Budget 2026: Tax raid on landlords ‘final nail in the coffin’ for rental sector Property John Healey’s decision to hike tax on rental income is set to push up rents and deter new landlords from entering the sector, Britain’s fiscal watchdog has said. In his maiden Budget today, the Chancellor said that tax on property income will rise by a further two per cent, following the two per cent hike [...]
Pension reform means Brits don’t have to wait for billionaires to give them shares Opinion American children may be being given SpaceX shares, but UK pension reforms means Brits can access superstar companies through their savings.
UK banks brace for sour loan spike as household savings run dry Banking UK banks are bracing for a potential surge in unpaid debts as cash reserves at UK households plummet to their lowest levels in three years. The country’s top lenders are expected to provision a combined £4bn for loan-losses in 2027, according to an analyst consensus, but this risks coming up short as households are squeezed [...]
Sky-high school fees force parents to dig into pensions and savings September 1, 2026 Spiralling education costs after the government’s school fees crackdown are forcing a record number of parents to dip into their pensions and savings to keep their children at private school. According to a fresh Rathbones study, parents face a “double squeeze” having to fund higher private education fees at the expense of their own long-term [...]
15m workers not ‘sufficiently’ saving for retirement, says top pensions chief May 27, 2026 Tens of millions of working people will face a crisis in retirement with the current automatic salary contribution “no longer sufficient,” the boss of one of the UK’s largest pension providers has warned. Around 15 million people are set to suffer in retirement as workers use their automatic eight per cent auto-enrolment pension contribution as [...]
Vulnerable bank customers could face ‘higher barriers’ to redress in Treasury overhaul May 26, 2026 Warnings are being raised over a planned Treasury shake-up of financial services rules after an impact assessment revealed vulnerable customers could be excluded from receiving compensation when wronged. The government unveiled its Enhancing Financial Services Bill at the King’s Speech, which paved the way for reform to consumer redress protections through changes in the Consumer Credit [...]
Flagstone boss: Labour tax changes the biggest driver of savers choosing cash over stocks and shares April 16, 2026 Britain’s unpredictable tax landscape means households are choosing to build up war chests of cash over other assets like stocks and bonds, the boss of Britain’s largest savings platform has said in a blow to government efforts to boost retail investing. Flagstone chief executive Arman Tahmassebi said his clients were adding to their cash savings [...]
Standard Life snaps up Aegon UK for £2bn to create savings giant April 15, 2026 Standard Life has snapped up the UK’s largest investment platform Aegon UK in a £2bn deal. The FTSE 100 giant – previously known as Phoenix Group – said the deal would create the UK’s top retirement savings and income business with near 16m customers and £480bn in assets under administration. Standard Life expects an annual [...]
Clearbank deposits balloon amid growth at Revolut and Coinbase April 15, 2026 The banking backbone behind the likes of Revolut and Coinbase has recorded a surge in deposits and revenue as client activity hit record levels Clearbank, which launched in 2017 to provide banking infrastructure and embedded services to challengers, posted a 65 per cent jump in deposits in 2025, reaching £17.8bn. The growth came as the [...]
Monzo and Revolut take banking battle to the playground April 1, 2026 Banks are turning their attention to the younger generation and in this week’s column Samuel Norman takes a look at the money to be made with Gen Alpha. The Tooth Fairy is losing her magic touch. After centuries of cultural dominance in the under-the-pillow money market, the primary dealer of calcium-for-cash faces a hostile takeover. [...]