UK wealth managers endure share price plummet amid AI tool fears February 11, 2026 Shares in some of the UK’s largest wealth managers tumbled on Wednesday, as investors grew concerned about the potential competitive pressure from a new AI-led investment tool. Britain’s biggest wealth group, St James’s Place, suffered a 12.7 per cent drop, trading at 1,265 pence, after US-based wealth management platform Altruist launched a tool to help [...]
UK fintech investment hits lowest since pandemic despite Revolut boost February 11, 2026 Investment into the UK’s fintech sector tumbled to a five-year low in 2025 even after a major boost from industry juggernaut Revolut. UK fintech received just shy of $11bn (£8bn) in investment in 2025, falling a fifth from the $13.4bn notched the year prior, according to new figures from KPMG. A hefty chunk of the [...]
Recurly Appoints Growth and Category-Building Leader Suzin Wold as Chief Marketing Officer February 10, 2026 Recurly, a leading subscription management and billing platform, today announced the appointment of Suzin Wold as Chief Marketing Officer. Wold brings over 25 years of experience in scaling high-growth technology companies and will lead Recurly’s global marketing strategy, brand positioning, and go-to-market execution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210646677/en/ Wold [...]
Dunelm eyes store expansion as Brits get the blues February 10, 2026 Dunelm is eyeing a major expansion of its store estate as the furniture and homeware store looks to claw more market share from rivals. Chief executive Clo Moriarty, who joined the firm from Sainsbury’s in October, told City AM the FTSE 250 firm had “identified a suite” of new locations and intends to “go after [...]
Love, Actually… Comes With a Back-Up Plan: 30m Brits Saving for a Break-Up February 10, 2026 Brits over 25 hold more than £140bn in hidden break-up funds More than 17 million people (31%) are hiding a savings account from their partner An estimated 23 million adults (43%) are actively adding to their ‘independence funds’
Ease restrictions to boost retail investment, says leading digital platform February 9, 2026 The UK must do more to ease restrictions for retail investors, a director of a leading digital trading platform has said, after renewing calls for regulators, operators and policymakers to incentivise the use of innovative investment products. Speaking in an interview with City AM, Michael Healy, managing director, UK and Ireland at IG Group, noted [...]
Secure Trust Bank sells motor finance arm after £21m hit February 5, 2026 Specialist lender Secure Trust Bank has offloaded its motor finance arm, becoming the latest UK bank to retreat from the sector, which has been wrapped up in scandal. The bank sold its remaining vehicle finance loan book to European Alternative Investment Fund Manager LCM Partners in a move expected to increase the bank’s CET1 ratio – a [...]
Everest Reports Fourth Quarter and Full-Year 2025 Results February 4, 2026 Annual Net Income of $1.6 billion and Net Operating Income of $1.9 billion Annual 10.5% Net Income ROE and 12.4% Net Operating Income ROE; TSR of 13.1% Repurchased $397 million of Common Shares During the Quarter
UK Retailers Eye Online Growth as AI Transforms Shopping and Delivery February 4, 2026 80% of UK retailers expect online sales growth in 2026 as AI enhances end-to-end customer experiences
FICO UK Credit Card Market Report: November 2025 January 30, 2026 Pre-Christmas spending remained below 2024 figures, but balances rose as payments fell to the lowest level since 2021