Goodbye Nutmeg, hello Clove: New investing service lands £10m funding October 14, 2025 As the London fintech world bids goodbye to investing app Nutmeg, a new spice-themed alternative is about to rise up from the ashes. Investing startup Clove, a new venture from serial entrepreneur Christian Owens, has emerged from stealth after landing a bumper £10m funding round. The pre-seed round featured a host of prominent investors including [...]
Budget rumours spark a surge in client queries for financial advisers October 10, 2025 Independent financial advisers have seen a significant uptick in client enquiries in the run up to the Budget, as speculation over tax changes continues to plague Brits. According to analysis from wealth management firm, Rathbones,90 per cent of independent financial advisers (IFAs) have reported a spike in client enquiries as the November Budget inches closer. [...]
Brits’ retirement hopes wane as financial pressures grow October 7, 2025 Brits’ retirement dreams are moving further out of reach, as mounting financial pressures leave more people expecting to work for longer in order to live comfortably in their later years. According to the latest survey from pensions provider Standard Life, most UK adults predict they will now be working until they are 67, rising from 66 [...]
IPO woes: Can LED face masks and tinned tuna IPOs revitalise London? October 4, 2025 The City heaved a sigh of relief on Friday morning, as two companies ploughed ahead with their plans to list on the London market, signalling that an IPO drought that has long plagued the London bourse may soon come to an end. The Beauty Tech Group announced the successful pricing of its initial public offering [...]
Retail investors put increasing trust in AI to build their portfolio October 2, 2025 UK retail investors are putting increasing amounts of trust in AI tools to build their investment portfolio, believing it is able to make more informed decisions. According to the latest report from investment platform eToro, the number of investors using AI tools has increased by 45 per cent over the last year. Of the investors [...]
Wealth managers warn against kneejerk reactions to Budget speculation October 1, 2025 Investors are being urged not to make any kneejerk pension decisions which could lead to irreversible consequences, as the Budget rumour mill begins to stir up financial worries. Wealth manager Rathbones has warned that fears over pension tax changes have caused another surge of premature withdrawals of the 25 per cent tax free lump sum. [...]
Brits over £200 worse off as cost of living crisis continues September 30, 2025 Brits have found themselves over £200 worse off each month compared to last year, as they continue to suffer the consequences of the cost of living crisis. According to the latest report from specialist bank Shawbrook, the average UK adult is suffering a deficit of £224 each month. Nearly 40 per cent of people confirmed [...]
Budget: Tax hikes loom for Britain’s wealthiest September 25, 2025 Wealthy Brits are bracing themselves for a raft of tax rises in the looming Autumn Budget, prompting many to scramble to protect their wealth. According to the latest Saltus wealth index, nearly 80 per cent of high net work wealthy individuals (HNWIs) expect Labour to impose further tax rises in the next 12 months. While [...]
Graduates buckled by staggering amounts of student debt September 24, 2025 UK borrowers have become burdened with excessive amounts of student debt, as interest on loans continues to climb. According to a freedom of information request submitted to the Student Loans Company (SLC) by asset manager Royal London, at the end of June 150,453 people had loans of £100,000 or more. This was a 33 per [...]
Older Brits hesitate transferring wealth amid retirement cost fears September 23, 2025 Older Brits are hesitant to transfer money to younger family members, despite wanting to provide financial help, as worries over affording care in later life continues to plague savers. According to research from Octopus Money, 50 per cent of UK adults would like to give family members more money in their lifetime but hold back [...]