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News
How grieving families paid £315m in tax on gifts in just one year
1+ day, 7+ hour ago (48+ words) This is Money How grieving families paid £315m in tax on gifts in just one year - See more This is Money on Google - save us as a Preferred Source By LUCY EVANS, SENIOR MONEY REPORTER...
Bank of England boss urged to pause bond sales costing the UK £100bn
1+ day, 15+ hour ago (763+ words) The Bank of England is under growing pressure to pause a controversial debt-selling programme that is set to cost the taxpayer over £100billion. It comes as the Bank’s Monetary Policy Committee is expected to keep interest rates on hold this week…...
More Britons still paying for a mortgage or rent in retirement
4+ day, 22+ hour ago (1140+ words) Ticking timebomb for 6million Britons who say they don't know how they'll afford rent or pay mortgage in retirement This is Money...
Death raid threat to family-run factories as more mull selling up
1+ week, 4+ hour ago (315+ words) Family-run manufacturers are looking at selling up rather than risk an inheritance tax clobbering, a report has found. Four-fifths of owners worry about the change in Business Relief that sees them charged a 20 per cent levy on inherited assets over…...
Labour must stop taxing stores to oblivion to save the High Street
1+ week, 1+ day ago (757+ words) We have to find a way of reviving the High Street. We all know this, and it is profoundly depressing to walk down a once-thriving town centre, only to see a string of boarded-up storefronts, interspersed with a few charity…...
My son has lost his independence thanks to banking desert
1+ week, 4+ day ago (1202+ words) By SOPHIE WARBURTON, MONEY REPORTER Banks across the country are vanishing into thin air. Between January 2015 and December 2024, 6,609 bank and building society branches closed, figures from consumer watchdog Which? show - and more are being shuttered by the day. Many customers…...
NatWest is offering a £500 Premier switch bonus - should you sign up?
1+ week, 5+ day ago (511+ words) By SAM BROMLEY, MONEY & CONSUMER GUIDES WRITER NatWest has launched a £500 welcome bonus for customers switching to one of its Premier bank accounts. This matches a Premier deal from HSBC, but that one has an extra £290 cashback on the table…...
English wine sales surpass Christmas peak after record-breaking summer
1+ week, 5+ day ago (447+ words) By ANGHARAD CARRICK, BUSINESS NEWS EDITOR English vineyards enjoyed a record-breaking summer, with demand for sparkling wine and rosé among younger drinkers helping sales surpass the bumper Christmas period. The abnormally warm weather this summer has benefited English grape varieties,…...
Millions of pensioners face a 'retirement stealth tax' trap next year
1+ week, 5+ day ago (1764+ words) Millions of pensioners could be hit with a £100 'retirement stealth tax' on their state pension from next spring. Unless the full state pension is your only income, or you are living on less than that anyway, you will see some…...
Tom Kerridge: VAT's the problem - and British venues pay the price
2+ week, 12+ hour ago (1106+ words) Celebrity chef Tom Kerridge has urged Andy Burnham to deliver a permanent VAT cut for hospitality – as a temporary tax break for parts of the sector ends on Tuesday. The plea from Kerridge comes as the temporary VAT cut from…...