Revolut pumps £3bn into the UK financial services sector September 23, 2025 London-born fintech juggernaut Revolut has capped off a hefty week of investment for the UK financial services sector as the firm officially launched its global headquarters. The digital bank said it would pump £3bn into the UK and create 1,000 highly-skilled jobs over the next five years. The fresh injection of capital follows asset manager [...]
Economic and geopolitical tensions propels gold post Fed decision September 23, 2025 Gold will continue its meteoric rise following the Federal Reserve’s interest rate decision, a top analysts has said, as economic and geopolitical conditions keep investors opting for the safe haven asset. The precious metal hit $3,759 (£2,782.36) on Tuesday morning, as the asset surged after a slight wobble following the US central bank’s decision to [...]
Businesses face ‘unprecedented’ political risk ahead of Budget September 23, 2025 UK business leaders are battling an “unprecedented scale” of simmering global tensions which are set to impact profitability, according to a new survey. Concerns have spiked from the beginning of the year, a fresh survey from Beazley has concluded, with 85 per cent of UK business leaders saying political risk is affecting their profitability. This [...]
Oliver Bonas: ‘Growth hard to come by’ with Reeves’ tax hikes September 23, 2025 Oliver Bonas has warned the outlook for the UK economy is “not easy” and that “growth hard to come by” because of the tax rises introduced by Chancellor Rachel Reeves in her Autumn Budget last year. The retailer added that its pre-tax profit fell during 2024 because of rising costs while it pins its hopes [...]
UK economy stalls with 50,000 job losses ahead of Autumn Budget September 23, 2025 The UK economy was hit by a “litany of worrying news” in the three months to September with thousands of jobs lost ahead of Rachel Reeves’ second Autumn Budget. The latest ‘flash’ PMI from S&P Global showed business activity expectations for the year ahead slumped to a three-month low in September as firms braced for [...]
Rachel Reeves told to cut national insurance and raise income tax to gain £6bn September 23, 2025 Chancellor Rachel Reeves has been told to cut national insurance for workers by two per cent and raise income tax by the same amount, with economists at a left-leaning think tank claiming a £6bn gain in revenue could be made. The Resolution Foundation, once the workplace of Treasury ministers Torsten Bell and Dan Tomlinson, has [...]
Infrastructure could be rare success story for Labour September 23, 2025 The decision to allow a second runway at Gatwick is entirely sensible and most welcome. As the Chancellor said yesterday on her visit to the airport, the development “will mean that people going on holiday will have a greater choice of destinations [and] it will mean lower costs for a family holiday.” More importantly, she [...]
Brace for impact – the sorry state of the UK public finances September 23, 2025 Let’s be clear, staggering borrowing figures despite substantial tax rises are a direct result of excess spending, says Ewen Stewart When numbers become big they start to lose meaning. The latest public sector borrowing numbers published by the ONS are big. But let’s make no mistake, borrowing £18bn in one month has very great meaning. [...]
Exclusive: Investors cautiously bullish on Bitcoin September 23, 2025 Retail investors are becoming increasingly optimistic about cryptocurrencies, as volatile market conditions cause people to consider adding the asset to their portfolio. According to a survey of 2,537 retail investors from investment advice platform Finimize, nearly 70 per cent are more bullish on the opportunities offered from cryptocurrencies than equities over the next 12 months, [...]
Older Brits hesitate transferring wealth amid retirement cost fears September 23, 2025 Older Brits are hesitant to transfer money to younger family members, despite wanting to provide financial help, as worries over affording care in later life continues to plague savers. According to research from Octopus Money, 50 per cent of UK adults would like to give family members more money in their lifetime but hold back [...]