Budget

Chancellor presses regulators to do more to boost growth

Chancellor Rachel Reeves is today pressing regulators to do more to boost UK growth in the face of disappointing GDP figures.

FSCS set for major levy increase in 2025

The Financial Services Compensation Scheme (FSCS) has managed to keep management expenses for the coming year under control but still faces imposing a £129m levy increase in 2025/26.

4 in 5 financial advisers unhappy with Budget

Eight in 10 financial advisers (79%) are unhappy with the measured announced in the Budget, according to a survey.

Investors confused by Reeves’ Budget

A quarter (26%) of investors didn’t understand the changes made by the Chancellor in the Autumn Statement, according to research published today.

Estates hit by IHT could nearly double by 2030

The proportion of deaths subject to Inheritance Tax (IHT) could nearly double from 5.1% to 9.5% by the end of the decade after the Budget changes, Office of Budget Responsibility (OBR) figures appear to suggest.

Budget: Inherited pensions face IHT from April 2027

From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.

Budget: Inflation target to remain at 2%

Chancellor Rachel Reeves says the CPI inflation target will remain at 2%, the long-term Bank of England target.

Budget: State Pension to rise 4.1% in April

The State Pension will rise by 4.1% in April when the Triple Lock is implemented in full, the Chancellor said today in her Budget.

Budget: Employers' NI rises as tax take grows

Employers' National Insurance will rise from 13.8% to 15% in April but Employee National Insurance will remain unchanged, Chancellor Rachel Reeves announced in her Budget today.

Budget: Non-dom exodus predicted as status is scrapped

Wealthy non doms living in the UK may head for the exit after the Chancellor announced she would end non-dom status, a law firm partner has warned.

Budget: Planners expect 'complex advice' demand to rise

Financial Planners have mostly reacted with relief to the Budget but many have predicted the numerous taxation changes will fuel demand for advice.

Chancellor may be planning IHT raid – reports

The Chancellor is planning to increase the amount of money the Treasury raises from inheritance tax (IHT) in its upcoming Budget, according to reports.

People raiding pension pots over Budget tax fears

Rumours of a tax rise in the Budget have encouraged 16% of people to consider raiding their pension pots for tax-free cash, according to new research.

39% CGT Budget threat may change investor behaviour

Quilter Financial Planning expert Rachael Griffin has warned that a rumoured near doubling of the Capital Gains Tax to 39% in the Budget could alter investor behaviour.

Pension tax relief could be targeted by Chancellor

Chancellor Rachel Reeves is likely to take a close look at pension tax relief as she looks at ways to raise money for the Treasury in her first Budget next month, consultants LCP have warned.