Housebuilders’ shares tumble as Hammond vows to curb ‘land banking’
Shares across Britain’s biggest housebuilders were hit in the wake of Philip Hammond’s threat to crack down on the developer practice of “land banking.”
Budget
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Budget 2017: What asset managers should know
A long-term strategy for the asset management industry was among the raft of measures announced in Wednesday’s budget, alongside news of slowing growth, slashed Stamp Duty and an extra £3bn in the Brexit pot.
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Five predictions for the Autumn Budget
With chancellor Philip Hammond poised to release the government’s Autumn Budget on Wednesday, experts from Old Mutual Wealth, RSM, Mazars, Irwin Mitchell Private Wealth and Aegon give their budget predictions.
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High borrowing and economic fragility may hit austerity easing
The scope for the Chancellor of the Exchequer Philip Hammond to ease austerity may be limited as public sector borrowing has increased while the economy remains fragile, according to consultancy Pantheon Economics.
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Gilt market ‘unfazed’ by Budget, despite sell off
Gilt markets were unfazed by Wednesday’s Budget announcements with the chancellor merely “tinkering” without hitting expectations, according to RLAM.
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Spring Budget 2017: the highlights
While chancellor of the exchequer Philip Hammond delivered a Budget that didn’t break the mould, the investment community had plenty to say on these top four budget talking points.
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PA ANALYSIS: Budget double blow for economy’s ‘lifeblood’
The self employed and small business owners received a double blow in Wednesday’s Spring Budget.
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Surprise 25% Qrops charge rocks UK pension transfer market
The UK government’s shock decision to impose a 25% charge on transfers to foreign pension schemes announced in the Spring Budget could go as far as to “shut down” the Qrops market, according to industry observers.
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Expert views on Budget 2016
Tax experts give their views and insights on chancellor George Osborne’s 2016 Budget.
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What you need to know about the EIS outlook
Sarah Wadham, director general of the Enterprise Investment Scheme Association, reveals what wealth managers need to know about the risks, attractions and benefits of EIS in 2015 following the Summer Budget.
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WMA ‘delighted’ by Osborne’s Budget statement
The Wealth Management Association has said it was delighted to see Chancellor George Osborne heralding the importance of savings and investment in his Budget statement.
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‘Radical’ budget a double edged sword for business
Consensus is that George Osborne’s first majority budget was a radical one, announcing, among other things new dividend allowances, the abolishment of ‘non-dom’ status and £12bn in welfare cuts. For business, however, it seems it was something of a mixed bag.
