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Inheritance Tax Hits Record £1.48bn as Frozen Thresholds Bite

UK inheritance tax (IHT) receipts surged to £1.48 billion in recent months—a 7% (£98m) increase from last year—as frozen tax thresholds drag more families into paying the …

June 21, 2025 By admin Finance

UK Tax Gap Hits £47bn: Small Businesses Account for 60% of Shortfall

New HMRC data reveals the UK tax gap has widened to £46.8 billion in 2023-24, representing 5.3% of total expected tax revenues—up from £39.8bn (4.8%) the previous year. What …

June 21, 2025 By admin Business

Pension Investment Risk for Over 50s: How to Balance Growth & Safety

Key Takeaways: 76% of over-50s say risk is their top pension concern as retirement nears. De-risking too early may limit growth, while waiting …

June 20, 2025 By admin Finance

Savers Alert: Bank of England Holds Interest Rates – How to Maximise Your Savings

Key Takeaways: Bank of England keeps base rate at 5.25%, impacting savings and mortgage rates. Average savings rates are falling, …

June 20, 2025 By admin Business

Gold vs Cash: Which is the Better Store of Value in 2025?

Gold Prices Soar – Does It Outperform Cash Savings? With gold prices surging over the past year, many investors are questioning whether gold …

June 19, 2025 By admin Finance

UK House Prices See Sharpest Decline in 4 Years – Industry Experts React

Steepest Monthly Drop Since 2021 as Stamp Duty Holiday Ends UK house prices have fallen at their fastest pace in four …

June 19, 2025 By admin Business

How Upcoming Reforms Could Impact Business Owners

Dividend Tax Changes: What Business Owners Need to Know Following the recent government spending review, reports suggest that Chancellor Rachel Reeves may introduce …

June 18, 2025 By admin Finance

Eve Air Mobility Signs LOI for 54 Electric Air Taxis with US Start-Up Future Flight Global

Eve Air Mobility, the Embraer-backed urban air mobility (UAM) company, has secured a letter of intent (LOI) from US-based start-up Future Flight Global for the purchase …

June 18, 2025 By admin Business

Euro-Zone Inflation Falls Below 2%, Boosting Odds of ECB Rate Cut This Week

Euro-zone inflation slowed to 1.9% in May, dipping below the European Central Bank’s (ECB) 2% target for the first time …

June 4, 2025 By admin Business

Lloyds Bank Launches AI-Powered Travel Booking with Best Price Guarantee – A UK First

Lloyds Bank has introduced an innovative in-app travel booking service, Lloyds Travel Booking, allowing customers to book flights and hotels worldwide directly through …

June 2, 2025 By admin Business

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