Finance in the News – w/c 05.11.18


Short summaries of articles we think you will find useful from some of the weekend’s broadsheets.


“Four ways the pre-Brexit Budget could trip the wealthy”
There remains the risk of the Chancellor being forced to raise taxes if Brexit negotiations go awry. Mr Hammond himself said at the despatch box that he was “confident, but not complacent” about a deal being secured, and that the Spring Statement next March could be upgraded to a “full fiscal event” if necessary.
“Are you being short-changed by your insurer?”
The City watchdog announced plans for a potential crackdown on the UK’s £78bn general insurance market this week to probe whether customers are getting a fair deal.
“Budget 2018: What does it mean for your money?”
Commentary on the announcements made on tax rates, stamp duty relief and social care funding.
“Pension funds fail to insulate against climate-change risks”
A report addressing the facts that few UK schemes have specific policy covering effect of global warming on investment returns.
“UK business leaders call for ‘people’s vote’ on Brexit deal”
A letter signed by 70 corporate figures says country faces a ‘blindfold or a destructive hard Brexit’.


“Why entrepreneurs may still lose their tax breaks”
The Times looks at how infrastructure funds and small businesses will be affected by the chancellor’s changes.
“Theresa May’s secret Brexit deal”
Senior sources say the prime minister has secured private concessions from Brussels that will allow her to keep the whole of Britain in a customs union, avoiding a hard border in Northern Ireland.
“Landlords face £10bn tax blow while tenants pay the price”
A four-pronged attack on buy- to-let investors will net the Treasury almost £12bn by 2024, new analysis reveals


“Stamp duty: How much will ordinary buyers pay?”
The Telegraph has been calling on the Government to address stamp duty issues that are blocking all types of buyers and sellers and holding back the property market.
“Is there light at the end of the tunnel for buy-to-let landlords?”
As government changes put pressure on landlords, mortgage lenders have become increasingly desperate for business, launching a string of extraordinary offers in an attempt to gain the custom of the property investors who remain in the market.


“Northern England house prices to rise at faster rate than London”
House prices are forecast to rise strongly in northern England, the Midlands, Wales and Scotland over the next five years, far outstripping London’s single-digit rate.
“Are you caught in the 60% tax trap?”
Budget changes will hit those earning between £50,000 and £60,000 with children.


“Inheritance and capital gains tax take to soar.”
The amount families will pay in inheritance and capital gains tax is set to soar as the Government pummels the middle class, Budget documents show.

Please note that, due to copyright, we are no longer able to include a direct link to the newspaper article.


Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.

You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.


Other News

ISAs: 25 Years On

When they first appeared, in April 1999, ISAs were seen largely as a rebranding by the then Labour Chancellor, Gordon Brown, of two schemes introduced by his Conservative predecessors: Nigel Lawson (Personal Equity Plans – PEPs) and John Major (Tax Exempt Special Savings Accounts – TESSAs). Since that far off day, ISAs have undergone many changes.

How to talk to teenagers about money

The right financial education can make your children feel more confident about money so, when they are older, they have the knowledge and skills to meet their financial goals.

Podcast: How markets perform when rates are cut

In the latest Investor Download, Duncan Lamont, Head of Strategic Research at Schroders, takes us through what happens in markets when interest rates are cut.