California reported more than 10,000 coronavirus cases on Tuesday. This is a record rise for a single day that also surpassed the number of contact tracers recently trained by the state to detect and prevent potential outbreaks. Second-quarter earnings season will begin in earnest from next week. Today marks an end to the five-day winning […]

“The current threshold of up to £1million for a qualifying married couple or civil partnership means that 96 percent of all estates in 2020-21 are forecast to be able to pass on their assets without any inheritance tax liability. “Any reform or simplification of inheritance tax would be considered as part of the usual Budget […]

In March the central bank lowered the base rate to 0.1 percent in response to coronavirus. This change was made to support the economy as much as possible through this difficult period, having already been dropped to 0.25 percent before this. The base rate is important as it tends to effect what interest rates are […]

Wall Street’s S&P 500 and London’s FTSE 100 are expected to fall 0.1 percent when US and UK markets open. This is despite having shown signs of gains. Investors said a rally in Chinese shares, which rose 5.7 per cent on Monday, gave hope of economic recovery. FOLLOW OUR LIVE UPDATES HERE:  1.30pm update – […]

The latest round of negotiations between the two sides in Brussels ended a day early last Thursday with “significant differences” remaining in a number of key areas. One of these is the continued disagreements over access to each other’s financial markets once Britain fully leaves the bloc at the end of the transition period on […]

The temporary measure – which is expected to be implemented in the autumn Budget – is intended to stimulate the housing market and help rebuild the UK economy. Mr Sunak will deliver a summer statement on Wednesday, July 8. The Times reports the Chancellor will announce stamp duty plans on Wednesday, as well as a […]

Britain left the EU at the end of January but has full access to the bloc under a transition period that runs until the end of December. London and Brussels blamed each other last week for missing a June 30 deadline for assessments on financial market access from January. Future direct EU access will depend […]

The State Pension system is split into two tiers which differ on the basis of when a person retired. On the basic or ‘old’ State Pension, the maximum a pensioner can expect to receive is £134.25 per week, but only if they have 30 years or more in NI contributions. Those on the new State […]

“If you’re struggling to repay your loan, you should contact the Sunny customer service team – it still has staff, overseen by KPMG, to handle customer queries.” Those who are having repayment problems because of the lockdown crisis may be able to arrange a payment holiday. The UK’s watchdog, the Financial Conduct Authority, recently announced […]

Traditionally, this term usually stands at 25 years or more, with regular payments expected to meet the goal. For this reason, most Britons spend the majority of their adult lives paying off their mortgage. But for one forward-thinking homeowner, the plan to become mortgage free was a journey he wished to embark upon sooner rather […]