The Telegraph2 hours agoReeves’s backdoor raid on pensions would cost high earners £1,800 a yearThe Telegraph - Mattie BrignalA backdoor tax raid on workers’ pension pots being considered by Rachel Reeves would cost high-earners £1,800 a year, analysis suggests. The Chancellor is tipped to target tax relief on employer pension contributions in the October 30 Budget after Sir Keir Starmer repeatedly refused to rule out the …
The Telegraph3 hours agoReeves is slowly realising that her policies don’t work in the real worldThe Telegraph - Brian MonteithWhen Sir Keir Starmer said he would deliver change he could scarcely have believed it would be such a change for the worse. After all the unforced errors of his Government’s own making, the wheels are already falling off Rachel Reeves’s first Budget, turning her dream machine into a calamitous kit …
The Telegraph4 hours agoOutrage in France over plot to delay pension increaseThe Telegraph - Mattie BrignalThe French government has triggered an outcry over proposals to delay pensioners’ state pension uplift by six months. Michel Barnier, the French prime minister, has suggested delaying the annual inflation-tracking increase to pension payments from January 1 until July 1 next year to help plug a …
The Telegraph5 hours agoGuinness is good for your holdings despite the modest dividend yieldThe Telegraph - Robert StephensSelling part of our income portfolio holding in Legal & General to buy Diageo may appear to be a rather strange decision. After all, the diversified financial services company is one of the FTSE 100 index’s highest-yielding stocks. Its dividend yield of 9.1pc is nearly three times that of the …
The Telegraph13 hours agoRachel Reeves denies plans to increase capital gains tax to 39 per centThe Telegraph - Daniel MartinThe Government has been forced to deny that Rachel Reeves is planning to raise capital gains tax to as high as 39 per cent. The Chancellor has opened the door to raising capital gains tax (CGT) to plug a black hole of up to £25 billion, but has been warned that increasing the rate by too much would …
The Telegraph20 hours agoHow Rachel Reeves’s first Budget could cost you £200,000 (and what you can do about it)The Telegraph - Fran IvensChancellor Rachel Reeves has made it clear that we should not be expecting any bank account-friendly handouts in the Budget at the end of the month. In fact, such is the strength of her rhetoric that “petrified” savers have been pulling money out of their pensions early amid fears of a tax raid. It …