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News

  • Asylum seeker released in error seen in London area, police say

    October 25, 2025

    An asylum seeker accidentally released from prison was last seen in the London area, police said, as officers urged anyone who spots him to call 999 immediately. Ethiopian national Hadush Gerberslasie Kebatu, 38, who had been living at the Bell Hotel in Epping, was jailed for 12 months in September for the sexual assault of [...]

  • St James’s Place continues on its path to redemption

    October 23, 2025

    The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]

  • UK dividends fall as companies battle challenging economic backdrop 

    October 23, 2025

    UK dividends tumbled in the third quarter of the financial year, as large companies made significant cuts to their shareholder payouts. According to the latest dividend monitor from financial services firm Computershare, London-listed firms paid their shareholders £24.6bn in the third quarter, through one off and regular payments. This was a 1.4 per cent year-on-year [...]

  • The ‘confidence gap’ is discouraging women from investing

    October 23, 2025

    The UK financial services’ sectors fixation with the ‘confidence gap’ is actively turning women away from investing, a trading platform has warned. An analysis by Etoro of more than 80 UK reports on women investing by the financial services industry, found a repeated belief that the gender investment gap was caused by a lack of [...]

  • Waymo founder: ‘I never envisioned a London rollout’

    October 22, 2025

    As Waymo prepares for its UK launch, founder Sebastian Thrun admitted he “never envisioned” London being home to autonomous cars. The driverless taxis have taken the US by storm, and the company will soon enter Europe, hitting the streets of the capital before the end of the year. The company, owned by Google parent Alphabet, [...]

  • Reeves’ tax grab could ‘wipe £4bn out of the stock market’

    October 22, 2025

    One of the UK’s leading trading platforms has warned Chancellor Rachel Reeves that raising retail investor taxes could wipe billions off the stock market, undermining government attempts to boost domestic investing and strengthen the London market. According to research from trading platform IG, a two percentage point increase in both dividend and capital gains tax [...]

  • Lifetime ISA hands £1bn boost to Treasury coffers amid debate over purpose 

    October 21, 2025

    The Lifetime ISA has provided the Treasury with a significant fiscal boost each year since 2021, despite the government continuing to question whether it is ultimately fit for purpose. According to research from CBI Economics, commissioned by Moneybox, the Lifetime ISA (LISA) has delivered a net boost of £1bn to date for the government since [...]

  • Government must increase financial education in order to boost investment, think tank warns

    October 20, 2025

    The government must do more to encourage wealth building and increase financial knowledge as Brits continue to turn away from retail investing, a think tank has warned. According to the latest report from the Startup Coalition, only 50 per cent of adults invest in the stock market, leaving billions in low-yield accounts and cash ISAs, [...]

  • Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally

    October 20, 2025

    Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]

  • Former BT boss in advanced talks to be next chairman of Heathrow

    October 18, 2025

    The former BT Group chief Philip Jansen is lined up to be the next chairman of Heathrow Airport as it prepares to deliver a nearly £50bn expansion. Jansen, is in advanced talk with the board and shareholders of the UK’s largest aviation hub about taking on the role, according to Sky News. Sources said an [...]

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