Tag Archive: politics
Brewin Dolphin slams proposed CGT rise
Investment manager Brewin Dolphin has raised serious concerns over the Coalition Government’s proposals to raise Capital Gains Tax (CGT) in the June Emergency Budget. Brewin Dolphin has expressed the view that by raising CGT the Government will erode the grounds … Read more
Brewin Dolphin critiques manifestos
With the General Election looming, private client portfolio manager and pension adviser Brewin Dolphin has cast its critical eye over the three main parties’ manifestos and their impact upon savings and pensions. The firm has expressed concern at the Labour … Read more
International bank levy criticised
Mark Littlewood, IEA Director General, has responded to the proposed international bank levy suggested by France and Germany. Littlewood has argued that only with a recognition of the important role that finance channelled into the private sector plays will a … Read more
Mortgages may rise by £700-1,400 per year
Britons with mortgages face a rise in annual costs of £700-£1,400 unless the Government cuts the amount of money it intends to borrow. The warning was issued the Policy Exchange think tank in its new report, The Cost of Inaction. … Read more
ISA limits to rise with inflation
Following the Budget, the last to be delivered by Chancellor Alistair Darling prior to the impending election, Lloyds Banking Group has welcomed the increased limits on ISAs. The new ISA limit has been raised to £10,200, half of which (£5,100) … Read more
Brewin Dolphin attacks PBR on pensions
Today’s Pre-Budget Report (PBR) has come under attack from Brewin Dolphin, which has criticised Chancellor Darling’s decision to reduce the qualifying earnings for higher rate tax relief to £130,000. The firm lambasted the Government, stating that such action did nothing … Read more
Swinney wants Darling to encourage bank lending
Scotland’s Finance Secretary John Swinney has written to Chancellor Alistair Darling asking him to try and help boost competition in the banking sector and make it easier for businesses to acquire funding, the Scotsman has reported. The letter comes a … Read more
Lloyds TSB pledges to pass rate cut on in full
With the Bank of England due to make its latest interest rate decision known this Thursday Lloyds TSB has pre-empted it by reassuring its SME customers that, should a cut occur, it will be passed on in full. Business customers … Read more
Government considers second bail out for banks
The banking sector, which has already been given £37bn to recapitalise by the British Government, may have a second bail out. Although the government’s action did stabilise the banking sector at a critical time, credit markets remain stubbornly tight and … Read more