News

The government is to scrap the existing 'single slab' approach to stamp duty on residential property purchases, introducing a new tiered charge from 4 December.

Chancellor George Osborne announced today that ISAs will retain their tax-free status when transferred after death.

Small businesses have had the relief on their annual business rates doubled for the next year.

The Office for Budget Responsibility has revised up government borrowing forecasts for 2014 and 2015 - but figures for the following years are lower than previously estimated, according to Chancellor George Osborne.

Financial services group True Potential is to enter the fund management market with the launch of its own 15-strong fund range, a senior partner has said.

Aviva will consider another transformative acquisition once its takeover of Friends Life beds in, according to reports.

Brewin Dolphin has reported a 70% fall in full-year pre-tax profit as its technology project writedown and other restructuring costs weighed on the business.

WH Ireland shares have recovered ground after falling as much as 15% as the group warned full year profits will come in below previous expectations.

The UK is to pay back its War Loan in full as part of a package of refinancing announcements.

The Bank of England (BoE) and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS), with small to medium-sized businesses to continue to be the primary beneficiaries.