Brits swindled out of thousands by unregulated online financial advice October 29, 2025 People have lost thousands of pounds after acting on advice from online unverified sources, despite industry figures warning that their guidance can be misleading or incorrect. Over 40 per cent of Brits admitted to taking advice from online sources, including ‘finfluencers’ and chatbots, without first verifying its legitimacy, according to the latest data from fintech [...]
Why are asset managers turning away from the US? October 28, 2025 Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw a significant bounce back in recent months, shaking off the lows that followed Trump’s tariff announcement in April, with investors not yet losing their appetite [...]
Wealthy Brits are failing to notice that they will be hit by IHT changes October 28, 2025 Many high net worth Brits are unaware that their pensions will soon be liable for inheritance tax, leaving families exposed to significantly higher levels of tax. Nearly 20 per cent of high net worth individuals (HNW) aged 55 and over reported having no knowledge that their unused private pension pot will fall under the scope [...]
St James’s Place continues on its path to redemption October 23, 2025 The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]
The ‘confidence gap’ is discouraging women from investing October 23, 2025 The UK financial services’ sectors fixation with the ‘confidence gap’ is actively turning women away from investing, a trading platform has warned. An analysis by Etoro of more than 80 UK reports on women investing by the financial services industry, found a repeated belief that the gender investment gap was caused by a lack of [...]
Waymo founder: ‘I never envisioned a London rollout’ October 22, 2025 As Waymo prepares for its UK launch, founder Sebastian Thrun admitted he “never envisioned” London being home to autonomous cars. The driverless taxis have taken the US by storm, and the company will soon enter Europe, hitting the streets of the capital before the end of the year. The company, owned by Google parent Alphabet, [...]
Reeves’ tax grab could ‘wipe £4bn out of the stock market’ October 22, 2025 One of the UK’s leading trading platforms has warned Chancellor Rachel Reeves that raising retail investor taxes could wipe billions off the stock market, undermining government attempts to boost domestic investing and strengthen the London market. According to research from trading platform IG, a two percentage point increase in both dividend and capital gains tax [...]
Lifetime ISA hands £1bn boost to Treasury coffers amid debate over purpose October 21, 2025 The Lifetime ISA has provided the Treasury with a significant fiscal boost each year since 2021, despite the government continuing to question whether it is ultimately fit for purpose. According to research from CBI Economics, commissioned by Moneybox, the Lifetime ISA (LISA) has delivered a net boost of £1bn to date for the government since [...]
Spike in employer pension contributions could throw UK businesses into insolvency October 21, 2025 Rumours over potential spikes to employer pension contributions in the upcoming Budget has thrown UK companies into a frenzy, with some admitting it could put them at risk of insolvency. According to research from consultancy Barnett Waddingham, nearly 20 per cent of businesses fear they could become insolvent if an increase to employer pension contributions [...]
Plus500 boss: Scrapping shares tax would boost market efficiency October 20, 2025 Scrapping stamp duty on shares would help improve market efficiency and bolster the health of London’s capital markets, the boss of Plus500 has said after a jump in customers’ deposit sizes helped the trading platform beat analyst expectations. David Zruia told City AM that trading volumes would invariably go up if the Chancellor heeded growing [...]