Government urged to ditch ‘shares tax’ for retail investors Investing The government must use its Spring Statement to cut the stamp duty on shares paid by retail investors to help foster a British investment culture and boost financial inclusion, Hargreaves Lansdown has said. In an impassioned plea, the investment platform argued cutting the tax, which is applied on the purchase of all UK shares, would [...]
The cheapest Self-Invested Personal Pension (SIPP) providers Personal Finance Aberdeen’s interactive investor* has topped a ranking of Self-Invested Personal Pension (SIPP) providers in the UK. According to Kepler Trust Intelligence, interactive investor* substantially undercuts its competition in terms of fees and was awarded “best all-rounder”. For a portfolio value of £250,000, an interactive investor customer would pay £204 in fees. In comparison, an investor [...]
Galentine’s craze spotlights an unmined market: Singles wanting fun Opinion Hospitality's embrace of Galentine's shows welcome goodwill towards financially punished singles, writes Susannah Streeter.
The stocks and shares ISA millionaires are buying January 27, 2025 Legal & General is the most-held stock among all ISA millionaires using DIY investing service Hargreaves Lansdown, with fellow insurers Phoenix and Aviva joining the firm for the most popular shares. Funds run by Legal & General also make up half of the top funds invested in by the 1,322 ISA millionaires using Hargreaves Lansdown, [...]
Burberry’s share price soars out trenches but analysts won’t upgrade yet January 24, 2025 Investors breathed a sigh of relief this morning after Burberry’s first set of results after implementing its turnaround plan showed it was heading in the right direction. Burberry’s share price rose more than 13 per cent in early trades. In the past six months the share price has risen more than 71 per cent – [...]
London commuter towns named ‘financial resilience capitals’ of the UK January 22, 2025 From pension plans to retirement savings, new data has revealed the 'financial resilience capitals' of the UK.
Hargreaves Lansdown founder: Labour has ‘worst cabinet of all time’ January 16, 2025 The billionaire founder of Hargreaves Lansdown has said that the current Labour administration has the worst cabinet of all time and will “wreck the economy” over the course of a full term. Peter Hargreaves, who set up the investment platform Hargreaves Lansdown from his bedroom in 1986, slammed the Labour government’s first six months in [...]
Freetrade: IG Group swoops for trading app January 16, 2025 IG Group has acquired stock trading app Freetrade for £160m, as the FTSE 250 firm looks to target a new UK audience of traders. The trading platform, along with its 720,000 customers and £2.5bn in assets, will move to IG Group in mid-2025, subject to regulatory approval, the firm said in a stock exchange notice [...]
Typhoo Tea takeover: New owner brews cost-cutting turnaround after rescue deal December 2, 2024 With the immediate future of Typhoo Tea secured after it was rescued out of administration, attention is now turning to what could next be on the cards for the historic brand. City AM exclusively revealed late on Sunday that the troubled tea maker is to be taken over by a vapes, batteries and vitamins seller [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.