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Regulation review is key issue in pre-Budget report

A review of regulation will be among the key issues raised in Chancellor Gor-don Brown’s pre-Budget report on December 2.

The report looks at potential areas for legislation in next year’s Budget.

Among the issues will be a review of corporation tax and a look at how the Hampton review of regulation is progressing.

The pre-Budget briefing will be keenly watched by the financial services sector as it is likely to form the central platform of Labour’s campaign ahead of a general election which is expected next spring.

Brown has ruled out a pre-election spending spree or a giveaway Budget although parents will get the first child trust fund payments in April.


Out of context

“I’ve been in California and, believe me, the wine there works better than the tablets I’ve been on.” – Premier Mortgage Serv-ices managing director John Malone samples Napa Valley and gets over a recent illness.“You do realise you are visiting the most dangerous place in the UK?” – Lord Hunt of the Wirral, newly appointed […]

Time for a new approach to asset allocation

Trevor Greetham, RLAM’s head of multi asset, introduces the recentlylaunched RL GMAPs. Asset allocation has become an increasingly difficult challenge for investors and advisers in the years since the financial crisis. Sometimes violent price swings in stock and commodity markets coupled with the collapse in the rate of interest on bonds have made it harder […]


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