The cheapest Self-Invested Personal Pension (SIPP) providers May 30, 2025 High earners are increasingly contributing £60,000 and above to their Hargreaves Lansdown Self-Invested Personal Pension (SIPP), new data shows. The number of people making contributions of exactly £60,000 – the full allowance – was up 12 per cent in the last tax year. The number of people making SIPP contributions over the annual allowance was [...]
Gen Z investors reliant on LinkedIn and TikTok finfluencers for advice May 28, 2025 Gen Z has led the charge in a growing trend of using social media for investment advice, according to new data from Charles Schwab. Over 70 per cent of Gen Z use social media and financial influencers – dubbed finfluencers – when making investment decisions, the data suggests. LinkedIn was valued as the top social [...]
London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Impax’s takings slump after global retreat on sustainability May 22, 2025 Impax Asset Management recorded a slump in revenue in the first half of the year as a global retreat on green policies turned clients away from its sustainability offering. The firm cited a “challenging first half of financial year” with assets under management falling to £25.3bn. This was down from £37.2bn at the end of [...]
London Broncos will tap Australian rugby league investment, but not NRL May 21, 2025 The former Leeds Rhinos CEO behind a revival of the London Broncos rugby league team says the club will tap into Australian investment – but ruled out selling a stake to the NRL. Gary Hetherington unveiled a masterplan for the future of London Broncos, who are now in the second tier and facing financial uncertainty, [...]
Draper calls on government to invest in tennis and padel May 20, 2025 British No1 Jack Draper is among a number of tennis stars who have called on the Prime Minister Sir Keir Starmer to invest in court facilities. Draper joins the likes of Katie Boulter and Alfie Hewett in expressing concern over potential cuts of funding to tennis facilities, while demanding funds for “high quality community sports [...]
Thousands of university spinouts at risk over poor levels of support, experts warn May 19, 2025 The UK could be missing out on thousands of cutting-edge spinout companies amid a dearth in funding and a shortage in support for founders, experts have warned. In October, the government committed as much as £40m to support spinouts over a five-year period in a bid to bridge the so-called “valley of death” between academic [...]
Visa for the ‘super rich’ won’t bring back non-doms, MPs say May 19, 2025 The government has floated a new “investor visa” in an attempt to stop the flight of millionaires from the UK, with plans in the early stages of development. The visa would reward those who invest heavily into the UK – particularly in strategically important areas such as AI and clean energy – with a route [...]
Interactive Investor creates hundreds of jobs as trading booms May 14, 2025 Interactive Investor created almost 200 jobs as its profit increased to almost £90m last year, it has been revealed. The Manchester-headquartered company has posted a pre-tax profit of £89.7m for 2024, up from the £84.2m it achieved in 2023. New accounts filed with Companies House also show that its headcount rose from 726 to 919 [...]
Entain: US investment giants hit Ladbrokes owner with lawsuit May 13, 2025 Gambling giant Entain has been hit with new legal action by a number of investment trusts