It’ll take more than a squirrel to revive share ownership: cut stamp duty April 28, 2026 The government can’t promote investing in stocks and shares with one hand while taxing it with the other, says Steven Fine There is something faintly surreal about the government launching Savvy the Squirrel to encourage people to invest in shares while taking a record haul in tax from those who already do. The latest public [...]
‘Mascots don’t move markets’: City grandee pours cold water on retail investment drive April 28, 2026 The government’s industry-backed investing campaign will fail to usher in a new wave of retail investment unless ministers also promise to scrap the UK’s “hard to defend” tax regime on shares, the boss of a top investment bank has warned. Writing in City AM, Peel Hunt chief executive Steven Fine said that the record haul [...]
Space investment trust taps retail investors for spending splurge April 27, 2026 An investment trust focusing on commercial space opportunities will raise £350m from retail investors in a bid to capitalise on the booming space technology market. Seraphim Space, the world’s first listed fund to specialise in backing space ventures, said it was launching one of the largest share issuances in British investment history to broaden access [...]
Porsche Sells Bugatti Stake to BlueFive Capital April 24, 2026 Porsche has agreed to sell its equity stake in Bugatti Rimac. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021 to serve as home to the iconic Bugatti brand. In this joint venture, Porsche holds a minority stake of 45%, Rimac Group owns 55%. Porsche also holds a 20.6% stake in [...]
Inflation fears push slump in demand for City offices April 24, 2026 Demand for office space in the Square Mile slid in the first quarter of the year as investors stalled decision making following the outbreak of war in Iran. Office property demand fell by 23 per cent year on year in the City of London and 14 per cent in the capital as a whole in the [...]
FTSE 100 Live: Stocks slump as oil rises; Reeves tax hikes trigger borrowing boost April 23, 2026 Good morning and welcome back to the City AM liveblog. An extended ceasefire may have been announced in the Middle East, but its left markets with major appetite for further peace before investor sentiment recovers. Brent crude – the international benchmark for oil prices – was trading back over the $100 mark on Thursday morning. [...]
Stashing cash is nuts – just ask Savvy the squirrel April 23, 2026 A new campaign fronted by Savvy the squirrel will spread a nationwide message encouraging people to invest in stocks and shares rather than just stashing cash, says James Ashton ROLL up, roll up: this is the week when efforts to get Britain investing again start in earnest. An industry-funded marketing campaign, expected to be fronted [...]
Eight London sites raided in peer-to-peer crypto trading bust April 22, 2026 The City watchdogs, working with HMRC and the Regional Organised Crime Unit, have carried out the first crackdown on illegal crypto trading across multiple London locations. The enforcement targeted eight premises in London suspected of illegal peer-to-peer crypto trading by the Financial Conduct Authority (FCA). The traders were issued cease-and-desist letters at each site, notifying [...]
End of the runway for Gatwick as top court kicks out insurance lifeline April 22, 2026 Gatwick Investment’s appeal against insurance giant Liberty Mutual has been struck down over whether insurers can deduct government furlough payments from business claims. The Supreme Court ruled that insurers do not have to pay an estimated £1bn to the hospitality and leisure companies involved in the case that suffered financial losses during the pandemic because [...]
FCA crypto U-turn – everything retail investors need to know April 22, 2026 After banning crypto Exchange-Traded Notes (ETNs) for retail customers in January 2021, the Financial Conduct Authority (FCA) reversed its position in October 2025, meaning retail investors can once again purchase exchange-listed crypto instruments, such as ETNs. According to FCA research, conducted in conjunction with YouGov, 91 per cent of UK consumers are aware of cryptoassets. [...]