Ask the expert: I’m a higher rate taxpayer. Where can I save that won’t result in a big tax bill? Personal Finance Fidelity International personal finance specialist, Marianna Hunt, helps a taxpayer looking to lower their tax bill. Q: I’m a higher rate tax payer and likely to become an additional rate taxpayer. I currently hold both a cash and stocks and shares ISA. I also have Premium Bonds and a healthy amount in pensions. Where can [...]
UK retains investment appeal but CEO confidence falters Business The UK has strengthened its position as a global investment hub over the last twelve months, as it works to offset competition from other countries. Britain remained the second-most attractive destination for international investment for chief executives last year, according to the latest survey from PwC, but now shares the position with Germany and India. [...]
BVCA unveils rebrand to mark private equity shift Business The British Private Equity and Venture Capital Association (BVCA) is rebranding to UK Private Capital, to reflect the shifting UK investment landscape. The lobby group said the change, which is subject to final approval by its members later this week, is to adapt to the growth and evolution of the UK’s private capital industry, spanning [...]
Hargreaves Lansdown swipes new chief executive from Vanguard January 12, 2026 Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]
Reeves’ VCT changes ‘could put start up funding at risk’ January 12, 2026 Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]
Star stockpicker Nick Train buys more shares in his Finsbury Growth trust January 8, 2026 Star fund manager Nick Train has ploughed over £200,000 into his struggling Finsbury Growth and Income Trust, in a further show of support for the 100-year-old trust’s investment strategy just weeks before a crunch continuation vote to mark its centenary. Train, who has managed the £1.3bn trust’s portfolio since 2000, bought 25,000 shares in the [...]
US investor dials up attacks on investment trust before crunch vote January 7, 2026 The American hedge fund tycoon behind a campaign to shake up Britain’s investment trust sector has ramped up his attacks on a Baillie Gifford fund ahead of a pivotal shareholder vote, demanding answers over its decision to offload shares in Space X. Boaz Weinstein, the founder of Saba Capital, published an open letter to Edinburgh [...]
British savers are moving further away from financial security January 6, 2026 The average UK adult is thousands of pounds away from feeling financially secure, as more people struggle to bolster their savings. British adults are more than £16,000 away from achieving their financial ‘safety net’, according to analysis from money app Plum. Savers believe they need roughly £40,300 in their savings in order to quash their [...]
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 [...]
Rainy day savings, pensions and stocks: Brits’ 2026 financial resolutions January 5, 2026 Nearly one in three people are aiming to reduce their monthly spending in 2026, as more Brits look to boost their savings. According to a survey commissioned by Pensions UK, committing to building up ‘rainy day’ savings as a new year’s resolution has grown in importance, with 28 per cent planning to do so this [...]