CBI boss calls for Rachel Reeves to break Labour’s tax pledge September 10, 2025 The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]
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 [...]
Top Tory slams Anglo American’s move to relocate HQ to Canada September 9, 2025 Anglo American will merge with Canada’s Teck Resources in a $50bn (£36bn) deal, shifting its headquarters to Canada and reducing its London presence in a move criticised by shadow business secretary Andrew Griffith. The Tory MP said it represents a blow to UK business and confidence in London. The new entity, to be called Anglo [...]
University students lack basic financial knowledge, research finds September 9, 2025 Incoming university students lack basic understanding and knowledge of personal finance, leaving them at risk of running out of money, new research has found. Nearly 50 per cent of young adults felt stressed about their financial situation ahead of starting Higher Education, while four in ten didn’t feel at all prepared financially, according to retail [...]
UK infrastructure funding set to break record highs September 8, 2025 UK infrastructure financing deals are on track to reach a record high this year as investors compete to secure assets while the government signs off on a number of major new projects. According to analysis from data provider Infralogic, roughly $38bn (£28.13bn) of debt was issued in the first eight months of this year on [...]
Hargreaves Lansdown and Schroders agree investment tie-up September 8, 2025 Hargreaves Lansdown and Schroders Capital have sealed a tie-up to open up private assets opportunities to thousands more investors. The partnership will offer access to private investments, known as long-term asset funds (LTAFs), to Hargreaves Lansdown’s customers via self-invested personal pensions (SIPPs). The new style pensions will allow retail investors to invest in private assets [...]
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 [...]
London hiring slumps as employers suffer from rising costs September 8, 2025 London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs. The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further. Permanent staff places, hires with no fixed [...]
Private equity deals bounce back after sluggish start to the year September 5, 2025 UK private equity deals bounced back in the later stage of the first half of 2025, as investors became increasingly optimistic about growth opportunities. The total deal value for UK private equity deals dropped 5.3 per cent to £55.7bn, broadly mirroring the rest of Europe, according to new analysis from financial data platform PitchBook. However, [...]
Savers race to withdraw pension lump sums over tax concerns September 5, 2025 UK pension savers rushed to withdraw their tax free cash over the past financial year, as they braced themselves for possible changes to tax rules on retirement funds. The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent in the 2024/25 financial year to £18.1bn, up from £11.25bn the [...]