Bitcoin surges to new high
Bitcoin surged to a record all-time high on Wednesday, following a weeks-long price rally. The cryptocurrency is now up more than 50% since the start of October, overtaking the market value of tech giants like Facebook and Tesla. After breaking the $64,800 record...Experts urge action ahead of interest rate hikes
Families have been told to get ready for an imminent interest rate hike. The Bank of England has given its clearest warning yet that rates will have to rise soon to keep a lid on soaring inflation following a surge in energy prices. But while some experts forecast...Vaccinations key for affordable life insurance
Countries are currently fighting the dilemma of creating a two-tiered society versus freedom of choice with policies like domestic covid vaccine passports. The UK government has flip flopped on the concept of covid passports for the last few months. Sajid Javid,...Tax nudge’ letters sent to crypto investors
HM Revenue & Customs plans to send crypto investors nudge letters warning them to check they have the paid the right tax. News of the letters, which have yet to be issued, was released by CryptoUK, a trade association, on Wednesday, accountants reported. HMRC...VCTs surge ahead of dividend tax increase
The dividend tax rise announced last month is likely to increase demand for venture capital trusts (VCTs), expert say. This is because VCTs can offer a 30% income tax relief on an allowance up to £200,00 per year. Returns, which are paid through dividends, are also...