Whitehall in talks with City for non-dom reform after exodus Economics Whitehall is locked in talks with City bigwigs as the Labour government seeks to attract wealthy investors to the UK following the tumultuous fallout to the scrapping of the non-dom regime. The non-dom status was changed by Chancellor Rachel Reeves in the Autumn Budget 2024 and was swapped for a residence-based system that taxes all [...]
Former Hargreaves Lansdown head of money Susannah Streeter to join Wealth Club Business One of the City’s best-known market commentators has jumped ship to Wealth Club to become the firm’s new chief investment strategist. Susannah Streeter, who previously worked at Hargreaves Lansdown for five years, will take up her position at the investment service, which is aimed at assisting high net worth individuals from 12 January. Streeter will lead [...]
UK fintech stamps its authority on Europe but faces global threats Fintech The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]
Ex-Jefferies banker pleads not guilty in FCA insider dealing case January 7, 2026 A former banker at investment bank Jefferies pleaded not guilty to one count of insider dealing ahead of a trial listed for January 2028. The Financial Conduct Authority (FCA) revealed in November that it started criminal proceedings against Bobosher Sharipov, 44, and Bekzod Avazov, 43, for alleged insider dealing. Sharipov worked at investment bank Jefferies [...]
British investors fled the stock market at a record rate in 2025 January 7, 2026 British investors pulled out of the stock market at a record pace last year, as Budget uncertainty sparked a flight to safe haven assets. Equity fund outflows hit £6.7bn in 2025, twice the rate suffered in 2016, the year of the Brexit referendum, where outflows reached £3.3bn, according to global funds network Calastone. December marked [...]
Cancelling unwanted direct debits could revive your pension January 6, 2026 Cancelling unwanted direct debits could add thousands to Brits’ pension pots, as more people look to rein in unnecessary spending to beef up their retirement savings. The average Brit wastes nearly £40 a month on direct debits they no longer need or regularly use, such as streaming services, gym memberships and old insurance policies, according [...]
London Stock Exchange poised for IPO rebound in 2026 January 6, 2026 After a long-winded exodus, London’s flagship stock exchange saw a flurry of IPO activity at the tail end of last year, with the exchange poised for further revival in 2026. In the final quarter, the UK market saw 11 IPOs which raised £1.9bn, bringing the total number of listings for the year to 23. This [...]
Auction Tech fends off 11 takeover bids from largest shareholder January 5, 2026 Digital marketplace Auction Technology Group has fended off 11 hostile takeover bids from its largest shareholder. The London-listed tech firm said on Monday it had dismissed the latest offer from investment giant FitzWalter Capital, which valued ATG at 360p per share. ATG said the bid – which was received on 23 December – “fundamentally undervalued” [...]
Gold notches new high as Trump escalates Venezuela threats December 23, 2025 Gold has returned to its record-breaking routine this week as escalating geopolitical tensions and falling interest rates sent the metal to new highs. The yellow metal was closing in on $4,500 on Tuesday morning, reaching highs of $4,497 in early trading. On Monday, the price of an ounce of gold crossed the $4,400 mark for [...]
First Equity sets sights on Northwest expansion December 22, 2025 Historic London-based stockbroker First Equity is set to expand into the Northwest of the UK with a fresh presence in Liverpool. The firm, an independent broking boutique dating back to the 1980s, offers investment services to companies listed on the London Stock Exchange, AIM, Aquis Exchange, and JP Jenkins Private Markets. Senior Investment Manager Neil Blankstone, [...]