Financial Services

Citi has downgraded Legal & General from 'neutral' to 'sell' on Monday, citing concerns over its valuations, noting shares are up 19% year-to-date. The bank cut its price target from 251p to 245p. The firm announced it was cutting its 2026-27b remittances by 4.5% following its first-half results

Andy Burnham has suffered a major blow after economic heavyweights who were advising him ahead of the Makerfield by-election decided against joining his government following disagreements over potential wealth taxes. Former Goldman Sachs executive Lord Jim O'Neill was reported to have been in discus

Hampden Bank chief executive Tracey Davidson's bet on riding out two years of falling profit is starting to pay off, with the private bank reporting a 91% jump in first-half earnings. Profit before tax for the six months to 30 June 2026 came in at £4.7 million in its unaudited accounts against

Hargreaves Lansdown will order its staff to return to the office for three days a week. Bosses at the UK's largest DIY investment firm will demand that employees return to the workplace shortly after the firm completes its move to the new Bristol office.