Barclays Bank has escaped an £80.5m fine but still must pay £72,069,400 for “failing to minimise the risk that it may be used to facilitate financial crime” relating to a £1.88 billion transaction.
Changes to the timing of auto-enrolment announced today by the Chancellor will result in a £820m tax bonus for the Treasury, a retirement expert has estimated.
Employers will have to stump up for a new levy to pay for the Government’s Apprenticeships drive.
A new crowdfunding based ‘Innovative Finance ISA’ is on course to be available next Autumn, officials have revealed this afternoon.
The Chancellor has announced he will support 600,000 small businesses by extending the small business rate relief scheme for another year.
The basic State Pension will rise by more than it has done for 15 years in real terms in 2016, the Chancellor has said this afternoon.
In an unexpected move today in his Autumn Statement, Chancellor George Osborne said he would drop planned changes to tax credits which would have seen some lower income families lose £1,000 or more a year.
George Osborne is delivering his Autumn Statement at 12.30pm today in the House of Commons – and you can follow our live blog here for all the updates.
The Chancellor is expected to touch upon a number of subjects specifically relevant to Financial Planners.
Although it is more likely he will leave major decisions such as those relating to the pension tax relief review to the April 2016 Budget, he is expected to make some important statements.
Tweet to @FPTodayNews to contribute your comments and thoughts and use the hashtag #AutumnStatement.
Old Mutual International has boosted its leadership team by snapping up a director from Legal & General Investment Management.
The chief executive of Thomas Miller Investment has resigned, the company has announced this morning.