Younger Brits turn to AI for financial advice August 21, 2025 Brits are increasingly turning to AI tools to access financial tips as the “advice gap” grows wider. Two thirds of people are either considering or already using AI tools to gather personal finance advice, new research from financial comparison platform Finder has found. Two in five people opted to use generative AI, such as ChatGPT [...]
Blackrock encourages investors to increase exposure to hedge funds August 21, 2025 Institutional investors should increase their exposure to hedge funds in order to generate potentially higher returns, Blackrock has said. In the latest paper of the firm’s Investment Institute, strategists encouraged more money to be placed in hedge funds, as ongoing economic uncertainty and geopolitical tensions erode returns on traditional investment assets, such as bonds and [...]
Moneybox’s wealth focus helps treble inflows to record high August 21, 2025 Moneybox secured its second consecutive year of profitability in 2024 after swathes of new customers poured billions into the firm. The investment platform‘s net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent. Assets under management also more than doubled to £11.7bn as the fintech’s [...]
Generation games: young people don’t see property as key to retirement August 20, 2025 Younger generations are taking a “more flexible approach” towards saving for retirement, amid concerns that traditional savings routes won’t be enough to rely on. The majority of younger generations see both pensions and property playing “key parts in their financial future”, according to the latest Standard Life retirement voice research, surveying 6,000 people. Over 50 [...]
Savers could miss out on £37,000 from reluctance to invest in stocks August 19, 2025 An ongoing lack of confidence in retail investing could be costing UK individuals a staggering amount of money, as people continue to opt for the safety of cash savings. Apprehension to enter the stock market could cause people to miss out on an average of £37,000 compared to investors, according to savings platform Moneybox’s financial [...]
London businesses optimistic for future economic growth, KPMG says August 18, 2025 The vast majority of private business owners in London have recorded rocketing optimism about their growth prospects, but concerns surrounding the impact of inflation remain, according to the latest KPMG private enterprise barometer survey. Following a challenging first financial half of the year, with businesses hit with tariff turmoil and ongoing geopolitical tensions, confidence in [...]
The five fintech segments to watch August 18, 2025 Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]
What will the Trump-Putin meeting mean for the global market? August 15, 2025 US President Donald Trump is set to meet with Russian President Vladimir Putin this evening for their first face-to-face meeting in six years. The Ukraine war is set to top the meeting agenda, with the world watching to see if Trump can get his wish to pursue talks on a potential ceasefire and peace deal. [...]
Savills hit by slowdown in sales despite uptick in profits August 14, 2025 Real estate giant Savills recorded a slowdown in sales in the first half of the year as investors digested the implications of tariffs, but recorded strong results. The real estate giant delivered a 6 per cent increase in revenue to £1.1bn in the six months to end June. Underlying profit rose by 10 per cent [...]
PensionBee gathers momentum in the UK and US August 14, 2025 Retirement savings app Pensionbee maintained strong momentum in the first half of the year, expanding its UK reach while laying foundations for US growth. The London-listed fintech reported a revenue jump to £18.9m, up from £15.4m a year earlier. The firm improved its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) basis to £2.9m. [...]