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October 30, saw Chancellor Rachel Reeves deliver her first Budget, which she said will raise £40 billion in taxes. There were significant changes to note regarding Capital Gains Tax, Inheritance Tax, National Insurance, Business Tax and Non-Doms.
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08 Nov 2024
The Bank of England has cut interest rates for the second time this year as expected.
07 Nov 2024
Nearly half UK of adults have not written a will, nor are they currently in the process of doing so, according to research published by insurer Canada Life.
06 Nov 2024
The Treasury's bank referral scheme secured loans for just one in 20 companies, a review has revealed.
05 Nov 2024
The extra costs of the increase in employers' National Insurance contributions (NICs) could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.
04 Nov 2024
Commenting on Chancellor Rachel Reeves' recent Autumn Budget, the International Monetary Fund (IMF) stated the tax increases announced will 'boost growth sustainably'.
01 Nov 2024
Reacting to Chancellor Rachel Reeves' Autumn Budget, think tank the Resolution Foundation has warned that the measures announced 'are only the first step in what's required to boost living standards'.
31 Oct 2024
Chancellor Rachel Reeves delivered her 2024 Autumn Budget speech yesterday, outlining a range of financial measures.
Chancellor Rachel Reeves used her Autumn Budget to increase the Employment Allowance from £5,000 to £10,500.
30 Oct 2024
Chancellor Rachel Reeves pledged to 'invest, invest, invest' to drive growth and 'restore economic stability' in the Autumn Budget.
Addressing the House of Commons, Chancellor Rachel Reeves used the 2024 Autumn Budget to 'fix the foundations to deliver on the promise of change'.