UK Gross Domestic Product rose by 0.5% in October following a 0.6% drop in September.

Chancellor Jeremy Hunt will drag more taxpayers into the 45p additional tax rate by cutting the income tax threshold, he announced in his Annual Statement today.

The cost to the Government of Pensions Tax Relief rose to an estimated £42.7bn in 2020/21 - up £11bn in four years.

Financial services company Mazars, which has a substantial UK Financial Planning arm, has launched a global rebrand.