Why is the pharmaceutical industry turning its back on the UK? September 18, 2025 Since coming into power last year, Rachel Reeves and Keir Starmer have consistently stressed the importance of the life science sector to the UK economy, viewing it as critical for growth. In its aim to boost the industry’s standing, Labour pledged to make the UK an attractive place for investment and innovation, and to increase [...]
UK investors flock back to developed markets as economic fears ease September 17, 2025 Retail investors are regaining confidence in the UK and US markets as they lose patience with emerging markets performance. Over a third of UK retail investors view the domestic market as able to offer the strongest long-term opportunities, according to the latest research from investment platform eToro. The US economy’s improving performance has also lured [...]
Growing pension uncertainty sparks a downturn in retirement saving September 17, 2025 Growing uncertainty over the future of the state pension and a rise in unsecured debt has sparked a worrying downturn in saving for retirement, new research has found. According to the latest retirement survey from Interactive Investor, only 44 per cent of UK savers believe the state pension will still be in place when today’s [...]
Raine Group: Inside bank behind Chelsea, Man United and Hundred deals September 17, 2025 When a team or sporting entity changes hands, those doing the buying and selling usually command the headlines and screentime; think the Glazer family and Sir Jim Ratcliffe, or Roman Abramovich and Todd Boehly. But these well-known individuals could not complete their often multi-billion-pound transactions on their own. Enter, then, the Raine Group, the advisory [...]
‘Exhausting’ house buying process damaging the economy, says Santander September 17, 2025 The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]
State pension boost raises questions on tax and triple lock future September 16, 2025 While pensioners may be cheering a proposed 4.7 per cent rise in the state pension, there are lingering questions over the sustainability of such increases and the viability of the triple lock itself. The proposed uplift means that payments to retirees are on track to rise by more than £560, bringing the new full state [...]
Parents’ secrecy on inheritance plans leaves children facing unexpected tax burdens September 15, 2025 Parents are choosing not to tell their children about their inheritance plans, leaving them at risk of being slapped with unexpected tax bills, new research has found. According to investment manager Charles Stanley, more than a third of Brits have an alarming lack of knowledge of how their parents plan to pass down wealth, despite [...]
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 [...]
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 [...]