King Henry Vlll vs Financial Literacy – Londoners speak out on Financial Education in Schools December 2, 2024 | Sponsored Today, the British public can recite the six wives of King Henry VIII – but if you ask about savings accounts, budgeting, career planning, or the support they had in their early years, many are left scratching their heads. A 2023 survey from EVERFI from Blackbaud UK revealed that 74% of teachers believe financial literacy [...]
Upstream to the innovation borough November 28, 2024 | Sponsored A decade ago, Fraser Nelson sparked a sobering debate about the health and structure of the United Kingdom’s economy. He compared the UK’s GDP per capita with that of each state in the United States, concluding the UK would “be the 2nd-poorest state in the union”, just ahead of Mississippi. Since then, achieving significant economic [...]
UK business openings fall to lowest level since 2010 November 18, 2024 New business openings across the UK hit their lowest rate in more than a decade last year.
Investment can boost growth – if it comes with technological progress November 6, 2024 Economic theory does regard capital investment as a contributor to economic growth, but there is another essential factor: technical progress, says Paul Ormerod The need to boost the UK’s rate of economic growth was a central theme of the first budget delivered by Rachel Reeves, the Chancellor. Reeves emphasised the importance of increasing the amount [...]
Autumn Budget 2024: All the key announcements October 30, 2024 After weeks of speculation, Rachel Reeves has delivered her first Budget as Chancellor to the House of Commons. The Budget was the first from a Labour government in 14 years and the first one ever by a female Chancellor. The 77-minute address to MPs featured a wide range of announcements which City AM has summarized [...]
From stress to success: The power of a financial plan October 30, 2024 | Sponsored Finding the time to research your options, understand the detail, and put a plan together can be time-consuming and complicated. Changes to existing regulations, such as those implemented following a government budget, can further complicate the process, leaving individuals and families seeking clarity and guidance. This is where a well-crafted financial plan and the expertise [...]
Payment fraud is becoming more sophisticated, creating new vulnerabilities for organisations October 17, 2024 | Sponsored Author: Tim Forster, Strategic Partner Manager, Financial Messaging at Finastra In the digital age, security is a top priority for corporates and financial institutions. As payments become increasingly more sophisticated, so too do fraud attempts, particularly as payments are increasingly operating in real-time. The operational characteristics of instant payments (fast, irrevocable, simultaneous clearing and settlement) [...]
Long-time IFS director Paul Johnson to step down October 17, 2024 Johnson, who became Director of the IFS in January 2011, will take up the role of Provost of Queen's College, Oxford.
Capital gains tax could be hiked to almost 40 per cent October 10, 2024 Capital gains tax could be hiked by Chancellor Rachel Reeves to almost 40 per cent in the Budget, according to reports. The Guardian has reported that the Treasury is modelling a range of between 33 per cent to 39 per cent. Around 350,000 people pay the wealth tax with is levied on the sale of [...]
The threat of higher taxes is already harming growth October 9, 2024 An important reason why there was zero growth in June and July is that households are saving bigger proportions of their incomes, says Paul Ormerod The Chancellor, Rachel Reeves, had made no secret of her desire to make economic growth her top policy objective. She reinforced the message this week in an interview with the [...]