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Wealth

  • Rolex is London’s most stolen luxury watch, but few recovered by Met Police

    October 21, 2025

    Over 5,000 luxury watches have been stolen in London over the last three years, but barely one in 88 of these watches has been recovered by the Metropolitan Police. According to a Freedom of Information request seen by City AM, there have been 5,180 high-value watches, worth £3,000 or more, stolen between January 2022 and [...]

  • Reeves ‘flying blind’ on non-doms as ultra-rich couple move to Milan

    October 21, 2025

    Rachel Reeves will go into next month’s budget “flying blind” over the number of non-doms that have left the UK, a new report has warned on the day that a high-profile couple relocated to Milan in response to the Chancellor’s crackdown last autumn. The study, which was compiled by former Treasury economist Chris Walker, found [...]

  • Mind the Split: London is the best city to be a divorce lawyer

    October 14, 2025

    London’s reputation as the divorce capital of the world looks set to grow after a recent court ruling paved the way for more foreign cases to be heard in the city. Litigation-focused law firm Stewarts has expanded its high-net-worth practice to meet rising demand for complex, high-value divorce work. High-profile, high-net-worth divorces collect media headlines [...]

  • Average Brit would need lifetime of earnings to become wealthy

    October 8, 2025

    The average British worker would need to save more than a lifetime’s worth of earnings to become wealthy, fresh analysis has revealed. The ever-widening wealth gap means it would take £1.3m – around 52 years’ worth of average earnings – to jump from the middle to the top of wealth distribution. This is over a [...]

  • Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk 

    October 7, 2025

    Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE 100 giant exited the area in 2013 as part of a simplification drive after the financial crisis, with the reduction of its stake in St [...]

  • Lloyds looks to take control of Schroders wealth tie-up

    October 2, 2025

    Lloyds Banking Group is looking to ditch its wealth tie-up with Schroders and take control of the six-year old unit. The FTSE 100 titan is poised to buy out Schroders’ 49.9 per cent stake in Schroders Personal Wealth (SPW). The transaction would hand full control over to Lloyds as the bank sets out to expand [...]

  • Mattioli Woods: Wealth manager’s profit jumps after quitting London

    September 30, 2025

    Profit at wealth and asset management business Mattioli Woods has jumped in the year after quitting the London Stock Exchange. The Leicester-headquartered business has reported a pre-tax profit of £14.2m for the 12 months to 31 May, 2025, new accounts filed with Companies House have revealed. The total is up significantly from the £1m it [...]

  • Brits earning over £100k worry more about money

    September 29, 2025

    Six figure earners are more likely to worry about money than those on the average UK salary, according to fresh research. Eight in ten Brits who earn over £100,000 are worried about their finanical health, new research from fintech juggernaut Revolut has revealed. This came ahead of those on the national average between £35,001–£45,000 where [...]

  • HSBC UK beefs up wealth arm with ‘generational’ bet

    September 26, 2025

    HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told City AM, in partnership with the London Business School. The bank’s [...]

  • “Smart money” is doubling down on private equity – but are private investors missing out?

    September 3, 2025

    Public pension plans, sovereign wealth funds and family offices keep bulking up their investments in private equity and private markets. Now, at last, private investors can get in. In July, the largest US public pension fund CalPERS (California Public Employees’ Retirement System) announced its best set of results in four years. It also bulked up [...]

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