Britain’s brokers provide evidence of a knee-high market recovery
Sales of big slugs of stock have picked up in recent months
Economic news
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North Sea executives tell Reeves windfall tax is weighing on investment
Warning comes as Harbour Energy says it will axe 100 of its offshore workforce after chancellor kept headline 78% levy
EQT weighs higher charges on large investors thanks to retail cash
Influx of money from wealthy individuals has made private equity group less reliant on traditional backers
UK pension funds dump US equities on fears of AI bubble
Public and private-sector funds concerned over market’s growing concentration in a small number of tech stocks
Barrick looks for gold in North American asset IPO
Elliott hasn’t said publicly what it wants from the gold miner but the math supports the case for a partial listing
Blackstone, Apollo and KKR sign up to UK stress test of private credit
US private capital groups to take part in Bank of England review amid concerns over systemic risks