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Rachel Reeves

  • Record number of women appointed to FTSE 350 boards

    February 24, 2026

    The UK has seen a “transformational” shift in gender diversity, with women now holding 43 per cent of board roles across FTSE 350 companies, a leap from just 9.5 per cent in 2011. ​The FTSE Women Leaders Review, a government-backed initiative sponsored by KPMG UK and Lloyds Banking Group, revealed that 92 per cent of [...]

  • FTSE 100 Live: Stocks take a dip amid tariff turmoil; Oil price soars

    February 24, 2026

    Good morning and welcome back to the City AM liveblog. The good old safety net of London’s blue-chip index strikes again. The week kicked off with more tariff drama after Saturday’s announcement from President Donald Trump of a sweeping 15 per cent levy across the US’ trading partners. As cool heads prevailed in government – [...]

  • Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown

    February 24, 2026

    In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]

  • Ask the expert: How should I invest if I’m worried about an AI bubble?

    February 24, 2026

    Fidelity personal finance specialist Marianna Hunt is back on hand to answer your burning questions. This week Marianna helps a reader who is fearful of a potential tech-fuelled stock market crash. Q:I’ve built up reasonable savings in my ISA, workplace pension and SIPP. Most of my investments are in global index funds, so I’m heavily [...]

  • Reform vow to create new ‘wealth fund’ using pension schemes 

    February 23, 2026

    Reform UK has pledged to create a new “British Sovereign Wealth Fund” using local government pension schemes as part of Richard Tice’s first policy package as the party’s spokesman for business, trade and energy.  Reform has vowed to wrap various arms of government, including housing and energy, into one office that focuses on growth, job [...]

  • Police arrest Lord Mandelson

    February 23, 2026

    Peter Mandelson has been arrested on suspicion of misconduct in public office, weeks after the police launched an investigation into the former Labour peer over his relations with Jeffrey Epstein. The Met police said in a statement they had arrested a 72-year-old man in Camden. Mandelson was pictured being taken out of his house. A [...]

  • Tories pledge to cut ‘eyewatering’ interest on some student loans

    February 22, 2026

    The Conservative party has pledged to slash some of the interest paid on student loans issued up until 2023 amid growing opposition around the crippling amount of student debt. Tory leader Kemi Badenoch said the Plan 2 loans system – which around 5.8 million took out loans under between 2012 and 2023 – “increasingly feels [...]

  • Thousands of entrepreneurs quit the UK in the past two years, says wealth manager

    February 21, 2026

    Nearly 6,000 owners of high-growth businesses left the UK over the past two years, following changes to the UK’s tax regime and growing concerns over economic competitiveness. According to research from wealth manager Rathbones, who analysed Companies House filings from between January 2024 and 2026, of the business owners who have left the UK, the [...]

  • Brewdog co-founder to plough millons into rescue bid for the struggling brewer

    February 21, 2026

    James Watt, the co-founder and former boss of Brewdog is to plough £10m of his own money into the company in a rescue bid for the craft brewer. According to reports from Sky News, Watt, who stepped down as Brewdog’s chief executive in 2024, is assembling financial backing from external investors for the group. Insiders [...]

  • Minimum wage is lowering standards of living, argues Wetherspoons boss

    February 21, 2026

    The founder and chairman of budget pub chain JD Wetherspoon has warned that minimum wage is making lowering people’s living standards by limiting companies’ ability to increase pay and hire. Sir Tim Martin argued that rather than serve as a safety net to protect workers, minimum wage is now doing more harm than good, following [...]

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