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economics

  • Revolut pumps £3bn into the UK financial services sector

    September 23, 2025

    London-born fintech juggernaut Revolut has capped off a hefty week of investment for the UK financial services sector as the firm officially launched its global headquarters. The digital bank said it would pump £3bn into the UK and create 1,000 highly-skilled jobs over the next five years. The fresh injection of capital follows asset manager [...]

  • Economic and geopolitical tensions propels gold post Fed decision

    September 23, 2025

    Gold will continue its meteoric rise following the Federal Reserve’s interest rate decision, a top analysts has said, as economic and geopolitical conditions keep investors opting for the safe haven asset. The precious metal hit $3,759 (£2,782.36) on Tuesday morning, as the asset surged after a slight wobble following the US central bank’s decision to [...]

  • 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 [...]

  • Savers stick to cash amid fears over investment risks

    September 18, 2025

    Fears over falling stock prices are prompting UK savers to avoid investing, new research has found, with Brits preferring to park their earnings in cash. According to online trading platform IG, three in five savers believe any form of retail investing is too risky, despite government and industry figures’ encouragement  to increase their exposure to [...]

  • ‘Exhausting’ house buying process damaging the economy, says Santander

    September 17, 2025

    The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]

  • State pension boost raises questions on tax and triple lock future

    September 16, 2025

    While pensioners may be cheering a proposed 4.7 per cent rise in the state pension, there are lingering questions over the sustainability of such increases and the viability of the triple lock itself. The proposed uplift means that payments to retirees are on track to rise by more than £560, bringing the new full state [...]

  • High living costs threaten Gen Z and Millennials’ pensions

    September 15, 2025

    Younger generations are struggling to afford adding money to their pension pot, forcing many to be at risk of retirement poverty, new research has found. According to a survey from fintech start-up Chest, two in five 18-34 year olds are failing to top up their pension pot as they face the challenge of spending more [...]

  • Labour using ‘sticking plasters’ and failing to attract foreign investment

    September 11, 2025

    The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]

  • Private capital firms eye increasing investment in attractive UK market

    September 10, 2025

    Private capital firms view the UK as an increasingly attractive destination for investment as the Chancellor pledges to assist firms in raising capital. According to new research from the British Private Equity and Venture Capital Association (BVCA), four in 10 private capital investors view the UK as a good location to invest and build a [...]

  • Millennials and Gen Z cling to property dream as house prices soar

    September 8, 2025

    Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]

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