‘Cause for concern’ as UK inflation rises unexpectedly to 3%
The BoE will be trying to avoid stagflation as economic growth becomes a top priority for future rate cuts
national insurance
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UK unemployment rate holds steady at 4.4%
Marginally below the Bank of England’s forecast of 4.5%
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UK economy contracts 0.1% in October
Falling below expectations of a modest 0.1% increase, according to the ONS
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What should wealth firms expect in 2025?
Simplify Consulting’s Carl Woodward on the impact of NI increases, regulation and Consumer Duty on the wealth and advice industry next year
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Conservatives pledge to deliver further cuts to National Insurance
Rishi Sunak delivered the party’s election manifesto at Silverstone
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Spring Budget 2024: National Insurance cut by 2% – but could be a ‘sneaky tax grab’
‘Double-whammy’ of cuts will lower the main NI rate from 12% to 8%, but could ultimately see UK workers unknowingly pay more