Legal battle over Labour’s inheritance tax reliefs set for March hearing February 27, 2026 The legal challenge to proposed changes to agricultural property relief (APR) and business property relief (BPR) has been listed for an urgent two-day hearing next month. The proposed changes to APR and the BPR represent one of the biggest shifts in UK IHT policy in decades, following the government’s initial increase of the threshold to [...]
‘Quiet revolution’ – Rathbones shares rise along with CEO’s ambition February 27, 2026 FTSE 250 company Rathbones saw its share price soar in early morning trading as it announced it was aspiring to become the “best wealth manager in the UK by far”. Shares rose 9.05 per cent to 2,410 pence, gaining 24.6 per cent this year to date. Profit before tax jumped 53.5 per cent to £152.9m, [...]
FTSE 100 Live: Pound hits two month low after byelection, Flutter shares tumble February 27, 2026 Good morning and welcome back to the City AM liveblog. We were treated to a whole host of corporate updates yesterday and investors in some of the City’s biggest blue-chips were handed plans for bumper returns. Aerospace giant Rolls-Royce revealed ambitions to dish out up to £9bn to shareholders through from 2026 to 2028. The [...]
Consumer confidence slips in latest setback for Labour February 27, 2026 Consumer confidence slipped slightly in February despite hopes of a turnaround, adding to fears the UK economy could slump this year. A closely-monitored survey conducted by the research firm GfK said consumer confidence dropped by three points to -19. The reading reflects dampened spirits among British consumers in what will likely worry Labour strategists keen [...]
Nearly 1m young Brits not in work as Reeves told to help youth February 26, 2026 The number of Neets, or young people not in education, employment or training, has increased to nearly 1m, official data has indicated, heightening fears over the long-term health of the UK economy. The Office for National Statistics (ONS) has suggested there were 957,000 people aged between 16 and 24 not working as of December in [...]
Vanquis boss defends scrapping dividend as bank swings to profit February 26, 2026 The boss of Vanquis Bank has said he makes no apologies for a “conservative” approach to capital distribution as he launched a staunch defence of the group’s decision to axe its dividend for the second consecutive year. Ian McLaughlin, who took the helm at Vanquis in August 2023, said the bank’s “number one priority” was [...]
Watch: Spotlight turns on Reeves – and the state of our economy February 26, 2026 We haven’t heard much from Rachel Reeves so far this year – probably a deliberate strategy – but is the Chancellor set to make waves next week at the Spring Statement? Rachel Reeves didn’t have a great 2025. UK quarterly GDP growth peaked in Q1 at 0.7 per cent as firms front-loaded their activity to [...]
VC boss Anu Adebajo: I was told to temper my ambition. I’m glad I didn’t listen February 26, 2026 We dig into the memory bank of the City's great and good. Today, Anu Adebajo, CEO of Newton Venture Program, takes us through her VC career.
Family visas plummet as Mahmood targets migrant dependants February 26, 2026 The number of family-related visas plummeted over 2025 as the government clamped down on dependants joining migrant workers and students. In fresh data published by the Home Office on Thursday, it was revealed that just 67,000 visas were offered to spouses, children and other dependants of migrants. It represented a sharp 22 per cent drop [...]
Jupiter Fund Management share price jumps as it rebounds February 26, 2026 Jupiter Fund Management saw its share price jump in early morning trading on Thursday as it generated the first net positive inflows since 2017, amid clients improving their investment performance. The asset manager’s share price rose 8.8 per cent 204.50 pence, gaining 28.6 per cent this year to date, as it continues to rebound from [...]