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Truss vs Sunak: Next PM risks fuelling inflation and spooking financial markets

The UK’s next prime minister may risk exacerbating inflation and knocking down the confidence of financial markets, industry experts warn.
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Past recessions are not a guide to the future

Interest rates in the UK now stand at 1.75%, after this month’s 0.5% increase. Investors might be forgiven for feeling confused. ....

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Weatherbys hires ex-Barclays man as head of investments

William Morris replaces CIO John Butters who has left the firm to run his family business ....

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Weatherbys hires Close Brothers' funds director Shirley Coe

Weatherbys hires Close Brothers' funds director Shirley Coe
citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.

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More savers hit by charges for busting pension tax relief limits

The Government tops up pensions as an incentive to save for old age
There are annual and lifetime limits and if you go over them HMRC will claw back some of your savings
HMRC has reported a rise in the number of people who get caught out
Meanwhile, the Chancellor is reportedly mulling a raid on pension tax breaks to help pay the massive bill for fighting Covid-19. ....

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