Royal London: AI set to take key roles in asset management November 20, 2025 AI is poised to take on some of the traditional roles in asset management, and the sector can no longer ignore it. Royal London Asset Management’s chief data officer, Rob Middleton said firms need to stop skirting the conversation and accept that the shift is already reshaping how teams work. “We have to attempt to [...]
Overseas investors return to London’s offices November 19, 2025 Real estate investment in London has risen for the second year in a row as appetite for the capital’s assets returns, according to a new report. Total investment is set to top £14bn in 2025, below the 10-year average of £18.1bn but significantly higher than in 2023 and 2024, according to a new report by [...]
Inflation stays high in pre-Budget warning to Reeves November 19, 2025 Inflation hit 3.6 per cent in the year to October, it has been revealed, in the last set of prices data Chancellor Rachel Reeves will see before a crucial Budget focused on curbing the cost of living. The Office for National Statistics (ONS) said inflation cooled slightly from last month’s figure of 3.8 per cent, [...]
Investors flee UK stocks as Budget jitters echo Liz Truss fiasco November 18, 2025 Fund managers are ditching UK stocks as the fastest pace since Liz Truss and Kwasi Kwarteng panicked markets with the 2022 mini-budget. Global investors have dramatically reduced their risk to UK equities as the Labour government’s second Budget edges closer, where a hefty batch of tax rises are expected to be on the horizon. Rachel [...]
City watchdogs balloon despite deregulation drive November 18, 2025 Calls for the Chancellor to accelerate her City-wide deregulation push grew on Monday after freshly obtained figures revealed headcount at financial regulators has ballooned by over 50 per cent in the past decade. According to data shared exclusively with City AM, nearly 4,500 more staff work at the City’s five largest regulators than did 10 [...]
Banking watchdog raises customer protection to £120,000 November 18, 2025 The UK banking watchdog has raised the cap for how much a customer can be paid if their provider fails. The Prudential Regulation Authority (PRA) has hiked the limit to £120,000 from £85,000 meaning additional customer funds will be protected if their lender collapses. The limits come under the Financial Services Compensation Scheme (FSCS), which [...]
Andy Haldane: Budget speculation is hitting growth November 17, 2025 Former Bank of England chief economist Andy Haldane has said there is “without a shadow of a doubt” a direct link between feverish Budget speculation and sluggish growth in the UK economy. In an interview on Sky News on Monday morning, the incoming president of the British Chamber of Commerce (BCC) told Sophy Ridge that [...]
University tuition fee hike to prop up high inflation November 17, 2025 A rise in university tuition fees and volatile airfare prices are expected to prop up price growth as economists are pencilling in slightly lower inflation in October than in the previous month. Economists polled by Bloomberg said they expected consumer price index (CPI) inflation to reach 3.6 per cent in fresh data to be released [...]
Tech tailwinds boost Polar Capital as AI bubble balloons November 17, 2025 Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]
Exclusive: Industry chiefs warn Reeves not to hit business after income tax U-turn November 14, 2025 The Chancellor must not rely on businesses to plug the gaping fiscal gap left by Thursday’s income tax U-turn, a group of industry body chiefs has warned a year after UK firms were forced to stomach much of the £40bn of tax hikes at Labour’s maiden Budget. In an unusual combined intervention, bosses from five [...]