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Chancellor Philip Hammond has announced that rates for insurance premium tax (IPT) will rise by 2%, taking it from 10 to 12%, starting in June 2017.
In his first Autumn Statement, the new Chancellor Philip Hammond announced plans to reduce the Money Purchase Annual Allowance from £10,000 a year to just £4,000 from April 2017.
One of the rabbits pulled out of chancellor Philip Hammond’s hat is the announcement of a new market-leading three-year savings bond.
In an Autumn Statement thin on surprises for private investors, chancellor Philip Hammond has announced a clampdown on salary sacrifice schemes.
The government will publish a consultation looking at ways to tackle pension scams before Christmas, chancellor Philip Hammond announced in his Autumn Statement.
Each year the government must deliver two economic updates - the Budget and the Autumn Statement (which has changed names and timing over the years, read on for more details).
Over half (55%) of UK households are worried about the rising cost of food, following the vote to leave the European Union.
The Consumer Prices Index (CPI) rate of inflation rose from 1.8% in the year to January to 2.3% in the year to February, the Office for National Statistics (ONS) has today announced.
Nearly half (44%) of Moneywise.co.uk users are happy with the majority of announcements made in the recent Budget.
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