From Mega-Mergers to National Investments. Here’s what stood out from the last 7 days.

TOP HEADLINE

Britain’s labour market just earned a distinction nobody wanted. UK unemployment climbed 0.8 percentage points to 5.2% between late 2024 and the end of 2025, making it the steepest rise among all G7 nations. Roughly 300,000 people lost their jobs in just twelve months.

For context, France managed a 0.6pp increase. Germany? Just 0.5pp. So what’s going wrong on this side of the Channel — and should you be worried? Let’s break it down.

FEATURED BUSINESS NEWS

Standard Life just dropped £2 billion on Aegon UK, and it’s reshaping Britain’s retirement savings landscape. The Standard Life Aegon deal pairs two heavyweight players into the UK’s second-largest retail pensions and savings platform, managing roughly £480 billion in assets. With 16 million customers now under one roof, this isn’t just corporate news—it signals a serious shift in how big finance is consolidating around your retirement pot.

The UK’s nuclear ambitions just got a serious funding boost. Chancellor Rachel Reeves has committed £599m from the National Wealth Fund to Rolls-Royce’s Small Modular Reactor (SMR) programme—a move that signals serious intent on energy security and net zero. Working alongside Great British Energy, this investment backs a technology that could transform how Britain powers itself. Each Rolls-Royce SMR generates 470MW, and the programme is expected to create 1,000 jobs. Here’s why this matters for your energy bills, jobs, and the UK’s standing as a tech powerhouse.

MORE BUSINESS UPDATES

MARKETS NEWS

War in the Middle East. Oil prices through the roof. A downgraded global growth forecast. And yet — the S&P 500 just hit an all-time high.

The index closed at 7,022 points on 16 April, up 0.8% and blowing past its previous January 2026 peak. The Nasdaq Composite wasn’t far behind, surging 1.6% to crack 24,000 for the first time ever. If you thought geopolitical chaos would tank stocks, Wall Street had other plans. Here’s what’s actually going on.

FEATURED CRYPTO NEWS

Morgan Stanley just made a statement: Bitcoin alone isn’t enough. On Wednesday, the Wall Street giant launched its spot Bitcoin ETF, raking in roughly $46 million in net inflows on day one with a lean 0.14% expense ratio. But here’s the thing—this is just the opening move. With $9.3 trillion in client assets under management, Morgan Stanley crypto expansion is going much further. The bank filed for Ethereum and Solana ETFs back in January. Its digital-asset strategy chief Amy Oldenburg put it plainly: “We’re not going to stop at just Bitcoin.” So what’s next?

PERSONAL FINANCE UPDATE

Nearly £144 million in tax rebates are sitting in people’s back pockets—literally. Last year, HMRC issued over 1.7 million HMRC tax rebate cheques, and almost 178,000 of them never made it to the bank. That’s roughly £800 per uncashed cheque, and it’s a problem that screams “we need to go digital, fast.” The taxman’s sluggish shift to online payments is costing taxpayers both time and money. Here’s what you need to know about why these rebates are going unnoticed and what’s actually happening to fix it.

THAT’S ALL FOLKS

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