Tax & Other Financial

The Current Debate: Selective vs. City-Wide Licensing A Labour MP, Olivia Blake, has called on the government to introduce legislation that would allow local councils to implement licensing schemes covering whole cities or areas (known as 'general licensing' power)...

Tim Roca, Macclesfield's first Labour MP, continues to advocate for change in the UK's student loan system, which he believes is "broken." Having protested against tuition fees as a student leader in the late 2000s, Roca's position remains firm: the current system...

Rightmove's latest house price index reveals that landlords looking to exit the market due to high taxes and regulatory burdens may benefit from an encouraging "buyer buzz." Despite a typical August drop in asking prices (down 1.5%), market conditions are improving....

Cornwall Insight have released their final October-December 2024 price cap forecast.  "We are forecasting energy bills will be £1,714 a year for a typical dual fuel consumer. This would represent a 9% increase compared to the July price cap. Breakdown:  Standing...

The recent "Mail on Sunday" report on the buy-to-let sector emphasizes the challenges landlords currently face due to rising costs and stricter regulations. The buy-to-let market has entered a period of stagnation, driven by high interest rates, reduced tax relief,...

A recent Financial Times report highlights that rent now consumes a higher proportion of household incomes than at any time in the past seven years. This rise is part of a broader trend where rent costs have surged faster than income growth, creating significant...

The Rightmove Price Index has been released, it can be seen here, and shows that the start of 2024 shows a cautiously optimistic trend in the UK property market, with both buyer and seller activities picking up significantly compared to the same period last year. New...

The UK has become the fastest-growing economy in the G7 so far in 2024, with a 0.6% expansion in the second quarter, outpacing major economies such as the US and France. This marks a strong recovery for the UK, which grew by 1.3% in the first six months of the year,...

Rachel Reeves, the new Chancellor, has indicated that tax increases are still likely in her October 30 Budget, despite positive signs of economic growth in the second quarter of the year. The UK economy expanded by 0.6% in the three months to June, following 0.7%...