Government U-turns on 45% tax cut
Chancellor Kwasi Kwarteng has U-turned on the controversial plan to scrap the UK’s 45% tax rate following a public outcry.
Kwasi Kwarteng
The mini-Budget: what next for mortgages?
Following Kwasi Kwarteng’s mini-Budget last month, expectations for where borrowing costs will peak rose by 150 basis points.
NRLA urges Chancellor to reform the benefits system
The National Residential Landlords Association (NRLA) has urged the Chancellor to reform the benefits system and reduce landlord taxes to ease the impact of the cost-of-living crisis on both landlords and tenants.
EDITOR VIEW: Time for a government U-turn?
It’s only been a few working days since the government’s mini-budget hit the financial markets like a bad stink, which makes you wonder whether there will be any backtracking on any of the policies that were announced.
Pantheon: Bank will not hike base rate all the way to 6%
Research consultancy Pantheon Macroeconomics reckons the Bank of England’s actions means it won’t increase the base rate all the way to the 6% level currently priced in by the financial markets.
Government unveils “investment zones” policy – summary and reaction
The government has unveiled plans to introduce regional “investment zones” where stamp duty will be abolished, employment taxes will be slashed and planning rules will be loosened.
Investors spooked by tax cuts
The value of pound and stocks have both tumbled following the government’s mini-budget, signalling that investors are questioning the government’s succession of tax cuts.
Property Investment Tips & Advice - Property Market Opinion - Tips & Advice on Buy-To-Let Investment
Stamp duty cut: Here’s what it means
Raising the nil rate band is long overdue and will mean that some pay no SDLT at all, and other pay less than they would have last week.
Liz Truss unveils cabinet
Liz Truss has appointed a team of senior ministers, including Kwasi Kwarteng as Chancellor of the Exchequer.
Commercial tenants handed extra protections
There will be an arbitration process to resolve disputes between commercial landlords and tenants.
