Monzo: The rockstar fintech setting the City abuzz June 3, 2025 Monzo has dominated City chatter in recent months with its hotly anticipated IPO, and now the fintech unicorn’s latest financial results indicate the talk is only going to get louder. The UK fintech veteran broke another milestone in the last 12 months after topping £1bn in annual revenue. Behind the surge in takings was a [...]
UK small companies funds surge as government bonds sink June 3, 2025 Funds invested in tech stocks and UK small companies jumped significantly last month, while government bond-focused funds failed to make returns amid tremors in the Treasury market. Tech funds returned nine per cent during May, while UK smaller companies funds rose 7.3 per cent, making them the two best performing sectors, according to data from [...]
Natwest returns to private ownership May 30, 2025 Natwest has finally re-entered private ownership ending one of British banking’s longest-running sagas. The government sold off its remaining 0.26 per cent stake in the group on Friday marking a full exit from the lender. The Treasury’s share of the FTSE 100 lender dates back to the 2008 financial crisis. Natwest, then under the Royal [...]
Is Natwest set for a deal spree after privatisation? May 27, 2025 As Natwest finally breaks from the shackles of government ownership, the banking juggernaut may be gearing up for an acquisition spree. The FTSE 100 giant is speculated to return to privatisation in a matter of days after the government accelerated its sell off over the last year. Shares in the firm rose one per cent [...]
Slash red tape for fund managers or risk ‘industry exodus’ May 23, 2025 The government must slash red tape preventing new fund managers from setting up or risk an industry exodus, experts have warned. The rate of new fund management businesses being created has dropped precipitously in recent years as high barriers to entry have pushed too many entrepreneurs away from the industry, according to a report by [...]
Pisces has the potential to flourish – if the FCA plays its cards right May 21, 2025 New Pisces markets could begin trading before the end of this year, in what the government hopes will be a boost for fast-growing companies in search of a stepping stone before reaching IPO. The framework, known as the Private Intermittent Securities and Capital Exchange System, will allow the creation of a new type of private [...]
What will stricter buy now pay later regulations mean for Klarna? May 20, 2025 The government is clamping down on the “wild west” of buy now, pay later (BNPL) but this could spark trouble for industry veterans in a competitive sector. The Treasury is set to bring BNPL providers under the supervision of the Financial Conduct Authority, meaning they will have to adhere to the stricter frameworks of the [...]
British ports request £120m for ‘white elephant’ Brexit border posts May 20, 2025 British ports are demanding £120m in compensation after being forced to invest millions in post-Brexit border control posts rendered “obsolete” by Keir Starmer’s new EU deal. Monday’s UK-EU trade deal committed to removing border checks on plant, animal and food imports from the EU member states. The deal was welcomed by the port industry, but [...]
Klarna, Zilch, Clearpay: What does the buy now pay later crackdown mean for UK fintech? May 20, 2025 The Treasury’s regulatory shakeup of buy now pay later services is set to reshape the UK fintech landscape and industry leaders have been left with questions. The UK government will enact legislation that brings buy now pay later firms under the scrutiny of the Financial Conduct Authority. This means firms such as Klarna and Clearpay [...]
iForex confirms London listing plans and adds City veteran to board May 19, 2025 Fintech trading platform iForex confirmed its plans for a London-lisiting on Monday morning in a major boost to the embattled market. The fintech said following an initial public offering (IPO) its shares will be traded on the main market of the London Stock Exchange. Its admission is expected in late June 2025. The firm – [...]