The latest Quarterly Inflation Report (QIR) from the Bank of England has been published and shows that 'the Old Lady' has changed her mind a little. But the market projections for short-term interest rates don't make for helpful reading for those with cash deposits. The QIR was published in May, a few days before the…
Read moreMonth: June 2017
The general election campaign provided a reminder that the issue of funding social care remains unresolved. Who pays how much for long term care in England came to the fore last month. It is one of those subjects which successive governments have repeatedly kicked down the road. Nearly 20 years ago the then Labour government…
Read moreThere is unfinished business for the new government to deal with. Past performance is not a reliable indicator of future performance. However, when it comes to general elections, there is plenty of history to suggest that tax increases are more likely in the first Budget to occur after the polls have closed. From a politician's…
Read moreThe 2017 election manifestos offered little good news on the future of income tax. Judging by the manifestos of the three main political parties, the days of appealing to voters by cutting income tax (and its alter ego, national insurance) are over: The Conservatives repeated their 2015 manifesto promise of a personal allowance of £12,500…
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