Economy
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Government scraps tax rule changes for contractors: business respond with relief, but fundamental problems remain – comment from Pinsent Masons
Penny Simmons, Legal Director at Pinsent Masons, the multinational law firm, says that today’s scrapping of proposed changes to the tax rules…
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Some clarity emerges as markets remain in a holding pattern
By Kristina Hooper, Global Market Strategist, Invesco Markets remain in a holding pattern on several key issues, but the past week has…
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Gilt yields fall after successive government U-turns but remain higher than before the mini-budget
Written by Laith Khalaf, head of investment analysis at AJ Bell There has undoubtedly been some relief in fixed income markets today,…
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Reports of delay to bond sale ‘inaccurate’ – BoE
The Bank of England appeared to deny reports on Tuesday that it wanted to delay selling billions of pounds of government bonds.…
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Calculus on Chancellor Hunt showing the government’s ongoing support for entrepreneurs
John Glencross, CEO and Co-Founder of Calculus has commented on Chancellor Hunt showing the government’s ongoing support for entrepreneurs. He Said: “Chancellor…
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Chancellor’s intervention ‘stopped the economic bleeding’ says think tank
Jeremy Hunt’s intervention which has seen the reversal of Prime Minister Liz Truss’s economic plans has ‘stopped the economic bleeding’ of Britain,…
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Hunt sounds death knell for Trussonomics as vast majority of tax cut plans axed
Cut to basic rate of income tax ditched, costing taxpayers up to £377 Changes take us ‘back to square one’ on pension…
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Mini-Budget U-turn: “The age of the saver may be back.” – reaction from brokers and IFAs
Following the impact of today’s political announcement on borrowers and savers, a selection of IFA and Brokers have commented. Samuel Mather-Holgate of…
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Jeremy Hunt’s emergency statement sweeps away Kwarteng plans in attempt to stabilise the markets – reaction
This morning, Chancellor Jeremy Hunt MP has confirmed in a brief statement, that the much-rumoured reports that all areas of Kwasi Kwarteng’s…
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Is IHT reform now on the cards? – Legal Comment
With Liz Truss’s home borough of Greenwich barely making the top 100* of local authorities’ contributions to Government coffers for inheritance tax,…
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