UK’s largest wealth firms tighten their hold on the market Markets The ten largest wealth firms in the UK have expanded their grip on the market, serving nearly the entirety of the country’s client base. The firms served up to 89 per cent of the discretionary client base in the previous tax year, according to the latest wealth management survey from the Financial Conduct Authority (FCA). [...]
Poundland owner eyes sale one year after takeover Retail The owner of Poundland is weighing up a sale of the discount retailer only one year after snapping it up for just £1. Gordon Brothers, a Boston-based investment firm, is in talks with advisers over launching a potential auction for the retailer – which is in the midst of a drastic restructuring. The sale would [...]
Let them build homes near stations, but let them be beautiful too Opinion Rules to allow thousands of new homes near stations is cause for celebration, but the government must avoid creating 'anywhere developments'.
Industry chief warns ‘resilience not enough’ for growth August 18, 2026 The boss of Britain’s largest industry body has warned the government that “resilience alone” would not boost growth in the UK, firing the starting gun on two months of policy lobbying ahead of a pivotal Autumn Budget. Writing exclusively for Morning Wire, the boss of the British Chambers of Commerce (BCC) has urged the government [...]
Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ August 18, 2026 A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Picky Brits: Heatwave fuels surge in finger food spending August 18, 2026 Record summer temperatures have driven a surge in “picky bits” spending as British shoppers rush to the chilled aisle in a boost to UK supermarkets. The sweltering heat is causing Brits to cut back their grocery bills, instead spending little and often on items like olives and quiche, according to figures from Worldpanel by Numerator. [...]
Amanda Blanc has worked her magic at Aviva August 18, 2026 For twenty years Aviva found itself struggling to cement its position in the insurance market. The arrival of Amanda Blanc changed the group’s fortune and share price. Maisie Grice looks into how she executed Aviva’s revival and what could come next. Few FTSE 100 constituents have executed a turnaround quite like Aviva’s. The insurance giant [...]
London Gatwick hotel owner plans swanky 18,000-capacity sport arena August 18, 2026 A Canadian property tycoon whose portfolio includes a hotel by Gatwick Airport is planning an 18,000-capacity arena for one of his sports teams. Tom Gaglardi is hoping to have a new arena up and running for the start of the 2031 hockey season, with his franchise’s existing lease running out in five years. The Dallas [...]
Mike Ashley’s Frasers ups stake in Hugo Boss after takeover bid August 18, 2026 Frasers Group has pushed up its stake in Hugo Boss to nearly half of the company, though Mike Ashley’s group misses out on full control of the luxury fashion brand. The Sports Direct owner has increased its portion of the German fashion house to nearly 48 per cent after offering €38 for every share in [...]
Public sector makes wage growth higher than expected August 18, 2026 Wage growth was higher than expected as pay offers in the public sector far outweighed growth in the private sector, new data has revealed. Official statistics have shown that wage growth, including bonuses, reached 4.1 per cent between April and June compared to a market forecast of four per cent. This was still lower than [...]