RWS to acquire UK AI platform in £40m deal May 4, 2026 Global AI solutions company RWS Holdings has reached an agreement to acquire UK based AI company Obviously in a bumper £40m deal as it looks to pivot to become a “technology-first business”. AIM-listed RWS agreed to buy the AI platform for an initial cash offer of £16.5m, with an earn-out consideration of up to £23.5m, [...]
Sparking interest: Could utilities stocks power your portfolio? May 4, 2026 The FTSE 100 isn’t known as the flashiest of stock markets, lacking the might of the trillion-dollar tech stocks of the US or the glamorous luxury conglomerates of France. But what it lacks in shine, it makes up for in reliability, with the index reporting a 21.5 gain in 2025, its strongest calendar year performance [...]
‘Disappointing day’: Edinburgh Worldwide admits defeat to Saba Capital April 30, 2026 Edinburgh Worldwide Investment Trust had conceded defeat to Saba Capital, bringing its 17-month long battle with the US hedge fund to an end. In its annual general meeting (AGM) update released on Thursday morning, the investment trust admitted that it expects that there will be “insufficient votes” in favour of the resolutions relating to the [...]
Lazard to purchase Campbell Lutyens in bumper $575m deal April 30, 2026 Lazard has reached an agreement to buy private capital advisory group Campbell Lutyens in a $575m (£426.3m) deal in a bid to become a global powerhouse in one of the most important areas of Wall Street dealmaking. The 178-year-old investment bank’s existing private capital advisory team and London-based Campbell Lutyens will merge to create a [...]
St James’s Place shares slide as Iran war damages inflows April 29, 2026 St James’s Place saw a sharp decline in its share price during early morning trading on Wednesday, as Iran war volatility damaged inflows and funds under management. The FTSE 100 wealth manager saw shares tumble 5.2 per cent to 1,187p, with shares down 14.8 per cent this year to date. The group reported a 9.4 [...]
Geopolitical risks upend gold’s glittering demand dynamics April 29, 2026 Gold’s glittering run has upended demand dynamics, as rising prices amid the Iran war led investors to plough into a diversified range of assets. Total gold demand in the first financial quarter hit 1,231 tonnes, a modest two per cent year on year increase from 2025. But the humble increase coupled with gold’s staggering price [...]
Global infrastructure spending to surpass $150 trillion by 2050 April 28, 2026 Global infrastructure spending is projected to surpass $150 trillion through 2050, as countries look to modernise systems to meet growing AI and electrification demands. Annual global infrastructure spending is forecast to climb from $4.4 trillion (£3.2 trillion) in 2024 to $6.9 trillion in 2050, ultimately driving investment of $151.1 trillion, according to the latest findings [...]
Not everyone in the City is friends with Savvy the Squirrel April 27, 2026 Last week the government rolled out its industry-backed nationwide campaign to encourage more Brits to enter the stock market in a bid to revitalise the stock exchange. The ‘Invest for the Future’ campaign has employed Savvy the Squirrel to carry the message across the UK, in reminiscence of the Tell Sid adverts in 1986, with [...]
AJ Bell inflows surge after record customer growth April 23, 2026 One of the UK’s largest investment platforms recorded a surge in net inflows in its latest trading update after attracting an influx of new customers. AJ Bell reported a 42 per cent rise in net inflows during the second quarter of the financial year, jumping from £1.9bn in 2025 to £2.7bn. Gross inflows also hiked [...]
Aberdeen leans on Interactive Investor as assets under management plunge April 22, 2026 Asset manager Aberdeen reported a drop in assets under management and advice in the first financial quarter, after the performance of Interactive Investor failed to combat outflows and market volatility. Assets under management and advice (AUMA) slipped from £556bn to £547.7bn, amid weaker markets, the disposal of its financial planning business and net outflows of [...]