Products linked to a single equity index captured more than 70% of sales volumes in December, despite having lost market share to index baskets over the course of 2025.

An estimated £97m (US$132m) was collected from 57 publicly offered structured products in December, according to SRP data. Sales fell by around 11% compared to November; year-on-year (YoY) they increased by 15%. Issuance was down by four products month-on-month (MoM) but up by three compared to December 2024 when 54 products were available to UK retail investors. Forty-five products were available for trading on an exchange. Of these, 28 products – issued via HSBC, Barclays, Cr&ea