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Help to Buy 2 ‘operating at just 13% of capacity’

Help to Buy 2 is operating at just over a tenth of its capacity, according to new research by mortgage insurer Genworth. Chancellor George Osborne pledged the scheme could enable up to £130bn of lending over three years, equal to £43.3bn a year. However, Genworth’s analysis shows the scheme supported £5.7bn in 2014, just 13 […]

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Govt pledges to tackle ‘heavy handed’ regulators

The Government will today set out plans to cut at least £10bn in business red tape in a bid to boost Britain’s growth prospects, the Telegraph reports. Recently-appointed Business Secretary Sajid Javid will vow to help small firms by getting “heavy handed” regulators off their backs. In a speech in Bristol, Javid will say: “Small […]

How tax relief changes will hit pension contributions

The highest earners in the country would lose out more on pensions tax relief under the Conservatives than the Liberal Democrats. Each of the major parties has indicated cutting the tax relief on higher earners following the general election. Scenarios modelled by Fidelity Worldwide Investment show someone earning £250,000 a year and making gross pension […]

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