Trading 212: UK revenue spikes as profit passes £50m Investing Revenue at the UK arm of Trading 212 spiked last year as profit surged past the £50m mark, it has been revealed. New accounts filed with Companies House show the division achieved a revenue of £161.7m during 2024, up from the £104.1m it posted in the prior 12 months. Trading 212’s UK pre-tax profit also [...]
The cheapest Stocks and Shares ISA providers Investing According to Kepler Trust Intelligence, AJ Bell is the best 'all-rounder' ISA provider, even though competitor Trading 212 took the label of the cheapest provider.
Exclusive: Investment platforms flouting tax rules on ISA stocks Investing Almost all UK investment platforms have been breaking HMRC rules by allowing stocks ineligible for tax relief to be put in ISAs, a City AM investigation has revealed. AJ Bell, Fidelity, Interactive Investor and many others have been allowing stocks that should not get tax-free status to be added to ISA portfolios, meaning capital gains [...]
Savers get three-month warning over £50bn in maturing ISAs January 30, 2025 Savers are being urged to act as a huge £53.9bn in cash ISAs will mature by April, according to Paragon Bank. Paragon said that £36.4bn of that was held in one-year, fixed-term deals, which are almost certainly paying better rates than savers can get today. Derek Sprawling, savings managing director at Paragon Bank, said: “Over [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.
Trading 212 continues come down after ‘exponential growth’ October 8, 2024 Profit at Trading 212 continued to decline in 2023 after the investing platform’s “exponential growth” in previous years, it has been revealed. The London-based company has reported a pre-tax profit of £32m for its latest financial year, down from the £40.5m it achieved in 2022. The latest total comes after Trading 212 posted a pre-tax [...]