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 [...]
Reeves seeks to boost UK share ownership in ISA overhaul October 18, 2025 Chancellor Rachel Reeves is looking to boost UK share ownership as part of her plans to overhaul ISAs, with potential measures including a minimum holding of British companies and a stamp duty tax break. The move is an evolution of the previously scrapped Conservative plan to create a ‘Brit ISA’ and comes as Reeves searches [...]
Conservatives will attempt to block Chagos deal over China spying fears October 18, 2025 Conservative MPs will launch a last-ditch attempt to block the Chagos Islands deal next week due to fears it will be used by China to spy on the UK. First reported in the Telegraph, the Tories plan to force a vote in Parliament over whether to effectively end the deal by holding up payments to [...]
Sumo in the City: Star of the dohyo becomes finance bro October 16, 2025 A star of this week’s Grand Sumo Tournament at the Royal Albert Hall has been spotted trying his hand at finance. Akira Takayasu, who is competing in South Kensington in the second Grand Sumo Tournament to leave Japan in 1,500 years, got stuck in at City stalwart Mizuho Financial Group on Thursday. The 35-year-old, famed [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities October 16, 2025 Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]
Industry figures urge Reeves to go further with cash ISA reforms October 15, 2025 Financial industry figures have urged Rachel Reeves to go further on reforming the cash ISA, following speculation the Chancellor is looking to overhaul the system in the looming Autumn Budget. Reeves is understood to be reviving a plan to cut the tax-free limit on cash ISAs, in a bid to get people to move cash [...]