Rachel Reeves’s inheritance tax changes encourage more people to invest in previously unloved product

The government’s “inheritance tax raid” on pensions has helped drive sales of retirement annuities to new highs.

Industry data this week revealed they enjoyed a “record-breaking” 2025, with sales growing by 4% to £7.4bn and the average amount invested in an annuity surpassing £80,000 for the first time.

A family struggled to rebuild their lives after an abusive marriage ended in tragedy and financial ruin

Family life ended for Francesca Onody on a late summer evening in 2022 when her abusive husband doused their cottage with petrol as police arrived to arrest him. She and her children escaped seconds before the building exploded. Her husband Malcolm Baker died in the blaze.

That night, Onody lost her husband, her home, her pets and her possessions.

The firm remains confident even as the market flips from seeing it as an AI winner to fearing its profit margin will implode

As the FTSE 100 index bobs along close to all-time highs, it is easy to miss the quiet share price crash in one corner of the market. It’s got a name – the “Claude crash”, referencing the plug-in legal products added by the AI firm Anthropic to its Claude Cowork office assistant.

This launch, or so you would think from the panicked stock market reaction in the past few weeks, marks the moment when the AI revolution rips chunks out of some of the UK’s biggest public companies – those in the dull but successful “data” game, including Relx, the London Stock Exchange Group, Experian, Sage and Informa.