Retirement option to be scrapped in overhaul of Lifetime ISA Personal Finance The government is set to scrap the option to save for retirement in its replacement for the Lifetime ISA. The new savings product will only be available for first time buyers and will no longer pay the government’s 25 per cent bonus on a monthly basis, as part of the Treasury’s bid to simplify the [...]
Optimism picking up after ‘disruptive’ Budget, says Paragon chief Banking Optimism in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025. Nigel Terrington, the boss of Paragon bank, told City AM that despite it being the early days of 2026, the mood was beginning [...]
UK retail sales see modest Christmas rise following Budget Retail UK retail sales inched up slightly in December, as consumers returned to the high street for Christmas shopping after the Autumn Budget, but failed to halt an overall fall in purchases during the final quarter. Retail sales volumes are estimated to have increased by 0.4 per cent in December, following falls of 0.1 per cent [...]
Whitbread offloads £89m worth of Premier Inns to Londonmetric January 13, 2026 Hospitality giant Whitbread has offloaded a number of its Premier Inn hotels to property group Londonmetric for £89m as it looks to boost profits. The group sold nine South Eastern hotels to the group, ranging from Southampton Airport to Warwick, as part of its plan to reuse £250m-£300m of property proceeds for growth opportunities, including [...]
HENRYs set for further Budget blow as more dragged into £100K tax trap January 13, 2026 Thousands more UK workers are set to be pulled into the £100,000 tax trap as high earners brace for a further financial squeeze. The number of Brits earning six-figure salaries is set to surpass two million for the first time according to estimates from HMRC obtained by Rathbones, leaving more high earners to face the [...]
House prices expected to rise in 2026 after December dip January 8, 2026 UK house prices slipped slightly in December, as affordability issues and the fallout from the Autumn Budget dampened buyer appetite, but industry figures expect the market to pick up in 2026. House prices fell 0.6 per cent in the final month of 2025, bringing prices down by a further £1,789, following a 0.1 per cent [...]
British investors fled the stock market at a record rate in 2025 January 7, 2026 British investors pulled out of the stock market at a record pace last year, as Budget uncertainty sparked a flight to safe haven assets. Equity fund outflows hit £6.7bn in 2025, twice the rate suffered in 2016, the year of the Brexit referendum, where outflows reached £3.3bn, according to global funds network Calastone. December marked [...]
Fiscal drag to push thousands of families into child benefit tax charge January 6, 2026 The Chancellor’s decision to freeze tax thresholds will leave thousands of families forced to pay High Income Child Benefit Charge, eroding the value of government support. According to official HMRC forecasts, uncovered in a freedom of information request by Quilter, fiscal drag will force 35,000 more families into paying the charge, jumping from 324,000 in [...]
Majority of Brits think economy is getting worse December 30, 2025 A majority of Brits think the economy is getting worse, with sentiment souring significantly amid rising prices and weak growth. Nearly six in ten Brits believe the UK economy is on a downward spiral, a major jump from 43 per cent at the beginning of the year, marking a significant blow to Chancellor Rachel Reeves [...]
UK firms eye AI spending in 2026, but skills gap threatens rollout December 30, 2025 A third of British businesses plan to invest in AI in 2026, yet new data suggests the bigger challenge may be readying staff for the technology, rather than rolling it out at speed. Research from Lloyds Bank’s recent business barometer revealed that 33 per cent of firms intend to invest in AI tools next year, [...]