UK drug prices necessary to stop feud with companies, says science minister September 25, 2025 The price the NHS pays for medicines will need to rise to end the feud with pharmaceutical companies and stop the exodus of investment in the UK, science minister Patrick Vallance has said. Lord Vallance told the Financial Times that “all options” were on the table in terms of UK drug pricing, after several large [...]
London hot on New York’s heels as financial centre race ramps up September 25, 2025 London is now within a whisker of ousting New York as the world’s leading financial hub, fresh rankings reveal, but risks remain over the capital’s fintech prospects. The City was chomping at the heels of the Big Apple with just a singular rating point between the two. New York once more topped the rankings in [...]
Standard Life set to enhance pension exposure in private markets September 24, 2025 Pension provider Standard Life is set to launch a new fund with significant private market allocation, as it works to make investing in the private market more accessible for savers. The Future Opportunities fund aims to improve outcomes and boost returns by diversifying customer portfolios with exposure to quality private assets which could offer increased [...]
Rolls-Royce, BAE, Babcock: Defence shares rally after Trump remarks September 24, 2025 Shares in London-listed defence firms rallied during early trading on Wednesday after President Donald Trump changed his tune on the Russia and Ukraine conflict. Aerospace firm BAE Systems led the City’s blue-chips with a 1.6 per cent gain to 1,982.50. Meanwhile Babcock was up over one per cent to 1,195 and FTSE darling Rolls-Royce rose [...]
Economic and geopolitical tensions propels gold post Fed decision September 23, 2025 Gold will continue its meteoric rise following the Federal Reserve’s interest rate decision, a top analysts has said, as economic and geopolitical conditions keep investors opting for the safe haven asset. The precious metal hit $3,759 (£2,782.36) on Tuesday morning, as the asset surged after a slight wobble following the US central bank’s decision to [...]
Exclusive: Investors cautiously bullish on Bitcoin September 23, 2025 Retail investors are becoming increasingly optimistic about cryptocurrencies, as volatile market conditions cause people to consider adding the asset to their portfolio. According to a survey of 2,537 retail investors from investment advice platform Finimize, nearly 70 per cent are more bullish on the opportunities offered from cryptocurrencies than equities over the next 12 months, [...]
Older Brits hesitate transferring wealth amid retirement cost fears September 23, 2025 Older Brits are hesitant to transfer money to younger family members, despite wanting to provide financial help, as worries over affording care in later life continues to plague savers. According to research from Octopus Money, 50 per cent of UK adults would like to give family members more money in their lifetime but hold back [...]
City asked to contribute £120m Rachel Reeves’ stock market push September 22, 2025 Rachel Reeves’ major advertising push to re-invigorate the London market is expected to cost the City £120m, new documents have revealed. The campaign, which is being led by the Investment Association, was announced as part of Reeves’ Mansion House package where the Chancellor made her pro-business plea to the City. But smaller financial services firms [...]
‘Cash cow’ inheritance tax receipts edge higher as further changes loom September 19, 2025 Inheritance tax (IHT) receipts are on course for a record breaking year, as an increasing number of Brits brace themselves for further potential tax changes. According to the latest HMRC data, IHT receipts hit £3.7bn in the first five months of the 2025/26 tax year, continuing their two decade long upward trend. This is also [...]
Investec expectations hit by challenging market backdrop September 19, 2025 Investec has said it remains on track despite battling a “challenging macroeconomic backdrop and market volatility” during the first half of its financial year. The FTSE 250 bank said it expects its adjusted operating profit before tax for the six months to be between £451m and £481.8m, in line with £474.7m it recorded during the [...]