Business investment could be revived in ‘promising’ sign, BCC says June 4, 2025 Business investment could soar as high as 4.8 per cent this year, a leading commercial group has predicted, bulldozing through its previous expectations of a paltry 0.6 per cent rise. Little cash has been put into making firms more effective in recent years, which has in turn stalled growth and hampered the UK’s ability to [...]
Is June the time to buy Premium Bonds? June 3, 2025 Premium Bond prizes range from £25 to £1m, but the odds of winning can feel very small compared to the rate savings accounts offer right now. Over 24m people in the UK own Premium Bonds, a savings vehicle offered by Treasury-backed National Savings and Investments (NS&I). Winners for June are due to be announced over [...]
JP Morgan launches risk-rated investment portfolios June 3, 2025 JP Morgan plans to scale up its UK investment offering after fresh research revealed a huge frustration among UK retail investors. The lender found nearly one in six UK investors were unsatisfied with the income they received from investments, despite two-thirds saying the income from investing was important. The firm is using its Asset Management [...]
Cash ISAs: Record £14bn piled in after rumoured cut from Reeves June 2, 2025 A record £14bn was put into cash ISAs in April as the new tax year kicked off, fresh figures from the Bank of England show, marking the highest amount since April 1999. The ballooning savings follow speculation over the fate of cash ISAs amid rumours of a cut to the allowance. In the Spring Statement [...]
The cheapest Self-Invested Personal Pension (SIPP) providers May 30, 2025 High earners are increasingly contributing £60,000 and above to their Hargreaves Lansdown Self-Invested Personal Pension (SIPP), new data shows. The number of people making contributions of exactly £60,000 – the full allowance – was up 12 per cent in the last tax year. The number of people making SIPP contributions over the annual allowance was [...]
What is ‘clearly missing’ from Rachel Reeves’ pension review May 29, 2025 A senior figure at investment bank Peel Hunt has set out what is “clearly missing” from Chancellor Rachel Reeves’ plans for reforming the UK pension industry. The government has provided more details on its proposals which include the creation of £25bn ‘megafunds’ to encourage fresh investment into UK infrastructure and businesses. The Treasury has also [...]
Premier Miton: Asset manager faces tariff strain May 29, 2025 AIM-listed fund manager Premier Miton recorded a drop in its assets for the first half of the financial year, citing “investor caution, particularly toward UK and European equity strategies”. The firm’s assets under management dropped to £10.2bn, compared to £10.7bn in September 2024. Net outflows jumped to £254m, a sharp increase from £46m for the same [...]
Gen Z investors reliant on LinkedIn and TikTok finfluencers for advice May 28, 2025 Gen Z has led the charge in a growing trend of using social media for investment advice, according to new data from Charles Schwab. Over 70 per cent of Gen Z use social media and financial influencers – dubbed finfluencers – when making investment decisions, the data suggests. LinkedIn was valued as the top social [...]
AJ Bell shares surge as investors give £3.3bn boost May 23, 2025 Shares in AJ Bell have leapt ten per cent after the London-listed firm posted a strong half year performance. The Salford-headquartered group’s assets under administration (AUA) have hit a new peak of £90.4bn, buoyed by investors injecting £3.3bn and the firm benefiting from £600m of favourable market movements. Revenue was up 17 per cent to [...]
Slash red tape for fund managers or risk ‘industry exodus’ May 23, 2025 The government must slash red tape preventing new fund managers from setting up or risk an industry exodus, experts have warned. The rate of new fund management businesses being created has dropped precipitously in recent years as high barriers to entry have pushed too many entrepreneurs away from the industry, according to a report by [...]