LadBible founder rakes in over £40m as shares rise September 29, 2025 The chief executive and co-founder of LadBible has raked in more than £40m through his investment vehicle which is a major shareholder in the online publisher. Alexander “Solly” Solomou set up the Manchester-based company in 2012 alongside Arian Kalantari. The group floated on the London Stock Exchange’s AIM at the end of 2021 while its [...]
Brits earning over £100k worry more about money September 29, 2025 Six figure earners are more likely to worry about money than those on the average UK salary, according to fresh research. Eight in ten Brits who earn over £100,000 are worried about their finanical health, new research from fintech juggernaut Revolut has revealed. This came ahead of those on the national average between £35,001–£45,000 where [...]
HSBC UK beefs up wealth arm with ‘generational’ bet September 26, 2025 HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told City AM, in partnership with the London Business School. The bank’s [...]
Without the right tax framework, UK will drive wealth creators away September 22, 2025 Lord Mayor Alastair King will welcome leading family offices to Mansion House this week to explore how Britain can channel its £3.9 trillion in investment assets into scaling businesses, upgrading infrastructure, and keeping the UK globally competitive. Later this week, I will welcome leading family offices from across the globe to the first ever Global Family [...]
Moneybox’s wealth focus helps treble inflows to record high August 21, 2025 Moneybox secured its second consecutive year of profitability in 2024 after swathes of new customers poured billions into the firm. The investment platform‘s net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent. Assets under management also more than doubled to £11.7bn as the fintech’s [...]
Aviva’s profit soars ahead of merger with Direct Line August 14, 2025 Aviva posted a profit jump for the first half of the year after strong growth across its wealth and insurance divisions. The company’s operating profit climbed 22 per cent to just north of £1bn – topping the £875m netted in the first half of 2024. This comes after Aviva completed its £3.7bn takeover of rival [...]
Rich parents fear children will squander inheritance August 6, 2025 An increasing number of high-net-worth parents are worried that leaving too much money to their children will be a “curse on their lives” and are turning to charity donations to avoid handing large sums down the generations. According to a fresh poll, three quarters of parents with a net worth of £3m or more believe [...]
Generational wealth gap fuels spike in family feuds over wills August 5, 2025 Feuds over family inheritance are on the rise as the number of applications lodged to challenge probates has reached an all-time high in the final quarter of 2024
Reeves’ non-dom crackdown is unwittingly driving rich Brits away too August 4, 2025 The hordes of wealthy foreigners leaving Britain to escape the government’s non-dom crackdown are being joined by high-net-worth Brits capitalising on an arcane element of the policy that has made it easier for them to avoid paying inheritance tax (IHT). Several wealth advisers and tax lawyers have reported a “second wave of interest” from middle-aged [...]
Brain drain latest: Number of Brits choosing to move abroad doubles August 1, 2025 The rate at which UK taxpayers are moving abroad has more than doubled in the past three years, according to official data which experts warned could be understating the true speed of departures. The average number of P85 forms submitted to HMRC per month rose from 2,500 in 2022 to as much as 5,150 per [...]