16 h. ago FTSE 100 Live 10 October: Brickmaker warns over Budget headwinds, Hays cautious

Poor retail footfall figures and a warning by a building products firm today pointed to caution ahead of next month’s Budget.

Events

41 h. ago Crypto ETN ban lifts, but investors will have to wait a week to add them to their portfolio

Any keen investor looking to get in early will have been disappointed to find that despite the ban lifting, these ETN products are still not available to retail investors.

Economics

43 h. ago Hargreaves Lansdown warns UK retail investors on crypto despite FCA U

Investment platform warns customers bitcoin ‘has no intrinsic value’ and ‘is not an asset class’

Events

56 h. ago ‘From reef to retail’: experts warn global marine aquarium fish trade relies heavily on wild populations

New research finds 90% of marine fish sold by major US retailers are wild-caught, including threatened or endangered speciesGet our breaking news email, free app or daily news podcastThe global trade in marine aquarium fish relies heavily on fish sourced directly from wild populations, with many consumers unaware of the practice due to murky supply chains.New research has revealed the scale of the issue, finding most marine aquarium fish sold online in the US were wild-caught, mainly from the western Pacific and Indian oceans. Continue reading...

Events

59 h. ago Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

60 h. ago Bank of England warns growing risk AI bubble could burst; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

61 h. ago Billionaire Peter Hargreaves to retire from Hargreaves Lansdown

Peter Hargreaves, 79, who set up Hargreaves Lansdown from a spare bedroom with Stephen Lansdown in 1981, is handing his board position to his son, Robert.

Politics

61 h. ago Spot gold rises above $4,000 for the first time; car dealer Vertu Motors warns of £5.5m profit hit from JLR disruption – business live

Gold has doubled in two years and extends 50% rally so far this year amid central bank buying and political turmoilPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and the Abu Dhabi wealth fund, which completed in March.Har...

Economics

6 d. ago Robinhood takes aim at UK ‘DIY’ platforms Hargreaves Lansdown and AJ Bell

US broker in talks with regulator about bringing its products to Britain

Politics

9 d. ago JPMorgan takes on Hargreaves Lansdown in the UK with ‘DIY’ investment push

US group aims to be a ‘major player’ in Britain by encouraging retail investors to buy and sell shares directly

Politics

9 d. ago JPMorgan takes on Hargreaves Lansdown in UK with ‘DIY’ investment push

US group aims to be a ‘major player’ in Britain by encouraging retail investors to buy and sell shares directly

Politics

1 week ago Two thirds of public sector staff are on track for a decent retirement

Public sector workers 'rule the roost' when it comes to saving enough for old age, according to the study by Hargreaves Lansdown.

Politics

1 week ago JLR to resume some manufacturing in coming days after hack: GSK shares rise 3% after surprise CEO change – business live

JLR says “controlled, phased restart” of its operations continues, as GSK appoints a new boss to succeed Dame Emma Walmsley.GSK’s Emma Walmsley to be replaced as chief executiveInside the Jaguar Land Rover hack: stalled smart factories, outsourced cybersecurity and supply chain woesEmma Walmsley’s departure as CEO of GSK at the end of the year will be the “end of an era”, says Derren Nathan, head of equity research at Hargreaves Lansdown.Nathan explains:“The first ever female CEO of a major pharmaceutical company, Dame Emma Walmsley, is set to hand over GSK’s reins on New Year’s Day 2026. One of her key achievements was the demerger of Haleon, the company behind consumer health brands such as Beechams. That not just strengthened GSK’s balance sheet but also sharpened the group’s focus on speciality medicines and vaccines. There’s an exciting pipeline ahead and, this year alone, GSK’s on track for five major regulatory approvals. Her reign also saw a line drawn in the sand in the Zan...

Economics

2 w. ago Britain could 'lose the war on inflation': Higher business rates 'to push up food prices', retail bosses warn Reeves

The BRC said the Chancellor 'risks losing the battle against inflation' if she pushes ahead with plans to raise taxes on around 4,000 shops.

Economics

3 w. ago Lifetime Isa savers ‘clobbered’ with £102m of withdrawal charges in 2024/25

A charge of 25% may apply if someone withdraws cash or assets for any reason other than buying a first home or retirement.

Economics

3 w. ago US agrees commercial terms on TikTok sale, as Trump says China talks went ‘very well’ – business live

Rolling coverage of the latest economic and financial news, as Beijing escalates its inquiry into Nvidia over takeover of Mellanox Today’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our s...

Politics

3 w. ago First annual drop in UK house asking prices since January 2024

Rolling coverage of the latest economic and financial newsToday’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our strategy as set out at our full year results is working and we have an exc...

Politics

3 w. ago Primark boss issues high street warning to Keir Starmer as 'anchor stores' under threat

The British Retail Consortium (BRC) warned on Friday that 400 large-format stores are at risk if they were included in the Government's new business rates surtax

Events