How tax is transforming in the digital age January 17, 2020 | City Talk Driven by a desire for more revenue, greater efficiency and improved compliance in an atmosphere of shrinking resources, tax authorities are increasingly relying on digital tax data gathering and analysis — using digital platforms to facilitate real-time or near real-time collection and assessment of taxpayer data. This move toward tax “digitalisation” is allowing tax authorities [...]
Rare £1 Edward VIII coin sells for £1m January 17, 2020 A £1 coin featuring the Queen’s uncle Edward VIII has sold for a record £1m to a private collector in a deal brokered by the Royal Mint. The coin, one of only six produced, commemorates the ascension to the throne of Edward VIII in January 1936. He then abdicated in December that same year to [...]
Til divorce do us part: advice for couples considering separation January 16, 2020 Christmas is meant to be a relaxing time, but for many people it’s also a period of stress, tension, and tribulations — especially for married couples. The financial burden of the holidays plus the pressure to have a “perfect Christmas” and the familiar strain of dealing with in-laws can lead to squabbles and even full-blown [...]
Why Open Banking is the next finance revolution January 15, 2020 The saying that the “customer is king” has been an accepted truism for a long time. But it is only recently that this has really been the case, with technology largely driving a shift of power away from traditional providers to the consumer. Think of how music streaming services like Spotify completely changed how we [...]
Britain must become a leader in financial education January 9, 2020 The UK has one of the most thriving and competitive finance industries in the world — a fact that is often overlooked by the public. We know that the financial services industry is battling to improve levels of trust and engagement on the back of a series of scandals and public apathy. Yet, strong personal [...]
What the return of Middle East tensions could mean for markets January 8, 2020 | City Talk Last week’s assassination of Qassem Soleimani, the head of the Iranian Revolutionary Guards’ overseas forces, has reignited tensions in the Middle East and sent tremors through asset markets. The oil price has risen sharply to over $70 a barrel at the time of writing, amid concerns that tensions in the region will impact supply. Meanwhile, [...]
The changing face of income January 8, 2020 | Sponsored Henderson High Income Trust celebrated its 30th anniversary in 2019, having launched in 1989. This was the same year that Tim Berners-Lee invented the World Wide Web. Given Henderson High Income provides shareholder with a high dividend income by predominately investing in UK companies, this article looks at how the internet has led the UK market [...]
Three New Year’s resolutions for the wealth management industry January 8, 2020 The year ahead has the potential to be a defining one for the wealth management industry, following a difficult 12 months that have seen client confidence rocked by a number of high-profile issues. Whether it’s the suitability of investment products, exorbitant and opaque fees, or the need to build a better and more inclusive dialogue [...]
How to ask your boss for a pay rise in 2020 January 8, 2020 January is one of the busiest hiring months of the year, as many people re-evaluate their career options over the holiday period. Perhaps you enjoy your current job and don’t want to leave it, but would quite like a pay rise. If you believe that you’re working above your pay grade and are consistently producing [...]
Millennials drive record Rolls-Royce sales as luxury car firm targets youth January 7, 2020 Rolls-Royce’s high-end, luxury cars may not immediately come to mind as the playthings of the younger generation. But thanks to a concerted push to appeal to younger buyers, the 111-year-old company has managed to bring the average age of its clientele down by 13 years over the last decade to just 43. Read more: Aston [...]