AJ Bell says Budget jitters are causing investors to pull pension money Investing AJ Bell has warned uncertainty around Rachel Reeves’s Budget this month is causing investors to pull pension money from its platform and hold off contributing to their retirement pots. In a trading update for its financial year to September, the FTSE 250 firm said it had seen an acceleration of cash exiting the platform amid [...]
City sounds alarm on health of London’s AIM market as listings hit 20-year low Markets Leading City figures have sounded the alarm over the health of London's AIM market after a new analysis revealed the number of companies quoted on London's junior market to be at a 20-year low.
‘Strong momentum’ continues at investment platform AJ Bell as inflows jump Business Summersgill also said the firm was "actively engaging" with the new government on its pledge to boost retail investment through simplification of the ISA system.
Analysts: A mining takeover boom could be around the corner July 12, 2024 Rising demand for raw materials coupled with a meagre new supply could spur a mining takeover boom, according to analysts.
How Rolls-Royce became the ‘hottest stock’ in the FTSE 100 – and what could happen next June 24, 2024 Rolls-Royce has been dubbed the "hottest stock" in the FTSE 100 after being transformed from a "burning platform" to being worth £40bn.
Asda has been ‘left behind’ by Tesco and Sainsbury’s since Issa brothers’ takeover June 11, 2024 How has Asda performed compared to Tesco, Sainsbury's and Aldi since being taken over by the billionaire Issa brothers and TDR Capital?
Stealth tax raid to cost City workers £14k each by 2028 June 3, 2024 "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.
AJ Bell: DIY investment firm ups dividend after reaching customer ‘milestone’ May 23, 2024 Revenue at the DIY investment platform rose by 27 per cent to £131.3m in the first half of the year, up from £103.6m in the same period last year.
AJ Bell customers pass half a million as investors flock to low-cost platform April 18, 2024 The number of AJ Bell customers has surpassed half a million, up from under 200,000 when the company listed in 2018.
Government quietly pauses Natwest retail bidding process March 31, 2024 The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, City A.M. can reveal.