London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Burnham’s devolution drive could ‘push 90,000 jobs out of London’ Economics Roughly 90,000 of London’s white-collar jobs could be pushed into other parts of the country as Andy Burnham accelerates his devolution drive, a top recruitment firm has predicted. Legal, banking and accounting firms could be among those to shift thousands of jobs away from the capital in a bid to capitalise on the Prime Minister’s [...]
London IPO candidate Utmost sees inflows slide Investing A wealth soultions firm expected to IPO in London later this year has posted a fall in inflows as a boost generated by last year’s UK government tax shake up tailed off. Utmost, owned by private equity firms Oaktree Capital and Brookfield, recorded £4.4bn of inflows in the first half of the year, down from [...]
Aberdeen is back in the FTSE 100 but is Interactive Investor holding it up? Investing Five years ago former Aberdeen chief executive Stephen Bird made what would prove to be a disastrous choice when he chose to rebrand the investment manager abrdn. The decision was widely mocked across the Square Mile – including earning the odd jibe in these pages. Some have called Bird’s decision the beginning of his downfall [...]
Hargreaves Lansdown orders staff back to office August 9, 2026 The UK’s largest DIY investment site is ordering employees back to the office from the start of next year. Hargreaves Lansdown will order its staff into the workplace for three days a week, shortly after the firm moves into its new Bristol office. The wealth manager, which was acquired by buyout firms including CVC Capital [...]
IHT pension scramble shows ‘no sign of slowing down’, says Royal London boss August 5, 2026 The mass scramble among UK pension savers to avoid being pulled into the inheritance tax net shows “no sign of slowing down”, as the policy shakeup creeps closer. From April 2027, pensions will be included in the scope of inheritance tax (IHT), meaning unused funds and death benefits will count towards the value of a [...]
London’s IPO lull expected to last into 2027 August 3, 2026 London’s IPO market is expected to remain subdued for the rest of the year, as domestic and overseas political upheaval puts companies off listing. The UK’s stock market has had minimal IPO activity this year to date, seeing just seven new listings which raised a combined £557m. This ended the IPO surge seen at the [...]
Astrazeneca share price tumbles on $400bn megamerger talks August 3, 2026 Astrazeneca’s share price slumped sharply on Monday as investors baulked at a potential $400bn megamerger with US rival Bristol Myers Squibb. Shares in the UK drugmaker slid six per cent in early trading to 11,866p after the Financial Times reported it has been holding talks regarding a potential tie-up with the US group in recent [...]
Schroders profits surge as assets hit record £868bn July 30, 2026 Schroders said its profit nearly doubled in the first half of the year as assets under management hit a record high of £868bn. The FTSE 100 money manager, which is in the process of being acquired by US funds group Nuveen, said assets under management (AUM) jumped 12 per cent to £867.8bn, up from £776.6bn [...]
Tate & Lyle faces shareholder revolt over executive pay July 21, 2026 London Stock Exchange stalwart Tate & Lyle faces an investor revolt over its chief executive’s salary after failing to address shareholder concerns about its executive-level pay. The FTSE 250 ingredients firm could be overruled by its investors at its annual general meeting (AGM) on Wednesday after coming under pressure from a leading shareholder advisory firm. [...]
Aegon warns red tape is blocking pension investment spree July 16, 2026 Aegon has warned that regulation is holding back some of Britain’s top pension fund managers from pumping cash into the country’s start-ups and unlisted companies. The pension giant, which manages £160bn of assets in the UK alone, was one of 11 companies alongside Aviva and Legal & General to commit to investing five per cent [...]