Personal Finance

London Stock Exchange boss Dame Julia Hoggett believes the City has made headway in its case for cutting stamp duty on shares, after the Government acknowledged that a cut would boost the market’s competitiveness. Stamp duty is currently charged at 0.5% on purchases of shares in listed compani

Chancellor John Healey has described his maiden Budget as one for “working people”, delivered through “fiscal discipline giving Britain breathing space on the cost of living”, as he looked to banks to temporarily fund the energy support measures. Mr Healey confirmed that bank

Chancellor John Healey will abandon his predecessor Rachel Reeves’ “car crash” ISA reforms in his maiden Budget later today, according to reports. The Chancellor will reverse the decision to cut the Cash ISA allowance from £20,000 to £12,000, which was set to come into

  Residents in Glasgow and Sheffield were found to be the least confident cities about their pension savings in the UK, according to new research.

Maven Capital Partners has launched a new joint share offers to raise up to £20 million across its four Maven Income and Growth Venture Capital Trusts (VCTs). It means that advisers and their clients will be able to access VCTs with a 6% annual dividend target, with each of the four VCTs made

By Corah Franco, private client partner, Thorntons Before the joy of watching children embark on their university journey, and the tears that often accompany the inevitable goodbye, some families may already be considering the next question: whether to invest in more permanent accommodation for thei

Pepper Money has launched in Scotland, describing its role as rehabilitating borrowers who fail high street credit scoring so they can move back to mainstream lenders. The specialist lender opened for business to brokers on Monday at an event at The Exchange in Glasgow, the first of three Scottish s

Almost half (47%) of Scottish adults who do not own their own home believe they will never be able to, according to a new report from specialist lender Pepper Money. The findings highlight the barriers facing aspiring homeowners in Scotland, particularly those who are self-employed, have variable in

Uinsure has claimed to have launched the UK's first home insurance monitoring service, which allows customers to compare their current policy against live quotes. Customers will be able to compare their policy against Uinsure's panel of seven UK insurers several times a year, instead of just at rene

  Parents have squirreled away £2.5bn into junior ISA, with almost two-thirds £1.55bn of new money now being invested into stocks and shares in 2024/25, despite £1.9bn of child trust funds going unclaimed, according to new HMRC data.

A financial planner has claimed the profession is struggling to attract younger earners and people who earn a lot but are not yet rich. Sam Patterson, head of proposition at Equilibrium Financial Planning, discussed the challenge the profession faces in attracting HENRYs, high earners, not rich yet,

Financial planners have the knowledge to help clients understand their goals and protect their interests. “Rightly or wrongly,” most clients are high-net-worth individuals who are retired and have more time to think about what they want to save or how to use their assets.

More than £1bn in inheritance tax was paid by the estates of wealthy families who put off gifting until it was too late, new figures show. Data obtained by financial advice firm, NFU Mutual, showed that more than 5,000 estates paid in excess of £1bn in IHT on lifetime gifts in the tax ye

Aberdeen Investments has told Chancellor John Healey the UK risks falling further behind Asia on retail investing unless he acts in October's Budget. Research by the firm found that Japanese households now hold 9% of their wealth in equities and mutual funds outside pensions, compared with just 8% i

AJ Bell has called on Chancellor John Healey to commit to pension tax stability to avoid another round of damaging speculation about tax-free cash ahead of the October Budget. The firm shared its Budget submission to the Treasury today, highlighting that a pre-Budget commitment to pension tax s