Julia Hoggett awarded damehood for services to business, while HSBC chair Mark Tucker receives knighthood

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The head of the London Stock Exchange (LSE) and the chair of HSBC are among the business leaders to be recognised this year in King Charles’s birthday honours list.

Julia Hoggett, a former banker who has been the chief executive of the London Stock Exchange since 2021, has been awarded a damehood for her services to business and finance.

Company has been under pressure, issuing several profit warnings amid slump in property market

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Crest Nicholson, the embattled housebuilder, has rebuffed a second all-share takeover approach from its larger rival Bellway valuing the group at about £650m.

The FTSE 250 housebuilder this week reported losses in the first half and slashed its dividend in its latest profit warning as it continued to be hit by volatile mortgage rates and slowing demand in the housing market.

External counsel advised in 2013 that accounting errors in Horizon system should be corrected without risking admission of culpability

An external lawyer advised the Post Office to remove apologies from letters sent to post office operators and “maintain a more cold, procedural approach”, a public inquiry has heard.

The inquiry into the Horizon IT scandal was told that Andrew Parsons, a partner at the law firm Womble Bond Dickinson who advised the Post Office for more than seven years, wrote that apologising to the operators would be “admitting some degree of culpability”.

Company issues profit warning and slashes dividend, saying buyers are waiting for interest rate cuts

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The UK housebuilder Crest Nicholson has tumbled into the red and slashed its dividend, highlighting the struggles in the UK property sector.

Warning for the fourth time in a year that profits would be below expectations, the FTSE 250 company said it continued to be buffeted by volatile mortgage rates and slowing demand in the housing market.

Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US corporate history

• Analysis: Should Tesla approve Elon Musk’s pay package?
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Elon Musk has claimed Tesla shareholders are voting by a wide margin to approve a compensation package for him worth about $45bn (£35bn) in the run-up to the electric carmaker’s crunch annual general meeting later on Thursday.

The pay package, which is the highest ever awarded to the chief executive of a US company, is subject to an investor ballot after it was thrown out by a US judge earlier this year. Shareholders will also vote on Musk’s proposal to move the legal base of the electric carmaker to Texas.