House prices pick up but property outlook remains ‘clouded’ March 31, 2026 House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]
NS&I set to fork out millions over huge missing savings scandal March 26, 2026 National Savings and Investments (NS&I) is set to fork out millions of pounds to customers following a missing savings scandal. The government-backed bank is expected to pay out to customers who claim there have been failures in managing their money, with failings dating back years, according to reports in The Telegraph. The bank has been [...]
THG shares soar as it swings back to profit in ‘coming of age moment’ March 26, 2026 THG shares soared on Thursday after the e-commerce firm swung back to profit, with pre-tax earnings exceeding market expectations. The London-listed beauty and nutrition retailer posted profit after tax of £54.1m for 2025, turning around a loss of £326m the previous year, helped along by pocketing £103m from the sale of ingredients business Claremont in [...]
NS&I under fire for ‘short-changing’ bereavers March 25, 2026 The UK’s state-owned savings giant is facing mounting backlash over its handling bereaved families’ savings. National Savings and Investments (NS&I) – formerly called the Post Office Savings Bank – has faced criticism for leaving families of deceased savers forced to call in lawyers to claw back their rightful cash. The Treasury-backed vehicle, which holds around £250bn [...]
FTSE 100 Live: Stocks soar as Trump claims ‘victory’ in Iran; Economists clash on inflation March 25, 2026 Welcome back to the City AM liveblog. Fresh figures this morning revealed inflation rose three per cent in the year to February 2026, unchanged from the 12 months to January 2026. Grant Fitzner said: “The largest upwards driver was the price of clothing, which rose this month but fell a year ago. “This was offset [...]
HMRC rejects nearly half of digital tax exemptions March 24, 2026 HMRC has rejected almost half of applications from taxpayers seeking exemption from Making Tax Digital (MTD) for Income Tax. Figures obtained via a Freedom of Information (FoI) request by Saffery show that as of February 2026 more than 1,600 people had applied for exemption on the grounds of “digital exclusion”. Of those, 855 applications were [...]
Bank of London hit with £2m fine for ‘misleading’ watchdog March 24, 2026 The Bank of London has been slapped with a hefty fine from the banking watchdog after “misleading” the regulator and “failing to act with integrity”. The embattled fintech and its parent company Oplyse Holdings are on the hook for £2m after the watchdog found it failed to be open regarding its capital position. It marks [...]
City AM’s 2026 ISA guide March 23, 2026 City AM’s 2026 ISA guide Welcome to City AM’s comprehensive 2026 ISA Guide. The Individual Savings Account (ISA), introduced in 1999, is a cornerstone of UK personal finance, offering tax-free growth and income for investors. With five core variants, Cash, Stocks and Shares, Innovative Finance (IFISA), Lifetime (LISA), and Junior (JISA), investors can shelter up [...]
Small businesses ‘dismayed’ at HMRC plan to tighten tax rules March 23, 2026 Small businesses are “dismayed” at the prospect of tax rules being tightened under new proposals set out by HMRC. The rules, which are subject to a consultation, would require close companies, which are defined as firms controlled by five or fewer individuals, to provide HMRC with details of all transactions between the company and its [...]
The Capitalist: Reeves lecture, Shoreditch’s flashiest bar and sorry Steve Dinneen! March 19, 2026 Reeves's Mais Lecture, a flashy new toilet design and an apology to our life & style editor; catch up on the latest City shenanigans.