Interest Rates Cut

Interest Rates Cut

BREAKING NEWS Bank of England have just cut interest rates by a .4% to 4.75%. This continues the falls from their height of 5.5%, and will relieve some pressure on borrowers. Andrew Bailey, Governor of the Bank of England, said: “Inflation is just below our 2 per cent...
Trump is in, what now?

Trump is in, what now?

Trump is the 47th President of the United States On Wednesday morning, Donald J Trump won Wisconsin, taking 270 electoral college votes clinching the presidency. Sir Keir Starmer was quick to congratulate Mr Trump, understandably keen to build bridges with the new...
Pension Tax up to 67% and other Key Changes from Rachel Reeves first Budget

Pension Tax up to 67% and other Key Changes from Rachel Reeves first Budget

Rachel Reeves has finally given her maiden budget speech after much speculation and debate over what constitutes a ‘working person’ and whether increasing employer NI contributions would be a breach of the Labour manifesto. So, what changes have been announced and how...
How will IHT be paid on pensions in probate?

How will IHT be paid on pensions in probate?

Will the Inheritance tax reforms in the budget affect pensions in probate? HMRC released the following on their site on 30th Oct ‘Autumn Budget 2024: the government announced several measures to reform Inheritance Tax. This included a measure to bring most...
Interest Rates Cut

Will the Budget kickstart Growth?

Will the economy grow? The UK’s Autumn 2024 Budget introduced by Chancellor Rachel Reeves aims to support economic growth, though its potential for a short-term economic boost is seen as limited by many experts. This budget is primarily focused on stabilising the...