Uk

The UK collected a record £24.2 billion in capital gains tax in 2024/25, according to new data released on Thursday, following Rachel Reeves' decision to raise the rate in her first Budget. HM Revenue & Customs revealed an 89% increase in capital gains tax receipts compared with the previo

The Society of Pension Professionals has warned that millions risk a retirement shortfall because UK policy treats pensions and housing separately. The paper, titled Home Truths: Rethinking Retirement Wealth, highlights a critical structural mismatch in the UK economy.

Ownership of investment trusts in the UK has fallen to a five-year low despite growth in the UK's DIY investing market, according to Boring Money's research. It found that around 9% of UK investors own an investment trust - the lowest level since Boring Money began collecting its data in 2021.

Royal London has identified seven funds needing improvement in its latest Assessment of Value (AoV) report after a "demanding" year for investors. The Edinburgh-based asset manager highlighted that seven of its 40 funds were "flagged for review", five funds had "a potential issue", and two of the fu