Apr 30, 2021 | Newsletter
Deliveroo expects its flotation to value the company at up to £8.8bn, putting it on course to be the biggest London stock market debut since Glencore almost a decade ago. The meal delivery service, which is backed by Amazon, said in a trading update that it is...
Apr 28, 2021 | Newsletter
The chief executive of pension consolidator PensionBee has criticised the Money and Pension Service’s investment pathway comparison tool for leaving out ‘major providers’. In a letter to Maps chief executive Caroline Siarkiewicz, Romi Savova raised issues with the...
Apr 28, 2021 | Newsletter
Yorkshire Building Society last week (17 March) became the first major lender to relaunch 95% mortgages for first-time buyers. Low-deposit mortgages disappeared almost entirely last spring due to the pandemic, but there are signs that 2021 could be a much better year...
Apr 26, 2021 | Newsletter
Rishi Sunak has used the Budget to extend the stamp duty holiday until the end of June. The tax break, which the Chancellor introduced in July 2020, was brought in to help boost the housing market, which had been suffering due to the pandemic. It had been due to end...
Apr 24, 2021 | Newsletter
Some self-employed workers will have to start paying tax differently next month, as IR35 changes come into force. The private sector reform was due to take place in April last year but was delayed because of the Covid-19 pandemic. The move will affect both contractors...
Apr 22, 2021 | Newsletter
The pensions lifetime allowance will be frozen at its existing level until April 2026, in a move that effectively decreases its value when inflation is taken into account. The Chancellor last week said the lifetime allowance would remain at its current £1,073,100 for...