Households feeling poorer despite wealth jump March 7, 2025 Six in ten UK households do not feel financially comfortable despite their wealth having risen by an average of 12 per cent in the last year thanks to better savings rates and good investment performance. According to a fresh study looking at wealth across Britain, the mean household has seen its assets – spanning savings, [...]
Nine in ten six-figure earners say they are not wealthy February 26, 2025 An annual income of £213,000 has been declared the benchmark for ‘wealth‘ according to new research from HSBC. HSBC UK’s new report ‘Your Money’s Worth: Defining Wealth in 2025’ revealed nine in 10 high earners do not consider themselves wealthy, with only one per cent of the population identifying as so. The top four per [...]
Five simple ways to improve your personal finances in 2025 February 5, 2025 City AM has partnered with City Pay it Forward, a grassroots organisation, seeking to make a positive impact in our community, to provide five important but simple tips to improve your personal finances.
Barclays customers ‘unable to make payments’ as bank outage continues February 1, 2025 A major IT glitch is still affecting Barclays customers, with some locked out of their accounts throughout the night and almost 24 hours on from the bank’s initial outage. The bank has apologised to customers, saying they are facing “ongoing technical issues that are impacting our customers’ accounts”. They warned some people may see an [...]
Show me my money! Four ways to get your finances in order before the new tax year January 30, 2025 The financial landscape is vast, and navigating it can be a headache, especially with a lot of change. However, with inflation still eating into savings, and a bigger tax burden on individuals looming for 2025, protecting your money and making sure it is working hard enough for you has gone from a nice-to-have, to a [...]
De La Rue: Banknote printer agrees to £300m breakup October 15, 2024 Bank of England banknote printer De La Rue has agreed to sell an arm of its business to an American firm for £300m. The London-listed company announced this morning that it had entered into a definitive agreement for the sale of the group’s authentication arm to Crane NXT, a New York-listed industrial technology company. When [...]
The Notebook: How I (almost) managed to get the 1p coin scrapped September 2, 2024 Former Treasury comms chief James Chapman reminisces on the time he (almost) managed to scrap the penny - and why we should persist now.
Holy shirt! England fans face £4,000 fines for wearing fake jerseys at Euros June 13, 2024 England and Scotland fans could be fined £4,000 if they wear a counterfeit football jersey at the Euros this summer. German laws on trademarks mean police can do spot checks on tourists and slap fans with fines of up to £4,000 for knock-off kits. It means Brits abroad will need to be vigilant and stay [...]
De La Rue shares jump as orders grow and group edges closer to sale May 30, 2024 The firm responsible for printing UK's money is edging closer to a sale of some or all of its business and has delayed reporting its full year results to July in the hope that by then it will have found a buyer.
Tony’s Chocolonely boss on why purpose-led innovation could be the future for UK business May 14, 2024 Is it time for the world's money-driven mindset to change? Tony's Chocolonely boss seems to think so.