View more on these topics

Budget 2014: OBR revises growth forecasts up to 2.7% for 2014

The Office for Budget Responsibility has revised its growth forecasts upwards from 1.8 per cent to 2.7 per cent for 2014.

Delivering his Budget address today, chancellor George Osborne said the updated forecasts represented the biggest upward revision to growth for 30 years.

The OBR now forecasts that growth will fall to 2.3 per cent for 2015, before increasing to 2.6 per cent in 2016 and 2017, and 2.5 per cent in 2018.

Osborne says: “This is a Budget for building a resilient economy” with “support for savers at the centre of this Budget.”



More providers increase annuity cancellation periods

Scottish Widows has increased its cooling off period for annuity purchases to 60 days following the Budget pensions shake-up. The changes revealed by Osborne on Wednesday will allow people to take their entire pension pot as cash from age 55 from April next year. Any Scottish Widows annuity quotations issued since 18 February will now be valid […]


Govt boosts childcare support to £2,000 per family

The Government is boosting its childcare support by offering families up to £2,000 of tax relief per child. The Guardian reports the new package will be available for anyone with children up to the age of 12, instead of the previous proposed cut-off age of five. Previously, the reforms were being phased in over seven […]


Budget 2014: HMRC gets greater powers to fight tax avoidance

Chancellor George Osborne will boost HM Revenue & Customs’ powers as part of plans to tackle tax avoidance. He says the Government will “modernise and strengthen HMRC’s debt collection powers.” The Government plans to give HMRC the power to recover tax directly from debtors’ bank accounts where they owe more than £1,000 and have previosuly […]

Three stocks due a Brexit boost

By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm