We have published a free 17 page special report with details and commentary about the main Pre-Budget Report changes to income tax, National Insurance, pensions, banker’s bonuses and inheritance tax, as well as implications for businesses.
The Retail Prices Index (RPI) and Consumer Price Index (CPI) are both conventional measures of price inflation. Alternative measures of inflation are also useful. New research from Halifax shows average pocket money is up 11p or 1.79% this year.
Follow our live coverage of the Pre-Budget Report from 12.30pm today (Wednesday) as we comment on financial planning developments using Twitter.
Back in the 1960s, the original hippies celebrated “flower power”. As this generation approaches retirement, a new ‘HIPpy’ spirit has emerged. HIPpy in this context refers to the ‘Home Is Pension’ mantra so common amongst Britain’s over-50s.
It has just been announced that the Supreme Court has ruled in favour of the banks in respect of alleged unfair banking charges. This ruling will disappoint those banking customers who were hoping to reclaim billions in pounds in historic bank charges.
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