Iain Withers

Britain's underfunded public defence plans are deterring private investors and driving contractors overseas, a former military chief has told Reuters, amid a row over military ​spending that led the defence minister to quit on Thursday.

Vanguard will expand its product ‌range for everyday investors in Europe, aiming to roughly double its regional assets to $1 trillion within five years and become Britain's biggest retail investment platform, its head of Europe told Reuters.

Some British pension funds have been asked to ​put up more cash against hedging positions after a sharp selloff in UK government bonds, two ‌pensions advisers told Reuters, though the impact so far has been far more limited than during the crisis that torpedoed the premiership of Liz Truss.

Construction of new office space in ​Europe has slumped to its lowest in a decade, even as rents in prime locations hit ‌record highs, research shows, deepening a supply crunch that is forcing many occupants to stay put.

Nuveen's 9.9 billion pound ($13.3 billion) deal to buy Schroders undervalues the UK money manager, Schroders shareholder J O Hambro said on Thursday, as one of the company's other investors Tikehau Capital confirmed it had sold out.

Weakening profit margins at private credit borrowers globally will likely lead to further loan defaults in 2026, credit rating agency Morningstar DBRS said on Tuesday, as it reaffirmed its negative outlook for the fast-growing sector.

British investors were net sellers of stocks for a record-extending sixth consecutive month in November, data from funds network Calastone showed on Thursday, as fears the government would cut tax advantages for investments in its closely-watched budget contributed to the cash-out.

JPMorgan Chase & Co will build a tower in London's Canary Wharf financial district, unveiling plans on Thursday to invest billions of pounds on the heels of a budget that sought to boost Britain's finances and growth.

Qatar's sovereign wealth fund is revising plans for a revamp of its HSBC skyscraper in London's Canary Wharf to retain more office space, prompted by a global rebound in demand as companies mandate a return to the office, two sources told Reuters.

Saudi luxury real estate developer Dar Global hopes to fund much of its latest Trump hotel in the Maldives by selling blockchain-based crypto tokens to U.S. retail investors, its CEO told Reuters on Tuesday.