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Who’s in and who’s out: The high profile election losses

Shadow Chancellor Ed Balls and pensions minister Steve Webb are the most high profile financial services scalps to be claimed after a shock election night. Balls, who previously held a majority of just 1,101 in the constituency of Morley & Outwood, lost out to Conservative Andrea Jenkins by 422 votes. Webb lost to Conservative candidate […]

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Adrian Walker: Pension tax relief in the crosshairs

Pension tax relief has come under fire this month as the three main political parties unveiled their election manifestos. First to be revealed was the Labour plan to restrict tax relief for top-rate taxpayers (around 300,000 people) to the same level as basic-rate payers: i.e. 20 per cent. The cut would begin at £150,000, tapering […]

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Brian Tora: Is the market pricing in future risks properly?

With the general election campaign now in full swing, our domestic market is displaying the sort of nervousness that might be expected when the final outcome is so uncertain. Building a base above 7,000 for the FTSE 100 is now looking a tough challenge. While the success or otherwise of the majority of those companies […]

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Wells Street Journal: Conservative MP in jammy dodger bribery scandal

Treasury select committee member Jesse Norman is under investigation by police over suggestions he attempted to bribe voters in his constituency of Hereford and South Herefordshire with jammy dodgers. West Mercia Police have confirmed that Norman, who won the seat for the Conservatives in 2010, is under scrutiny after photos emerged of the parliamentary candidate […]

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