This is the full text of Chancellor Rishi Sunak's first Budget speech delivered today in the House of Commons:
Read more ...Budget 2020: JISA allowance jumps to £9,000
- Wednesday, 11 March 2020
- Articles
The Junior ISA and Child Trust Fund allowances will be increased from £4,368 to £9,000 from April in a move to help more young people save.
Read more ...Budget 2020: FSCS and FOS may be extended to Gib
- Wednesday, 11 March 2020
- Articles
The Government is launching a consultation which could see the Financial Services Compensation Scheme and the Financial Ombudsman Service extended to all Gibraltar financial firms selling to UK consumers and businesses.
Read more ...Budget 2020: NI threshold up but income tax rates frozen
- Wednesday, 11 March 2020
- Articles
Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.
Read more ...Budget 2020: Welcome for revamp of pension taper
- Wednesday, 11 March 2020
- Articles
Chancellor Rishi Sunak is to revamp the pension taper rules which have deterred some high earners in the NHS from working extra hours.
Read more ...Budget 2020: Entrepreneur’s Relief cut could boost pensions
- Wednesday, 11 March 2020
- Articles
Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief but cut it from £10m to £1m.
Read more ...M&G set to cut 10% of jobs to boost sluggish profits
- Tuesday, 10 March 2020
- Articles
Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.
Read more ...Sanlam expands Harrogate office with new appointments
- Tuesday, 10 March 2020
- Articles
Wealth manager and Financial Planner Sanlam UK has made two senior appointments at its Harrogate office and plans to expand the hub further.
Read more ...Standard Life Aberdeen reports 10% fall in profits
- Tuesday, 10 March 2020
- Articles
Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.
Read more ...Defaqto takeover spurs growth in SimplyBiz revenue
- Tuesday, 10 March 2020
- Articles
SimplyBiz, a provider of compliance and business services to financial advisers, has reported 2019 group revenue up by 24% to £62.8m following the “successful” acquisition of data and ratings provider Defaqto.
Read more ...