4+ day, 10+ hour ago   (549+ words) AJ Bell has called on Chancellor John Healey to commit to pension tax stability to avoid another round of damaging speculation about tax-free cash ahead of the October Budget. The firm shared its Budget submission to the Treasury today, highlighting…...

6+ day, 11+ hour ago   (359+ words) More ordinary estates have been pulled into IHT The UK Government is on course to raid a record £14.3bn in inheritance tax from UK families by 2029/30, according to the Office for Budget Responsibility. The nil-rate band has been frozen at £325,000 since…...

6+ day, 9+ hour ago   (459+ words) Chancellor of the Exchequer John Healey Chancellor John Healey has claimed growth is at the “heart of fiscal challenges” facing the UK, as he refused to rule out tax rises ahead of his maiden Budget next month. The Chancellor ignored…...

1+ week, 5+ day ago   (412+ words) John Healey and Andy Burnham have been urged not to introduce a new bank levy A Budget tax raid on British banks would hand a competitive gift straight to rival global financial centres, according to the chief executive of one…...

1+ week, 6+ day ago   (230+ words) The firm's funds were impacted by the Airband collapse Aberdeen Investments will take a £200 million hit at two of its infrastructure funds following the collapse of UK broadband provider Airband. The firm said its Standard Core Infrastructure II SCSp Fund…...

1+ week, 6+ day ago   (277+ words) Treasury officials have presented Chancellor John Healey with a plan to tax oil firms and banks to help rebuild his £22.7bn fiscal buffer, according to reports. Officials believe that a new windfall tax on banks and a further increase on oil…...

2+ week, 4+ day ago   (194+ words) Scottish Financial News Trade minister Anas Sarwar vows to back Scotland’s financial services sector after Edinburgh meeting Anas Sarwar met with BlackRock and other financial leaders in Edinburgh Anas Sarwar has pledged his commitment to Scotland’s financial services sector following…...

2+ week, 4+ day ago   (418+ words) The Bank of England is facing scrutiny over its approach to unwinding quantitative easing The Bank of England has been urged by economists to halt its bond-selling programme, arguing it is driving up the government’s borrowing costs at the expense…...

2+ week, 6+ day ago   (254+ words) Saba Capital has returned to target another Scottish trustNew York hedge fund Saba Capital has demanded board changes at Baillie Gifford US Growth Trust. The Edinburgh-based trust received a requisition notice from Saba Capital Management which wants shareholders to back…...

2+ week, 6+ day ago   (299+ words) Adam Peters, head of UK retail at Alliance Bernstein US asset management giant AllianceBernstein reveals ambition to grow its foothold in the UK retail business over the next five years. The firm with more than £666bn of assets under management worldwide…...