By: Maisie Grice

Investment Reporter Maisie Grice is CityAM’s investment reporter. She completed the Financial Time’s newsroom apprenticeship, working on specialist magazine Investors’ Chronicle and the UK news desk before joining FT Money as a personal finance reporter. She also worked as a regional news reporter at the Manchester Evening News, covering live events, crime and local politics.

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Growing pension uncertainty sparks a downturn in retirement saving

September 17, 2025

Growing uncertainty over the future of the state pension and a rise in unsecured debt has sparked a worrying downturn in saving for retirement, new research has found. According to the latest retirement survey from Interactive Investor, only 44 per cent of UK savers believe the state pension will still be in place when today’s [...]
‘Exhausting’ house buying process damaging the economy, says Santander

September 17, 2025

The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]
State pension boost raises questions on tax and triple lock future

September 16, 2025

While pensioners may be cheering a proposed 4.7 per cent rise in the state pension, there are lingering questions over the sustainability of such increases and the viability of the triple lock itself. The proposed uplift means that payments to retirees are on track to rise by more than £560, bringing the new full state [...]
Parents’ secrecy on inheritance plans leaves children facing unexpected tax burdens

September 15, 2025

Parents are choosing not to tell their children about their inheritance plans, leaving them at risk of being slapped with unexpected tax bills, new research has found. According to investment manager Charles Stanley, more than a third of Brits have an alarming lack of knowledge of how their parents plan to pass down wealth, despite [...]
Brits risk financial future as they fail to save for retirement

September 15, 2025

UK savers are failing to put enough money away to fund retirement, despite growing calls from industry figures for people to get to grips with their pension savings. According to the latest report from Lloyds subsidiary Scottish Widows, nearly a quarter of working age people aren’t currently saving for retirement. Meanwhile, over a third are [...]
High living costs threaten Gen Z and Millennials’ pensions

September 15, 2025

Younger generations are struggling to afford adding money to their pension pot, forcing many to be at risk of retirement poverty, new research has found. According to a survey from fintech start-up Chest, two in five 18-34 year olds are failing to top up their pension pot as they face the challenge of spending more [...]
Labour using ‘sticking plasters’ and failing to attract foreign investment

September 11, 2025

The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]
Chancellor concedes higher taxes could hit economic growth

September 10, 2025

Chancellor Rachel Reeves has acknowledged higher taxes could impact economic growth as she seeks to increase private investment in the UK. Speaking at the British Private Equity and Venture Capital Association summit, the chancellor told investors she had to hike taxes in her maiden budget in order to place finances on a “firm footing and [...]
CBI boss calls for Rachel Reeves to break Labour’s tax pledge

September 10, 2025

The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]
No 10 establishes ‘budget board’ to mend fractured business relations

September 10, 2025

Sir Keir Starmer has created a “budget board” of ministers and officials in a bid to mend broken relations with businesses and the City – and tighten his grip on economic policy. The group will meet weekly to co-ordinate ‘pro growth policies’ ahead of the looming Autumn Budget on 26 November. It is also expected [...]

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By: Maisie Grice

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