Conservative MP Natalie Elphicke has defected to join the Labour Party, with an attack on the “broken promises of Rishi Sunak’s tired and chaotic government”. Elphicke and Labour confirmed the …
Estate Planning
Monzo valued at £4.1bn after £150m funding to support expansion and new products
Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£488m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up …
ISA season breaks new record despite UK outflows revealing ‘structural problem’
April was a record ISA season, with inflows to equity funds coming in five times larger than 2023, but represented another poor month for UK-focused funds, according to data from …
Traders short sterling as bets on Bank of England rate cuts grow
Currency traders have been building up short positions on the pound as they bet the Bank of England will cut the base rate before the US’s Federal Reserve (Fed). The …
TSB Bank to cut 250 more jobs and close 36 branches in cost-cutting drive
TSB Bank is planning to cut around 250 jobs and close three dozen branches as part of a broader restructuring effort, joining other mid-sized high street lenders that are looking …
Monty Panesar U-turns on bid to stand as MP for George Galloway’s Workers Party
Former England spin bowler Monty Panesar has U-turned on his decision to stand for Westminster, with George Galloway’s Workers’ Party. The ex-sportsman had been roped into running for Parliament in …
Hydrogen-focused investment trust finds success in private companies
Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled. The trust’s …
There will only ever be one Pinchbeck Waterloo watch: Win it here
As traditional British watchmakers, we at Pinchbeck can trace our horological roots back to 18th century London. It’s a proud family heritage that we continue to honour in the 21st …
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters
The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said. The former immigration minister argued the …
Brewdog boss James Watt quits as chief after 17 years
Brewdog beer boss James Watt has quit his job as chief executive of the company after 17 years, saying he would “transition” to a new role as ‘captain and co-founder’. …