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Spring Budget 2024

  • Autumn Budget: Cash ISA tax free allowance slashed to £12,000

    Personal Finance

    In a major policy shakeup, Chancellor Rachel Reeves has confirmed a slash to the cash ISA ceiling but over 65s will retain the full allowance. After weeks of speculation, Reeves confirmed the ceiling will be cut from £20,000 to £12,000 as of April 2027, as part of her bid to stop people from hoarding cash [...]

    News article image depicting a significant event or subject related to the articles general theme or context.
  • London’s commercial property sector is suffocating

    Opinion

    A combination of environmental regulations and falling office attendance means commercial property is struggling and the Spring Statement was a missed opportunity to turn it around, says Dan Drogman The UK’s commercial property sector is being strangled from all angles, and this year’s Spring Statement was a missed opportunity to relieve that pressure.  Let’s start [...]

    Ashmore suffered from a drop of appetite but is preparing for a rebound
  • Reeves: No income tax or national insurance rises if Labour win General Election

    Politics

    Rachel Reeves has ruled out increases to income tax or national insurance under a Labour government.

    Shadow Chancellor Rachel Reeves said Labour is "under no illusions about the scale of challenge Labour will inherit."
  • Jeremy Hunt promises future tax cuts if Conservatives win general election

    May 17, 2024

    Jeremy Hunt promised further tax cuts if the Conservatives win the general election as he sought to draw an electoral dividing line between the Tories and the Labour Party.

  • HS2 ‘will finish at Euston’ – but it’ll cost taxpayers another billion

    May 8, 2024

    Taxpayer cash will be used to fund a 4.5 mile tunnel linking HS2 to its Euston terminus, breaking a prior government pledge to use private sector money.

  • National Grid set to profit from Hunt’s full-expensing tax relief scheme

    April 18, 2024

    The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

  • Exclusive: Business backs Labour, new polling of UK bosses says

    April 17, 2024

    UK firms have backed Labour with a 14-point lead over the Conservatives on the question of which party is best for business.

  • Who are the tax experts advising Labour on boosting compliance and modernising HMRC?

    April 9, 2024

    A panel of tax experts are set to advise Labour on a blueprint for boosting compliance and modernising the work of HM Revenue and Customs (HMRC), the party has announced.

  • Pension giant Phoenix reportedly plotting multibillion-pound fund in boost for Hunt’s Mansion House Reforms

    April 8, 2024

    Phoenix Group, the UK's largest long-term savings and retirement business, is reportedly planning to launch a new multibillion-pound fund to invest in high-growth companies and boost pension returns.

  • Should you buy NS&I’s British Savings Bonds or Premium Bonds?

    April 6, 2024

    As the government launches its much-touted British Savings Bonds, City PM asks whether the product is worth investing in over Premium Bonds.

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