Chancellor Rishi Sunak has avoided increasing income tax rates, as some feared, but has frozen income tax and other thresholds until 2026 meaning people will likely pay more tax as earnings rise.

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Chancellor Rishi Sunak announced plans in his Budget today to raise Corporation Tax from 19% to 25% from 2023.

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Private bank and Financial Planning firm Brown Shipley has promoted   Rebecca Williams to head of wealth planning with immediate effect.

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US wealth management fintech AssetMark Financial Holdings has acquired cashflow modelling software firm Voyant in a £104m deal.

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Wealth manager Tilney Smith & Williamson has acquired Surrey Financial Planner HFS Milbourne which has approximately £450m of client assets under influence.

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Chancellor Rishi Sunak is expected to make protecting jobs and business - and boosting recovery chances - core elements of his Budget set to be announced in the House of Commons at 12.30 pm today.

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Blue Gate Capital has entered liquidation following censure from the FCA over investors who lost money investing in the Connaught Income Fund.

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Royal London has acquired fintech firm Wealth Wizards from Liverpool Victoria for an undisclosed sum.

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Investment platform AJ Bell Investcentre has launched a responsible managed portfolio service range for financial advisers.

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Private equity firm Flexpoint Ford has increased its acquisition bid for Financial Planning group AFH Financial.

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