FIRST-TIME buyers are to get a “leg up” onto the housing ladder under plans announced by the Chancellor. Rachel Reeves has set out sweeping changes for those looking to buy a house. 1 Chancellor Rachel Reeves is expected to announce changes for home buyers todayCredit: AFP This includes a new permanent mortgage guarantee scheme, which
Rachel Reeves’s plans to slash the £20,000 tax-free threshold for cash ISAs risk pushing savers towards “unscrupulous” companies, a finance expert has warned. Reports suggest the Chancellor could announce the measure during a speech at Mansion House on July 15. Under the current rules, there is a £20,000-a-year ceiling on the amount British savers can
A stamp duty raid by Chancellor Rachel Reeves has hammered profits for property investors and delivered a hammer blow to the market for flipping homes. Official figures show the number of homes bought and resold within a year, typically by people seeking to turn a quick profit, has dropped to the lowest level in more
The FOS is an independent body with responsibility for deciding on complaints against firms that provide financial products and services. The highest amount the ombudsman can award went up this year to £445,000, a substantial increase from the £150,000 limit before April 2019. The FOS received 141,846 new complaints between July 1 and Dec. 31,
A major £15billion investment promises to transform the North with new bus, tram, and train routes. The projects announced by Rachel Reeves will span the North, the Midlands, and the West Country, following criticisms that investment was heavily focused around London and the southeast. Greater Manchester and the West Midlands will get the largest piece
Nigel Farage holds up a copy of his proposed Cryptocurrencies and Digital Finance Bill at The … More Bitcoin Conference at The Venetian Convention & Expo Center on May 29, 2025 in Las Vegas, Nevada. Getty Images Reform UK leader Nigel Farage unveiled his party’s plan to turn Britain into a crypto powerhouse if it
Since 1999, millions of savers have relied on the Cash ISA to protect their hard-earned money from tax and stock market turmoil. Now, that sanctuary is under siege. Reports suggest that Reeves is plotting to slash the £20,000 annual ISA allowance to just £4,000 from April 2026. This would be a devastating blow to savers,
China’s finance ministry has announced the impending issuance of sovereign green bonds in London, which will mark its first overseas sale of such bonds and a concrete step following high-level economic and finance talks earlier this year. The yuan-denominated issuance will be worth up to 6 billion yuan (US$829.75 million) with specific details to be