News

The government is to do away with the existing 'single slab' approach to stamp duty on residential property purchases, introducing a new tiered charge from 4 December.

George Osborne has announced a 25% levy on profits made in the UK by multi-national companies but diverted elsewhere.

Small businesses have had the relief on their annual business rates doubled for the next year.

The Office for Budget Responsibility has revised up government borrowing forecasts for 2014 and 2015 - but figures for the following years are lower than previously estimated, according to Chancellor George Osborne.

Aviva will consider another transformative acquisition once its takeover of Friends Life beds in, according to reports.

Financial services group True Potential is to enter the fund management market with the launch of its own 15-strong fund range, a senior partner has said.

Architas has launched a fund of funds designed to offer investors exposure to alternative asset classes such as infrastructure and forestry.

The Institute of Financial Planning (IFP) is "on track" to at least break even in 2014 and is hopeful of a small surplus, despite the challenge presented by a regulatory crackdown on inducements.

The Bank of England (BoE) and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS), with small to medium-sized businesses to continue to be the primary beneficiaries.