By: Maisie Grice

Investment Reporter Maisie Grice is City AM’s investment reporter. She completed the Financial Time’s newsroom apprenticeship, working on specialist magazine Investors’ Chronicle and the UK news desk before joining FT Money as a personal finance reporter. She also worked as a regional news reporter at the Manchester Evening News, covering live events, crime and local politics.

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Government must increase financial education in order to boost investment, think tank warns

October 20, 2025

The government must do more to encourage wealth building and increase financial knowledge as Brits continue to turn away from retail investing, a think tank has warned. According to the latest report from the Startup Coalition, only 50 per cent of adults invest in the stock market, leaving billions in low-yield accounts and cash ISAs, [...]
Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally

October 20, 2025

Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]
Betfred founder: Tax rises are “biggest threat” to the industry

October 19, 2025

Betfred shops could vanish from UK high streets if Chancellor Rachel Reeves carries out a potential tax raid in the November budget, the company’s co-founder and chairman has warned. Fred Done, who founded the business in 1967 with his brother, hailed tax rises as the “biggest threat” to the industry he has seen in his [...]
Net zero targets “are not helping” claims shadow energy secretary

October 19, 2025

Shadow energy secretary, Claire Coutinho, has claimed that Labour’s net zero targets” are not helping” the UK’s economy. In an interview with Sky News’ Trevor Phillips, Countinho linked the government’s climate targets to the ongoing cost of living crisis. She said: “We’ve said we would repeal the climate change target, and we actually think the [...]
Spy case suspect was stopped with suitcase full of cash on return from China

October 19, 2025

A suspect in the China spy case was carrying a “suitcase full of cash” upon being stopped by police under terrorism laws after flying into Heathrow from China. Academic Christopher Berry, was discovered with £4,000 when he was intercepted at the airport in February 2023, almost six weeks before he was formally arrested on suspicion [...]
Former BT boss in advanced talks to be next chairman of Heathrow

October 18, 2025

The former BT Group chief Philip Jansen is lined up to be the next chairman of Heathrow Airport as it prepares to deliver a nearly £50bn expansion. Jansen, is in advanced talk with the board and shareholders of the UK’s largest aviation hub about taking on the role, according to Sky News. Sources said an [...]
Reeves seeks to boost UK share ownership in ISA overhaul

October 18, 2025

Chancellor Rachel Reeves is looking to boost UK share ownership as part of her plans to overhaul ISAs, with potential measures including a minimum holding of British companies and a stamp duty tax break. The move is an evolution of the previously scrapped Conservative plan to create a ‘Brit ISA’ and comes as Reeves searches [...]
Conservatives will attempt to block Chagos deal over China spying fears

October 18, 2025

Conservative MPs will launch a last-ditch attempt to block the Chagos Islands deal next week due to fears it will be used by China to spy on the UK. First reported in the Telegraph, the Tories plan to force a vote in Parliament over whether to effectively end the deal by holding up payments to [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities

October 16, 2025

Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]
Industry figures urge Reeves to go further with cash ISA reforms

October 15, 2025

Financial industry figures have urged Rachel Reeves to go further on reforming the cash ISA, following speculation the Chancellor is looking to overhaul the system in the looming Autumn Budget. Reeves is understood to be reviving a plan to cut the tax-free limit on cash ISAs, in a bid to get people to move cash [...]

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By: Maisie Grice

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