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  • Experts welcome surprise GDP growth of 0.5%

    UK GDP showed surprise growth of 0.5% in February - an increase that has been welcomed by industry experts as a sign of a stronger economy than expected.

  • Experts welcome potential ‘softening’ of non-dom crackdown

    Financial Planning and tax experts have welcomed comments this week from Chancellor Rachel Reeves at the Davos World Economic Forum that she may soften a Budget crackdown on non-dom individuals.

  • 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.

  • Latest GDP data shows weakening economy

    Latest data from ONS out today reveals that UK real gross domestic product (GDP) is estimated to have shown no growth in Q3 (July to Sept) 2024.

  • 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.

  • Budget: Full text of Chancellor Rachel Reeves' speech

    Full text of Chancellor Rachel Reeves' Budget speech to House of Commons on 30 October 2024. This is the text of the speech as published by the Treasury, some minor changes to actual deliver may have been made and some political comments have been redacted by the Treasury.

  • 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.

  • IMF upgrades UK growth forecast

    There was good news for the government today ahead of next week's Budget after the International Monetary Fund upgraded its UK GDP forecast for 2024 to 1.1%, up from 0.7% in July.

  • Advisers see surge in enquiries due to Budget jitters

    Financial advisers have reported a surge in worried clients contacting them with Budget-related questions on pensions taxation and wealth management, a survey has revealed.

  • Pension tax relief reforms scrapped: reports

    Chancellor Rachel Reeves has stepped back from plans to introduce a flat rate of tax relief, according to newspaper reports.

  • Editor’s Comment: Penny off a pint? Err, cheers

    I hope you are enjoying your penny off a pint of beer, as proclaimed in the Budget, possibly the most pathetic 'giveaway' announced in any Budget I can recall.

  • Labour policies will enhance economy, say fund groups

    Seven out of 10 fund groups (69%) expect Labour’s policies to be beneficial to UK economic growth, according to Quilter Investors’ latest Investor Trends Survey.

  • Rachel Reeves

    Reeves 'honoured' to become first female Chancellor

  • The new FCA listing rules will come into force on 29 July.

    FCA simplifies company listing rules

  • Rachel Reeves

    Chancellor urged to merge ISAs

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