Download IPFS Chancellor Rachel Reeves has urged the financial sector to stop focusing solely on the dangers of investing in stocks and shares, advocating for a more balanced approach to help unlock private capital and support the broader economy. Speaking at the annual Mansion House dinner in the City of[Read More…]

Download IPFS Wealthy families across the United Kingdom are increasingly relying on life insurance to soften the impact of sweeping inheritance tax reforms introduced in the latest Budget. Financial advisers and brokers report a sharp rise in demand for policies designed to shield heirs from sudden and substantial tax bills.[Read More…]

Download IPFS His Majesty’s Revenue and Customs is struggling to monitor how much tax the wealthiest individuals pay, according to a cross-party group of lawmakers. The findings have renewed calls for better data and stronger enforcement to ensure fairness in the system. A recent report from Members of Parliament revealed[Read More…]

Download IPFS A cross-party committee of Members of Parliament has urged the United Kingdom Government to consider increasing the Scottish Government’s borrowing limits, arguing that current restrictions limit Scotland’s capacity to manage economic pressures effectively. The Scottish Affairs Committee, which conducted an extensive inquiry into Scotland’s fiscal arrangements, concluded that[Read More…]

Download IPFS United Kingdom Chancellor Rachel Reeves has unveiled plans to revamp the country’s banking regulations, a move that many industry observers see as an unnecessary concession to the financial sector. While the proposals are being framed as a step toward modernising oversight, critics argue they mainly target a framework[Read More…]

Download IPFS Peterborough City Council faces renewed scrutiny after auditors flagged serious risks surrounding a multimillion-pound loan intended to fund a Hilton hotel that remains incomplete years after construction first broke ground. In 2017, the council borrowed £15 million from the central government to lend to a private developer for[Read More…]

Download IPFS Britain’s foreign aid spending has dropped substantially as the nation channels an unprecedented share of taxpayer funds into housing and supporting asylum seekers, according to the latest official review. A government spending watchdog has revealed that nearly a fifth of the United Kingdom’s (U.K.) international aid budget is[Read More…]

Download IPFS Chancellor Rachel Reeves is set to announce a new wave of financial reforms during a visit to Leeds, aimed at easing homeownership for working families and bolstering economic growth through regulatory change. The announcement comes ahead of her first Mansion House speech as Chancellor of the Exchequer. The[Read More…]

Download IPFS Christchurch Town Council has come under scrutiny after admitting to major financial errors, including a failure to register for Value Added Tax (VAT), raising concerns about oversight and accountability. A series of discrepancies emerged when council officers discovered the mistakes, which dated back over a year. The council[Read More…]

Download IPFS British finance minister Rachel Reeves is set to outline policies to make mortgages more attainable, a move presented as part of sweeping financial reforms to jump-start the United Kingdom’s sluggish economy. In a speech at London’s Mansion House, Reeves plans to confirm that the government will permanently maintain[Read More…]