A professional sporting career compresses a lifetime of earnings into a handful of years. Whether you play football or rugby, fight in boxing or MMA, or compete in cricket, golf or athletics, your highest-earning years usually arrive first — often before you turn 25 — and the window can close without warning. That makes the financial decisions you take during …
Important changes to ISA rules announced by the Treasury The Treasury has confirmed plans to introduce a 22% levy on cash interest held inside Stocks & Shares ISAs. These proposals form part of a new set of draft rules published on 23 June and are now open for consultation. Under the draft rules, any interest or alternative finance return generated …
Published June 2026 — based on the latest HMRC monthly tax receipts bulletin The latest figures from HMRC show that Inheritance Tax receipts for May 2026 totalled £1.4 billion — around £37 million lower than the same month last year. April’s receipts were also down, coming in at £715 million, which was £65 million below the equivalent figure for the …
The Bank of England’s Monetary Policy Committee has voted 7-2 to hold Bank Rate at 3.75% amid ongoing political and economic uncertainty. The vote was in line with consensus expectations, with a smaller probability of a 6-3 split. Two members voted to increase Bank Rate by 0.25 percentage points, to 4%. A hold was widely predicted after UK CPI inflation …
April – December 2025 saw Treasury net £6.6bn from estates Inheritance tax (IHT) receipts for April 2025 to December 2025 reached £6.6bn, a rise of £200m compared to the same period last year, latest HM Revenue & Customs (HMRC) figures show. The continued rise in tax take from IHT was deemed “unsurprising” by experts who predicted a surge from April …
Interest rates reach their lowest levels since 2023 after the Monetary Policy Committee voted 5-4 in favour of a cut amid falling inflation. The Bank of England (BoE) has cut interest rates by 0.25 percentage points to 3.75%. In a widely expected move, the Monetary Policy Committee (MPC) voted five to four in favour of bringing borrowing costs down to …
