The Chancellor’s decision to apply inheritance tax on pensions is a significant move. While this may cause discomfort for savers who have relied on the previous exemptions for their retirement and estate planning, it creates a more equitable approach among various asset types, especially since pension funds have already received tax relief and tax-free growth….
The Chinese government has announced that AstraZeneca’s widely recognized breast cancer treatment, Enhertu, will be incorporated into its state-funded health insurance program starting at the beginning of next year. This addition to the national reimbursement list will enhance accessibility to the medication for the general public in China. However, it is important to note that…
Recent developments from the Bank of England signal a slight easing in mortgage costs for millions of households as interest rates begin to decline from their peak. Approximately one in five borrowers, totaling around 1.7 million households, are on variable rate mortgages closely linked to the UK’s base rate, as noted by the Bank’s financial…
Each time Jamie George steps into his Harpenden-based physiotherapy clinic, nostalgia washes over him. It was in this Hertfordshire location that the England rugby captain enjoyed his first date, back when it was part of the Prezzo dining chain. Today, it stands as one of nine branches of Carter & George, his emerging physiotherapy business….
Mark Carney, the former governor of the Bank of England, has voiced his support for Labour’s proposed adjustment to how national debt is gauged, suggesting that incorporating national assets could invigorate the economy, which he describes as “starved” of investment. In a notable endorsement of Rachel Reeves’s potential approach to increasing “public sector net wealth”…
Ithaca Energy, a prominent North Sea oil and gas producer, is set to distribute a special dividend amounting to $200 million. The London-listed entity confirmed its plans to return a total of $500 million to shareholders during the financial year 2024, having already disbursed a $100 million dividend. This announcement follows Ithaca’s recent acquisition of…
Bloomsbury Publishing is on track to exceed financial expectations, largely due to the remarkable success of Sarah J. Maas, a popular American author known for her fantasy romance novels. For the six-month period ending in August, the publicly traded publisher announced its fifth consecutive quarter of double-digit revenue growth, with sales climbing 32% to £179.8…
A mistake in a bank transfer has left me struggling to recover about £2,500 that was sent to the wrong account in June. My wife and I, along with some Australian friends, were organizing an unforgettable trip to South America through a travel agency in Australia. After finalizing our plans, the agency requested a deposit…
In the fall of 2021, a significant number of shipping containers were left unattended at the Felixstowe port in Suffolk, primarily due to a lack of lorry drivers. This situation resulted in delays at the UK’s largest container port, raising fears that essential goods, including toys and beauty products, would fail to reach consumers before…