UK Finance News

The Chancellor George Osborne announced the 2011 budget yesterday and here is a round up of the key points from his speech that are likely to have the biggest impact on our personal finances. This information is kindly supplied by money.co.uk.
Tax
Income tax
* From April 2012 personal allowance will increase by £630 to £8105.
* This [...]

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While the nation has been aware of the January 2011 VAT increase to 20% for some time, it has none the less come in for plenty of criticism now that it has been applied.
And not without good reason as the increase will burden all of us with more taxes to pay for everyday items at [...]

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No-one could claim the UK coalition Government have had an easy time of it since forming their partnership, but one thing is certain-things are about to get a whole lot tougher, for all of us.
The Coalition has generally, so far been welcomed by the majority of public and businesses alike, but tomorrow Chancellor George Osborne [...]

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The Director General of the Institute off Economic Affairs (IEA), Mark Littlewood, has blasted politicians at home in the UK and across Europe for jumping on the bandwagon to promote support for an international levy on bank assets.
The IEA are particularly at odds with the Conservative party over the issue, David Cameron’s party have not [...]

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The Automobile Association (AA) has reported that petrol prices in the UK are once again on the rise, the price per litre at petrol stations across the country has already risen by 4p in the last month, to mid March.
But the AA warn that prices will increase further and we may see a record high [...]

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