Lower Forever?
When the bank of England cut base rate to 0.5% in March 2009, nobody was expecting that nearly seven and a half years later the Bank's next move would be a further cut to 0.25%, but that is what happened…
Transfer Values Rise
One of the side effects of the fall in long-term interest rates following the Brexit vote has been a widening of the deficits faced by private sector final salary pension schemes. Their liabilities are valued using long-term interest rates and,…
More Tax Avoidance and Tax Evasion Measures
While the EU has just landed Apple with a possible bill of €13bn for tax avoidance, in the UK HMRC has been busy publishing more proposals aimed at avoidance and evasion. Strengthening tax avoidance sanctions and deterrents A consultation paper…
Funding the Costs of a University Education just got Nisa
We have now just passed the “exam result” season. Many eighteen year olds will have bitten their nails with nervousness over their grades in the anticipation of whether they will gain entry to the university of their choice. Many parents…