De Beers cuts production by over a fifth as demand for diamonds dwindles
De Beers - famous for coining the phrase 'A Diamond is Forever' in the 1960s - will now aim to produce 26m to 29m carats this year.
Source: thisismoney.co.uk
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Lloyds severance costs reach £100m as lender ups UK house price growth forecast
Lloyds Banking Group flagged 'elevated severance charges' of £100million that contributed to an 11% increase in operating costs.
Source: thisismoney.co.uk
Almost no fixed-rate energy deals are cheaper than the Ofgem price cap
Research from Warm This Winter found that most of the 383 fixed-rate tariffs on the market are not as cheap as price-capped bills and can come with very high exit fees.
Source: thisismoney.co.uk
Heathrow shrugs off strike threat as airport eyes busiest ever summer
Europe's busiest airport posted an £189million pre-tax profit for the opening three months of 2024, compared to a £60million loss during the same period last year.
Source: thisismoney.co.uk
'We're too complex': PZ Cussons to offload St Tropez tanning brand
PZ Cussons shares rose 4.44% or 4.2p to 98.80p on Wednesday, having fallen over 50% in the last year.
Source: thisismoney.co.uk