Rachel Reeves to hail fiscal ‘stability’ and City risk-taking in Mansion House speech
- Chancellor Rachel Reeves will pause plans to limit cash ISA allowances and introduce targeted support for savers during a speech at the Mansion House.
- This decision follows rising criticism and a surge in new cash ISA account openings, indicating public concerns over the proposed changes.
- Aegon's Pensions Director Steven Cameron supports the Chancellor's move, stating that the targeted support will enable consumers to make informed financial decisions between cash savings and stocks and shares investments.
- Reeves is also expected to announce measures to facilitate mortgages for first-time buyers and clarify her stance on future tax plans.
11 Articles
11 Articles
Reeves Faces City in First Major Speech Since Commons Tears
Chancellor of the Exchequer Rachel Reeves will highlight plans to spur homeownership by easing access to mortgages in her flagship annual address to the City of London, a key moment for Britain’s finance minister as she seeks to bounce back from a rocky period that included a market-moving tearful appearance in the House of Commons.
David Gauke: We are in a precarious economic position, and the few politicians who recognise it seem unable to tackle it
David Gauke is a former Justice Secretary and was an independent candidate in South-West Hertfordshire at the 2019 general election. Twice in the past dozen days, the country has had a reminder of its fiscal predicament. First, on 2 July, Rachel Reeves shed tears as she sat next to Keir Starmer during Prime Minister’s Questions. She had already had a difficult week as Labour rebels defeated her attempts to control the increasing costs of disabi…
Rachel Reeves to confirm ISA overhaul next week despite U-turn on savings tax raid
Chancellor Rachel Reeves is set to temporarily abandon her controversial plans to reduce the tax-free allowance for cash ISAs and offer "targeted support" to British savers instead during next week's Mansion House address It is understood Reeves is putting a pause on the stealth tax raid on the savings product following mounting criticism and a surge in new account openings at building societies
LMG Welcomes Reeves Speech on Captives
The latest from the LMG for you; The London Market Group (LMG) welcomes today’s announcement by Rachel Reeves, Chancellor of the Exchequer that HM Treasury will move ahead with the introduction of a UK regime [...] The post LMG Welcomes Reeves Speech on Captives appeared first on .
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