Inheritance tax receipts soar to all-time high April 23, 2026 Inheritance tax receipts soared to a record high over the last financial year as Labour’s targeting of property owners helped fund sweeping spending increases. Official data on Thursday morning showed that annual inheritance tax receipts rose to £8.5bn in the year between 2025 and 2026. This compared to total receipts of £8.3bn in the previous [...]
Investment risk misunderstandings fuel cash hoarding April 21, 2026 Brits’ confusion over investment risk warnings has kept people clinging to cash and damaged economic growth, according to recent findings. Nearly 35 per cent of savers admitted the fear of losing money was holding them back from stepping into the stock market, according to the latest research from Barclays, with only 12 per cent expecting [...]
‘Fossil fuel rollercoaster’: Government plans energy price shake-up as Miliband ‘doubles down’ on renewables April 21, 2026 UK households could see their electricity bills fall after the government unveiled measures to end the pricing system’s relationship with volatile gas prices and fossil fuels. Energy secretary Ed Miliband is set to overhaul the system in a major intervention to sever the link between the prices of electricity to gas, which has long been [...]
‘Concerned but not surprised’: Three-quarters of UK landlords and sole traders miss digital tax launch April 18, 2026 Only a quarter of sole traders and landlord who need to sign up for the UK’s new digital tax system have done so, despite the scheme already having come into effect this month. From 6 April, anyone who earned more than £50,000 in the 2024/25 tax year from property or self-employment income was required to [...]
£21 million to change a generation: the case for financial education now April 17, 2026 It is hard to believe that only four months have passed since I first saw that City A.M. had partnered with City Pay It Forward. In truth, it feels far longer, because the cause they champion — financial education for the next generation — is one that has mattered to me for most of my [...]
Financial scams soar as crooks snatch phones and manipulate vulnerable victims April 15, 2026 UK banks saw a staggering rise in financial scams last year, as growing public awareness was offset by criminals pivoting towards victim manipulation to get their hands on sensitive information. Banks reported a 62 per cent rise in social engineering scams, in which attackers manipulate victims into authorising payments themselves, as they turned away from [...]
Ex-Royal Mint executives launch new gold trading platform April 14, 2026 Two former Royal Mint executives have launched a new gold trading platform in a bid to shake up the market and widen retail access to precious metals. The trading platform, dubbed Goldwise, was launched on Tuesday, creating a new way for savers and investors to purchase gold, silver, platinum and palladium. Unlike traditional trading, users [...]
Retiring abroad could lose Brits over £70,000 with state pension at risk April 13, 2026 British pensioners eyeing a retirement in the sun could see thousands wiped off their state pension, top financial planners have warned. Brits planning to retire overseas during this tax year could forgo more than £77,000 in state pension income over the next 20 years, if they opt to move to a country where payments are [...]
Thousands of taxpayers to miss out on rebate as HMRC still sending cheques April 13, 2026 Thousands of Brits are missing out on collecting their tax rebates after failing to cash in cheques sent to them by HMRC. According to an FOI from the i paper, the department issued 1,746,720 cheques last year, but 178,180 were never cashed. The cheques had a combined value of £144m, meaning taxpayers who failed to [...]
Taxpayers brace for a financial hit after personal allowance rule change April 9, 2026 British taxpayers are bracing for a fresh financial hit as changes to the personal allowance creeps closer. While the personal allowance itself is not changing, remaining frozen at £12,570 until 2031, a subtle change will take effect from the next tax year, as the government places a new lock onto how it is applied, affecting [...]