The government has confirmed its decision to cut the MPAA by 60% from 6 April, arguing the new £4,000 allowance is "fair and reasonable" and will only affect up to 3% of savers over the age of 55.
Announcing the cut in the 2016 Autumn Statement, Chancellor Philip Hammond argued it was intended "to prevent inappropriate double tax relief". The policy has drawn consistent criticism since, however,...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year