Optimism picking up after ‘disruptive’ Budget, says Paragon chief January 27, 2026 Optimism in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025. Nigel Terrington, the boss of Paragon bank, told City AM that despite it being the early days of 2026, the mood was beginning [...]
UK’s wealthiest financier Michael Platt’s hedge fund in high-stakes tax fight January 27, 2026 Hedge funder BlueCrest Capital Management, founded by the UK’s wealthiest financier, Michael Platt, will appeal at the highest court this week over a tax battle with HMRC. The case centres on the salaried members’ rules, which determine if limited liability partnerships (LLP) members are genuinely self-employed or ‘disguised employees’ for tax purposes. HMRC issued determinations [...]
Artajasa, the Largest Operator of Indonesia’s QRIS, and Ant International Launch Global Payments and Digital Finance Partnership January 27, 2026 PT Artajasa Pembayaran Elektronis (“Artajasa”), Indonesia’s leading payment system infrastructure provider, has entered into a Memorandum of Understanding (MoU) with Ant International, a leading global digital payment, digitisation and financial technology provider. This strategic collaboration will advance the integration of seamless cross-border payment, AI-powered mobile innovations, and SME digtialisation solutions between Indonesia and Ant International’s [...]
Food prices to jump despite easing inflation predictions January 27, 2026 Food prices are projected to jump higher despite economists’ predictions of easing inflation, according to a fresh survey, which warned that soaring energy prices and taxes were exacerbating the cost of living for Britons. New data by the British Retail Consortium has suggested that food price inflation could rise at a faster pace, weighing heavily [...]
Private medical insurance claims rise as City workers seek quicker care January 26, 2026 Diagnostic tests top private medical insurance claims as City workers increasingly seek coverage for everyday health needs. According to data from Howden, diagnostic tests and scans are number one across all categories, except for those over 65. This comes as the NHS waiting list has started to fall in recent months, yet 7.31m people across [...]
KBRA Assigns Preliminary Ratings to RRE 18 Loan Management DAC (Reset) January 26, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of refinancing notes and two classes of loans issued by RRE 18 Loan Management DAC (Reset), a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro denominated corporate loans. RRE 18 Loan Management DAC is managed by Redding Ridge Asset Management [...]
Revolution Bars owner appoints administrators as hospitality crisis deepens January 26, 2026 Dozens of bars up and down the country could soon shut their doors for the last time as one of Britain’s best-known hospitality groups prepares to appoint administrators. Revel Collective, which owns more than sixty venues comprising the Revolution Bars group as well as the Peach pub chain, said it expects to appoint administrators within [...]
Brooklyn Beckham and why rich parents should help write their kids’ pre-nups January 26, 2026 The fall-out from Brooklyn Beckham’s wedding will feel familiar to many wealthy parents, says Richard Hogwood The recent discussion surrounding Brooklyn Beckham’s marriage and parental influence and involvement in the lead up to (and at) the wedding is an issue that will feel familiar to many advisors working alongside wealthy families. Where wealth is connected [...]
Hundreds of hospitality firms close as cost pressures take toll January 26, 2026 The “relentless” increase in operating costs put hospitality businesses under increasing pressure in the final quarter of last year, industry figures suggest. According to consumer intelligence firm NIQ, there were 382 fewer licensed premises at the end of December than there were three months prior, equivalent to four closures per day. Casual dining sites and [...]
Reeves told City at ‘critical juncture’ after claims of golden age January 25, 2026 Rachel Reeves has been handed a firm warning that Britain’s financial ecosystem is facing a “critical juncture” even after the Chancellor touted a “golden age” of opportunity for the City. The Chancellor faces a call to action following a report from lobby group TheCityUK and Big Four consultancy giant PwC revealing the “hard truth” that [...]