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Govt mulls death taxes for social care funding

The Conservative Party is reportedly considering funding changes to social care through increases on post-death taxes. Ahead of the party’s manifesto launch next week, the idea of higher inheritance tax or other reforms is being discussed by Conservative officials, according to the Financial Times. While Chancellor Phillip Hammond said at the Spring Budget that a […]

UK GDP growth revised down

UK GDP growth for the first quarter has been revised down to 0.2 per cent compared to the 0.3 per cent reported in April. The fall was “mainly due to broad-based downward revisions within the services sector”, ONS said in its second estimate. In particular, consumer facing industries such as retail and accommodation fell and household spending slowed, partly […]

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FCA to spend £60m fitting out new offices

Move to Stratford to cost regulator £60m in fit out costs The FCA is to spend £60m fitting out its new offices in Stratford. Board minutes released by the regulator say the FCA plans to start moving to its new offices in East London in May 2018 and out of its current Canary Wharf premises. […]

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