The woes of Hargreaves Lansdown, Britain’s DIY-investing titan
A 17-year stint on the London Stock Exchange may soon come to an end
On the face of it, Hargreaves Lansdown is still mightily successful. The financial-services firm enables British savers to buy shares, bonds and funds directly, as well as invest in tax-free vehicles and manage their pensions. A business that began with a borrowed typewriter in a spare bedroom in 1981 now has 1.8m clients, many of them wealthy baby-boomers. It boasts a 36% share of Britain’s do-it-yourself investment market and manages £142.2bn ($180bn) in assets under administration, dwarfing rivals such as AJ Bell, which oversees £80.3bn.
Explore more
This article appeared in the Britain section of the print edition under the headline “Deplatforming”
Britain July 6th 2024
- Labour’s landslide victory will turn politics on its head
- The inheritance awaiting Britain’s next government
- The woes of Hargreaves Lansdown, Britain’s DIY-investing titan
- Nukes and King Charles—but no door key
- A prime minister, a plotter and others say farewell as British MPs
- A weekend with Gareth Southgate and friends
- What now for Britain’s right-wing parties?
From the July 6th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
British MPs vote in favour of assisted dying
A monumental social reform is closer to being realised
The slow death of a Labour buzzword
And what that says about Britain’s place in the world
Britain’s Supreme Court considers what a woman is
At last. Britons had been wondering what those 34m people who are not men might be
Can potholes fuel populism?
A new paper looks at one explanation for the rise of Reform UK
Are British voters as clueless as Labour’s intelligentsia thinks?
How the idea of false consciousness conquered the governing party