We now have a clear understanding of how much the main State Pension will increase next April. That the State Pension triple lock was not going to change was a consistent commitment in the election manifestos of all major political … Continue reading →

Financial Conduct Authority (FCA) publishes a review of the cash savings market following evidence of some dubious tactics at work. While the use of paper cash is declining as a means of payment, the need to retain a cash reserve … Continue reading →

With a ‘black hole’ of £22 billion to fill, there are plenty of groups giving Rachel Reeves advice. The Fabian Society published a report on taxation on August Bank Holiday Monday. While their main audience is in Scotland, which has … Continue reading →

Many chancellors ago, in November 2016, Philip Hammond announced an end to spring Budgets and their replacement with autumn Budgets. At the time it seemed a sensible idea to allow changes in tax to be legislated before the start of … Continue reading →

August saw the first cut in UK interest rates since March 2020. Source: Bank of England On 1 August, the Bank of England cut its bank rate by 0.25% to 5.00%, the first cut made since the early days of … Continue reading →