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      European financial centres lose global standing amid ‘relentless pivot to Asia’

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News

  • Boardroom Uncovered: Can Bupa and NHS save the UK healthcare sector?

    August 6, 2025

    The CEO of Bupa has rejected calls for the NHS to move to an insurance model and said that while it needs "fine-tuning", its "soul will remain" intact.

  • Legal & General: Profit jumps as international growth pays off

    August 6, 2025

    Asset management and insurance giant Legal & General has reported steady growth across all business arms as it continues its international growth plans. The company recorded a six per cent increase in core operating profit for the first half of 2025 after recording steady growth across all three of its business arms. Core operating profit [...]

  • Investors put off by complicated wealth management tools

    July 31, 2025

    Half of people who want help investing, feel “dissatisfied” with traditional wealth management tools, believing them to be too expensive or complex, a new survey has found. Two thirds of UK investors believe not enough people invest due to being unable to use complicated wealth management tools, according to research from wealth management platform Stratiphy. [...]

  • Investors continue to opt for gold driving global demand

    July 31, 2025

    Global demand for gold shows no sign of slowing down as investors and central banks continue to hoover up the safe haven asset. The precious metal rallied over the first half of the year, recording a 26 per cent rise against the dollar and outperforming almost all other major asset classes, according to the latest [...]

  • Rolls-Royce: FTSE 100 giant raises profit guidance after £1bn boost

    July 31, 2025

    Rolls-Royce has raised its profit guidance after a “strong start to the year” which saw its revenue surge by almost £1bn. The FTSE 100 giant has reported an underlying pre-tax profit of £1.68bn for the first six months of its financial year, up from the £1.03bn it posted for the same period in 2024. New [...]

  • Rathbones profit drops but second half growth expected

    July 30, 2025

    Profit at Rathbones suffered due to weak markets and an increase in costs,but it maintains its growth forecast for 2025. The wealth manager’s results, which were broadly in line with analyst expectations, revealed that underlying profit before tax declined to £107.7m from £112.1m, while net outflows hit £1bn up from £0.6bn. This was due to [...]

  • NFL HQ was target of New York gunman who killed four, says mayor

    July 29, 2025

    The NFL is believed to have been the original target of the gunman who killed four people on Monday, according to New York City mayor Eric Adams. Examiners think that 27-year-old Shane Tamura, of Las Vegas, was trying to get into the NFL headquarters after shooting several people in the building’s lobby, but ended up [...]

  • EU-US trade deal faces criticism from European leaders

    July 28, 2025

    European leaders have poured scorn on the EU-US trade deal struck by President Donald Trump and European Commission chief Ursula von der Leyen over the weekend, with many viewing the agreement as a victory for Trump rather than their own countries. While the pact announced on Sunday has helped dodge a potential transatlantic trade war, [...]

  • Lloyds reports strong growth as UK economic conditions improve

    July 24, 2025

    Lloyds bank has reported a strong financial performance in the first half of the year, achieving income growth and showing continued momentum across the business. The FTSE 100 giant, which includes Lloyd’s, Halifax and Bank of Scotland recorded a statutory profit after tax increase of £2.5bn, up 4 per cent year on year, with a [...]

  • Boardroom Uncovered: Is playing The National Lottery still gambling?

    July 23, 2025

    The boss of Allwyn UK has insisted the National Lottery is not gambling, despite the company being regulated by the Gambling Commission.

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