaymakers are booking later due to the war in the Middle East - but has downplayed fears of jet fuel shortages. It is still expecting annual profits to fall this year.

Why everyone is loving the viral Jaecoo 7: Owners tell us why the 'Temu Range Rover' is a must-have

Today

The 'Temu Range Rover' Jaecoo 7 SUV was March's best-selling new car. Chinese Jaecoo is the Uk's fastest growing automotive brand. Now owners tell us why the SUV is a great buy.

Vistry profits take a hit as it slashes prices to offset a slump in demand

Today

Vistry said it had seen a 'moderation' in sales in recent weeks 'reflecting uncertainty' arising from the Middle East conflict.

JCB aiming for 350mph land speed record using hydrogen engines from its DIGGERS

Today

JCB has unveiled its new 1,600bhp Hydromax vehicle - a bullet-shaped 'streamliner' that's powered by two green hydrogen engines from its famous yellow machinery.

Babcock profits hit by £140m charge on reworks to Royal Navy ships

Today

Babcock took a £140m hit in the last financial year, helping drag down profit growth.

Britain for sale: Intertek set to be third FTSE 100 firm to fall into foreign hands this year as overseas predators swoop on London stock market

Today

Intertek looks set to become the latest FTSE 100 company to fall into foreign hands after it suggested it would back a £10.6billion takeover by Swedish private equity.

Asking people to save 12% of salary into pensions could tackle looming retirement poverty crisis

Today

Poverty in retirement could be drastically reduced if minimum work pension contributions were boosted, a new report finds.

JP Morgan boss threatens to scrap London HQ plans for 12,000 staff if Labour lurches to the Left

Today

The boss of America's largest bank has threatened to abandon its plan to build a new skyscraper in London if the government moves further to the Left.

I feel the last 48 hours mean a financial crisis is inevitable after reporting on the UK economy for more than 50 years: ALEX BRUMMER

Today

During the past 48 hours, the British Government's cost of borrowing -already the most expensive among the G7 richest countries - has reached the highest levels seen this century.

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