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The Latest Breaking News from Hargreaves Lansdown

‘Dickensian Christmas’ warning as households report going cold and hungry

Some 17% of adults said they were eating food past its “use by” date, the Office for National Statistics said.

The Independent UK

More life-changing Premium Bonds prizes up for grabs from January

The prize fund rate will increase from 2.20% to 3.00%, with more opportunities to win life-changing sums of cash.

The Independent UK

Pension expert issues warning to all married women approaching retirement age

New research suggests that less than a quarter of women could cope financially without a partner’s pension in retirement.

Daily Record

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Shares in Manchester United and Fevertree hit performance for City fund star Nick Train

Bad bets on Manchester United, Fevertree and Hargreaves Lansdown shares are increasing the pressure on star City fund manager Nick Train, who today reported tumbling returns at his Finsbury Growth and Income Trust.

Evening Standard

'Pressure on' H&M to compete with Primark and Boohoo as it cuts 1,500 jobs

H&M said the move is part of a 'global programme to reduce costs and further improve efficiency in the business'

Birmingham Post

£209m handed back to retirees owed state pension payments

The amount paid back so far is a ‘drop in the ocean’ when compared to the nearly £1.5 billion estimated to have been underpaid, one expert said.

The Independent UK

Weir and abrdn set to rejoin FTSE 100

Meanwhile, Harbour Energy looks likely to fall out of the top group of London-listed businesses

Insider UK

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‘Sigh of relief’ for pensioners as triple lock is confirmed for next April

Chancellor Jeremy Hunt confirmed that the state pension will be uprated in line with inflation at 10.1% from April 2023.

The Independent UK

Everything you need to do NOW to protect your money ahead of Autumn Statement

The Autumn Statement is set to confirm about £21billion of tax rises and £33billion of public spending cuts a year by 2027/28, to try and fill the £54billion black hole

Daily Mirror

Revealed: UK local councils deposit taxpayers’ cash in Qatar state bank

Town halls and finance firms say they support LGBT rights but send money to World Cup host where homosexuality is illegal

The Guardian - UK

Pension death benefits could go to the wrong person if crucial detail is not checked and updated

Not updating your pension details could lead to someone you no longer have contact with getting money.

Daily Record

Households ‘face double whammy of soaring interest rates and sky-high inflation’

A ‘toxic mix’ of high prices, falling real incomes, and soaring borrowing costs is battering household finances, experts said.

The Independent UK

£26.6bn sitting in 3m lost pension pots - how to check if any of the money is yours

The average amount in lost pensions is just over £9,400 per person.

Daily Record

Adam Norris: e-scooters to be legalised in 'next 12 months'

The millionaire businessman spoke to BusinessLive about his latest venture Pure Electric, how his global ambition was constrained at Hargreaves Lansdown and passing on his hard work ethic to Formula One driver son Lando

Birmingham Post

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The Guardian - UK

UK asset managers warn of tough times as investors pull or divert cash

Firms such as Jupiter and Schroders suffer net outflows as inflation, economic uncertainty and Ukraine war weigh on investors

France 24

UK inflation back at 40-year high as households struggle

Inflation in the UK has spiked back to its 40-year high of 10.1% as households and businesses continue to struggle with soaring food and energy prices. The data come "despite the Bank of England trying to turn down the heat on this bubbling pot of prices", says Susannah Streeter, Senior…

The Independent UK

Pensions set for bumper increase after Truss says triple lock is being protected

Prime Minister Liz Truss insisted ‘we are protecting the triple lock on pensions’.

Daily Record

State Pension Triple Lock uncertain as Jeremy Hunt refuses to confirm its return for April uprating

Prime Minister Liz Truss has previously stated her commitment to the return of the Triple Lock.

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The Guardian - UK

The dismantling of Trussonomics: PM’s last redoubt bites the dust

Liz Truss’s one remaining ‘growth-fuelled’ policy, the energy price guarantee, failed to survive Jeremy Hunt’s brutal cull

Daily Mirror

Warning as savers lose £7.4billion a year by placing money in wrong bank account

Investment platform Hargreaves Lansdown explains how failing to switch your savings accounts could leave you with miserable interests rates - and cost savers billions

Birmingham Post

Hargreaves Lansdown facing lawsuit over Neil Woodford fund collapse

The Bristol-based company is being sued by claims management business RGL on behalf of 3,200 investors who lost money

The Independent UK

Nearly half of people ‘have not switched savings accounts in past five years’

Women are less likely to have switched their savings account than men, according to Hargreaves Lansdown.

Evening Standard

Hargreaves boss to stand down amid wider market turmoil

CHRIS Hill today said he would quit asset manager Hargreaves Lansdown, a move that comes amid wider turmoil in the sector.

Birmingham Post

Hargreaves Lansdown chief executive Chris Hill to step down

He has been at the helm of the Bristol-based financial services firm since 2017

The Guardian - UK

Hargreaves Lansdown hit by lawsuit on behalf of Woodford fund investors

Claim brought on behalf of initial 3,200 investors caught up in collapse of Neil Woodford’s equity income fund

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