Tinned tuna giant Princes confirms intention to float October 10, 2025 Tinned tuna heavyweight, Princes, has confirmed its intention to proceed with its IPO to list on London’s main index. The decision comes just one week after the Italian-owned business announced it was considering a listing. The offer will be comprised of new ordinary shares to be listed by the company, in order to raise net [...]
Webull UK enhances platform with UK shares and ETF offerings October 9, 2025 Digital investment platform Webull UK has expanded its offering as it cashes in on a renewed investor thirst to trade UK-listed equities and ETFs. Through its partnership with investment fintech company Upvest, customers will now be able to invest in domestic companies as part of its integration of UK stocks and ETFs on its platform. [...]
Lloyds banking group acquires remaining stake in Schroders personal wealth October 9, 2025 Lloyds Banking Group has completed the full acquisition of Schroders’ personal wealth arm, six years after the establishment of the unit. Lloyds acquired the remaining 49.9 per cent of Schroders Personal Wealth (SPW) from the asset manager, handing the bank sole control of the business. Lloyds noted the acquisition will support the group’s “ambition to [...]
UK pension provider looks to launch defined benefit superfund October 9, 2025 British pensions provider, TPT retirement solutions, is seeking to launch a defined benefit (DB) superfund, that will hold schemes rather than sell them to an insurance company. TPT, a mid-sized provider which manages £11.1bn of pension assets, has secured capital to fund the launch of the DB superfund and the first £1bn of transactions, in [...]
Private market fund managers optimistic on real asset returns October 8, 2025 Private market fund managers are increasingly confident of strong returns being generated by real assets over the next decade, as assets under management in the sector continue to grow. According to exclusive research shared with Morning Wire from investment service Wealth Club, nearly 70 per cent of fund managers predict annualised returns between 5 and 6 [...]
Hargreaves Lansdown co-founder to step down from board October 8, 2025 The billionaire co-founder of Hargreaves Lansdown is stepping down as board director of the personal investment business months after its £5.4bn acquisition by private equity firms, marking an end to his involvement in the business. Peter Hargreaves, who created the UK’s largest DIY investment site with co-founder Stephen Lansdown in 1981, will be handing his [...]
Investment platform Freetrade looks to shake up the mutual funds market October 2, 2025 Investment platform Freetrade has expanded its fund range, marking the first serious push by a UK neobroker into the mutual funds market, Morning Wire can reveal. The platform is adding over 300 funds initially to its platform, offering choices across strategies and asset classes for UK retail investors, with more set to follow shortly. It [...]
IG becomes first UK-listed broker to be granted a crypto licence October 1, 2025 Investment platform IG, has been granted a crypto asset licence by the UK’s financial watchdog enabling it to expand its services and cement its position as a multi-asset trading platform. The decision makes IG the first UK-listed broker to join the Financial Conduct Authority’s (FCA) crypto asset register, marking a significant milestone for the rapidly [...]
Brits over £200 worse off as cost of living crisis continues September 30, 2025 Brits have found themselves over £200 worse off each month compared to last year, as they continue to suffer the consequences of the cost of living crisis. According to the latest report from specialist bank Shawbrook, the average UK adult is suffering a deficit of £224 each month. Nearly 40 per cent of people confirmed [...]
Ruffer co-founder retires after 30 years at investment firm September 30, 2025 Jonathan Ruffer, co-founder of the Ruffer investment firm, will step down as chair at the end of the year, after more than three decades at the London-based business. Henry Maxey, Ruffer’s co-chief investment officer, will become chair from the start of next year, in addition to his other position. The firm, which manages £19bn of [...]