Brits risk financial future as they fail to save for retirement September 15, 2025 UK savers are failing to put enough money away to fund retirement, despite growing calls from industry figures for people to get to grips with their pension savings. According to the latest report from Lloyds subsidiary Scottish Widows, nearly a quarter of working age people aren’t currently saving for retirement. Meanwhile, over a third are [...]
High living costs threaten Gen Z and Millennials’ pensions September 15, 2025 Younger generations are struggling to afford adding money to their pension pot, forcing many to be at risk of retirement poverty, new research has found. According to a survey from fintech start-up Chest, two in five 18-34 year olds are failing to top up their pension pot as they face the challenge of spending more [...]
Foreign takeovers risk turning UK into an ‘incubator economy’ September 15, 2025 The UK is facing a time crunch to avoid becoming an “incubator economy” as foreign takeovers continue to sweep the London market. A collection of top venture capital investors and founders have called for crucial reforms to the markets ecosystem with a focus on pensions and the IPO environment. The reforms, as outlined in a [...]
US financial firms pledge investment into the UK before Trump visit September 13, 2025 US financial firms have announced investments in the UK worth £1.25 billion before Donald Trump’s state visit next week. Citi Group has confirmed it will invest £1.1 billion across its UK operations, while S&P Global will put £4 million into their Manchester offices. PayPal has confirmed a £150 million investment in product innovations and growth [...]
Chinese retail giant in talks to buy Argos September 13, 2025 UK supermarket group Sainsbury’s has confirmed that it is in discussions for a potential sale of struggling retail chain Argos to a leading Chinese e-commerce giant. Retailer JD.com is looking to buy Argos, as it seeks to position itself in the UK market. The bid comes following JD.com’s failure to purchase electrical retailer Currys last [...]
Astrazeneca pauses £200m Cambridge investment September 13, 2025 British drug giant Astrazeneca has paused a planned £200 million expansion of its research site in Cambridge in a fresh blow to the UK pharmaceutical industry. It comes after the pharmaceutical firm abandoned plans to invest £450 million in a vaccine plant in Merseyside earlier this year in a blow to the Government as it [...]
Labour using ‘sticking plasters’ and failing to attract foreign investment September 11, 2025 The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]
Chancellor concedes higher taxes could hit economic growth September 10, 2025 Chancellor Rachel Reeves has acknowledged higher taxes could impact economic growth as she seeks to increase private investment in the UK. Speaking at the British Private Equity and Venture Capital Association summit, the chancellor told investors she had to hike taxes in her maiden budget in order to place finances on a “firm footing and [...]
Private capital firms eye increasing investment in attractive UK market September 10, 2025 Private capital firms view the UK as an increasingly attractive destination for investment as the Chancellor pledges to assist firms in raising capital. According to new research from the British Private Equity and Venture Capital Association (BVCA), four in 10 private capital investors view the UK as a good location to invest and build a [...]
Top Tory slams Anglo American’s move to relocate HQ to Canada September 9, 2025 Anglo American will merge with Canada’s Teck Resources in a $50bn (£36bn) deal, shifting its headquarters to Canada and reducing its London presence in a move criticised by shadow business secretary Andrew Griffith. The Tory MP said it represents a blow to UK business and confidence in London. The new entity, to be called Anglo [...]