Finance News

PENSION contributions are something many people will make, with a vast number of employees now automatically enrolled into a workplace pension. What impact can pension contributions have on Income Tax and the High Income Child Benefit Tax Charge? Daily Express :: Finance Feed

The pound was left flat against the euro this afternoon, with the pairing currently trading around €1.159 as Brexit party leader, Nigel Farage presented the Prime Minister with an ultimatum. Sterling was left flat as Mr Farage surprised political analysts by denouncing Boris Johnson’s EU-endorsed deal and announcing his party will fight the Conservatives for every seat if the deal ...

The pound US dollar exchange rate held steady today, with the pairing currently trading around $ 1.295 after October’s US ISM Manufacturing PMI fell below forecasts and remained mired in contraction territory at 48.3. Trade tensions and a slowing global economy are being blamed for the slowdown in American factory output. Daily Express :: Finance Feed

THE LABOUR PARTY’s proposed plans to shorten the work week to four days only would be devastating for small businesses, a tax expert told Express.co.uk. Daily Express :: Finance Feed

PENSION savers will experience new rules going forward, as they come into force today. Amid the change, retirees have been issued with a warning. Daily Express :: Finance Feed

HELP TO BUY ISAS are currently available to be opened by new eligible savers, however the deadline is looming. Yesterday, Martin Lewis, the founder of Money Saving Expert, urged savers to open an account ahead of the cut-off – even if they had very few savings to put into it. Daily Express :: Finance Feed

THE COLD Weather Payment Scheme, which is run by the Department for Work and Pensions begins today, meaning Universal Credit, Pension Credit and some other benefits recipients may be able to get an extra payment in periods of very cold weather. Daily Express :: Finance Feed

LORD ALAN SUGAR is now known as one of the UK’s most successful business tycoons and the face of hit TV series ‘The Apprentice’, but his wealth comes from a surprising source according to an unearthed article. Daily Express :: Finance Feed

A REMOTE crypto mining firm with direct links to the Russian government is aiming to gather up what’s left of the supply of bitcoin before it runs out. Dmitry Marinichev, the chief executive of the Russian Mining Company, says that he is planning to convert a massive former steelworks close to the Finnish border into an elite, purpose-built bitcoin mining ...

THE LABOUR PARTY’s proposed plans to abolish private education and move all students into the state sector would have “severe consequences” on taxpayers, a tax expert told Express.co.uk. Daily Express :: Finance Feed