Dec 10, 2021 | Newsletter
The Bank of England Governor Andrew Bailey is facing a backlash from economists and MPs for ‘crying wolf’ over an interest rate hike. Critics questioned whether he was the right man to lead the Bank after a ‘big communications failure’ on...
Nov 29, 2021 | Newsletter
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...
Nov 27, 2021 | Newsletter
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...
Nov 25, 2021 | Newsletter
High energy costs are forcing manufacturers to warn of higher prices for their goods as they pass on increases to consumers. Iceland boss Richard Walker said higher energy bills and other costs meant price rises were now “inevitable”. The warning came as...
Nov 23, 2021 | Newsletter
Booming demand for green infrastructure investments has helped power a record run of fundraising for UK investment trusts, with managers breaking the previous annual record for capital raising in the first nine months of 2021. UK investment trusts have raised £8.7bn...