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2024

UK and Europe dumps on Trump

When it came, Donald Trump’s reelection to the White House as anarchist in chief wasn’t unexpected. But the scale of his victory – and just how quickly the result was declared – was a surprise. No wonder markets scrambled to recalibrate in the hours that followed. The morning in London after the night before saw [...]

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Reduce tax on savings by parking cash in gilts [Members]

Are you paying tax on your savings interest? Would you like to pay less tax? Well, it turns out you can, by stashing your cash in gilts ((UK government bonds.)). It’s a legal and safe option that I’ve personally overlooked until now. The trick is to move your money out of savings accounts and into [...]

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Feel free to skip one more pundit’s view of the Budget if you’ve had enough. I’m not claiming to be John Maynard Keynes. This is just how I see things. When asked why he robbed banks, the US heist wiz Willie Sutton said: “Because that’s where the money is.” Those hit by what passes for [...]

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Capital gains tax in the UK

Thanks to ISAs, SIPPS, and full relief on your own home, most of us can avoid paying capital gains tax. But you should still understand how it works.

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