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Rachel Reeves set to declare all-out war on pensioners with cap on tax-free lump sum in the wake of the Winter Fuel Payment cut

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The chancellor could declare all-out war on pensioners with a cap on Lump Sum Allowance (LSA) off the back of the Winter Fuel Payment...
Bussiness

Are YOU rich enough to pay inheritance tax? How it works and the chances of a Budget raid

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Only the richest four per cent of families pay inheritance tax, but many worry they could be dragged into its net - especially if...
Bussiness

Don’t use a pension to save for retirement, do this instead

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This latter feature, which makes Isas popular with savers and largely immune...
Bussiness

Savers urged to stuff pensions and Isas before Labour’s October tax grab

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Gary Smith, financial planner at Evelyn Partners, said: “People want to lock...
Bussiness

Consumer confidence OBLITERATED as Starmer and Reeves talk down UK ahead of ‘painful’ Budget

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Fears over Rachel Reeves's impending "painful" Budget have set British consumer confidence back almost nine months.In a fresh blow for the nascent Starmer Government,...
Bussiness

Labour gloom sees consumer confidence plummet ahead of ‘painful’ Autumn Budget

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Consumer confidence took a battering in September as households worried about potential tax rises in the upcoming Budget, according to a closely-watched index. Prime Minister...
Bussiness

Pound hits two-year high as Bank holds rates at 5% – and shares soar as investors cheer jumbo Fed cut

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By Hugo Duncan Updated: 11:31 BST, 20 September 2024 ...
Bussiness

Major lenders slash mortgages as Bank of England holds rate

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The pound has risen 0.6pc against the dollar after hitting two-year highs...
Bussiness

Bank of England votes to keep interest rates at 5% due to ‘stubborn’ inflation

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The Bank of England has voted to keep the base rate at five per cent in a blow to borrowers, particularly those with mortgage...
Bussiness

Inflation update: CPI rate UNCHANGED at 2.2% with Bank of England in ‘strong position’ to cut rates

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Inflation for the 12 month to August 2024 remained unchanged from the previous month of 2.2 per cent, according to figures from the Office...
Bussiness

The 15 towns getting a banking hub – is YOUR area next to get one?

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New rules protecting cash pass into law with 15 new banking hubs...
Bussiness

Banking Hubs: A ‘wholly inadequate’ solution to branch closures as communities still left without 24/7 ATM services

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Britain's banks have agreed to establish 350 new banking hubs over the next five years, however, an expert has warned that this initiative is...
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