Exclusive: First AIM VCT in 18 years launches on London Stock Exchange May 15, 2025 The first AIM-focused venture capital trust (VCT) in 18 years has launched on the London Stock Exchange, City AM can reveal. Puma AIM VCT, run by Puma Investments, has launched on the market and already made its first investment in quantum science company Quantum Base, in one of AIM’s only IPOs of 2025. The authentication [...]
UK living standards have worsened since Labour took power, voters say May 12, 2025 Nearly half of UK voters believe that living standards have deteriorated over the last 12 months, a new poll has suggested. The Labour government is approaching a full year in office in a matter of weeks after an electoral campaign in which it promised to boost people’s personal finances. But a new poll by Freshwater [...]
Rachel Reeves plans ISA review May 10, 2025 Chancellor Rachel Reeves is planning to launch a review of the ISA market in the coming weeks amid City calls to cap the amount that can be held tax-free in cash. The Treasury will kick-off a consultation to get a feel for views across the City of London on how to reform the ISA regime, [...]
Why UK start-ups should act now to capitalise on Trump-era economics May 9, 2025 Despite short-term volatility from Trump-era economic policies, bold UK startups and venture-backed firms should capitalise on impending tax reforms and US-UK trade opportunities to gain a first-mover advantage in the resilient American market, says Tim Hames With more than 1,000 days left of his term, we are currently at something akin to “Peak Trump” in [...]
UK investors flee bond funds amid US Treasury turmoil May 7, 2025 UK investors sold £1.2bn of bond fund holdings throughout April, as US bond markets fell into turmoil over Trump’s tariffs. As Treasury yields spiked during the month over fears around the fiscal ability of the US, investors fled the asset class in droves, according to data from Calastone. At one point last month, analysts were [...]
Non-dom exodus could cost the Treasury £12.2bn May 6, 2025 Chancellor Rachel Reeves’ decision to remove tax exemptions for non-doms could lead to “billions” in losses from the public purse, new research has suggested, in a blow to the Treasury’s fiscal plans. Reeves followed through with manifesto pledges by removing tax exemptions from mega-rich non-domiciled individuals at last year’s Autumn Budget, something the Office for [...]
Britain is going to the polls, but what’s the point of metro mayors? May 1, 2025 Voters will elect four new regional mayors today, but until we give them proper powers over tax, devolution will remain a fig-leaf for deeper structural problems, says Jamila Robertson Today, voters head to polling stations to elect four regional mayors (two of which are new roles for 2025, with six to come in 2026). This [...]
Puma to move UK head office from London to Manchester May 1, 2025 Puma is to relocate its UK head office from London to Manchester after signing up to take space in a new £87m building. The global sportswear brand is to take 20,000 sq ft at 3 Circle Square in the city centre, which is due to open this summer. The head office will become home to [...]
10 Things You Need to Know Before Investing in Your First Whisky Cask April 30, 2025 The whisky cask market has experienced significant growth over the past decade, quietlyoutperforming other luxury assets, such as fine wine and vintage cars. With Scotch whisky exports reaching £5.4bn in 2024, showing a steady increase of around 36.7per cent over the last decade, the long-term outlook for cask whisky remains strong, providedinvestors know what to [...]
House prices drop an ‘eye-catcher’ due to stamp duty changes April 30, 2025 UK house prices fell in April at their fastest month-to-month rate in nearly two years, fresh data has suggested, as adjustments to stamp duty knocked demand. Prices declined by 0.6 per cent in April compared to the previous month, according to Nationwide. The drop was attributed to stamp duty changes, introduced by Chancellor Rachel Reeves [...]