Tulip Siddiq resigns from Treasury following criminal case filing
Bangladeshi authorities alleged she had lived in several properties paid for by its government when her aunt was prime minister
Treasury
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FCA consults on ‘PISCES’ private stockmarket
Chancellor proposed the idea at her Mansion House speech last month
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99% professional investors expect to increase fixed income allocation over next 18 months
Majority of investors are currently underweight fixed income, according to Managing Partners Group
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Rachel Reeves: ‘We’re not coming back with more tax increases or borrowing’
The Autumn Budget was a ‘once in a Parliament reset’ to get public finances in order
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Autumn Budget 2024: National Insurance for employers increased to 15%
Reeves lowered the earnings threshold to £5,000, giving the government an extra £25bn in tax revenue
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AIC: Cost disclosure breakthrough does not apply to VCTs
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
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Dynamic Planner’s Jones on capturing complexity
The government is channelling money towards UK companies but will investors be tempted? writes the chief proposition officer
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UK investment giants: British ISA proposals could fall foul of Consumer Duty
Hopes that a Labour government will ‘drastically improve’ existing plans
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AIC calls on Treasury to urgently address investment trust cost disclosure issue
CEO Richard Stone says current disclosure rules are ‘hamstringing demand’ for the trust sector
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House of Lords criticises FCA’s application of cost disclosure rules for investment trusts
Financial Services Regulation Committee said retained MIFID and PRIIPS rules has cost the UK an estimated £7bn
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Higher-than-expected UK borrowing could spoil chance for pre-election tax cut
Government borrowing was £6.6bn above target, giving the Chancellor less room for tax cuts
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Treasury’s cost disclosure promise in Autumn Statement ‘welcome’ but pace of change ‘disappointing’
Baroness Altmann warns that a ‘rapid rate of change’ is required