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ultra high net worth

  • Mind the Split: London is the best city to be a divorce lawyer

    Legal

    London’s reputation as the divorce capital of the world looks set to grow after a recent court ruling paved the way for more foreign cases to be heard in the city. Litigation-focused law firm Stewarts has expanded its high-net-worth practice to meet rising demand for complex, high-value divorce work. High-profile, high-net-worth divorces collect media headlines [...]

    London is the best city in the world to be a divorce lawyer," says Stephen Foster, head of divorce and family at Stewarts
  • HSBC UK beefs up wealth arm with ‘generational’ bet

    Banking

    HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told City PM, in partnership with the London Business School. The bank’s [...]

    HSBC's new wealth office launched earlier this year.
  • UK government should be more like Trump, says top entrepreneur

    Entrepreneurship

    The government’s tax squeeze on businesses and ministers’ lack of private sector experience shows that the “political system is broken” in the UK, a top entrepreneur has claimed. Edward Lovett, founder of luxury online auction house The Collecting Group, launched a damning assessment of the business environment in Britain under Labour, telling City PM that [...]

    Entrepreneur Edward Lovett of The Collecting Group (image courtesy of The Collecting Group)
  • Rich people’s problems: Confidence in economy hits record low among wealthy Brits

    February 13, 2025

    Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]

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