Latest News from Money Expert

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Osborne Warns Employers Against Cutting Perks To Pay For Living Wage

Osborne Warns Employers Against Cutting Perks To Pay For Living Wage

By Danny Lord | Published: 20.04.2016

Chancellor George Osborne has criticised firms that are cutting staff perks in order to pay for the increased minimum wage for over-25s for not acting within the ‘spirit of the law’. Speaking on ITV’s...

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IMF Calls For Higher Spending to Encourage Growth

IMF Calls For Higher Spending to Encourage Growth

By George Gangar | Published: 19.04.2016

The steering committee of the International Monetary Fund has called on its member countries to adopt more “growth friendly” spending in order to boost the slowing global economy. Christine Lagarde,...

19

MPs Claim HMRC Should Be Doing More to Tackle Tax Fraud

MPs Claim HMRC Should Be Doing More to Tackle Tax Fraud

By George Gangar | Published: 19.04.2016

A group of MPs has said that HM Revenue and Customs is not taking enough action to tackle tax fraud.The MPs from the Public Accounts Committee (PAC) believes that the public are missing out on around...

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Surge in Buy To Let Landlords Causes Reaction in Market

Surge in Buy To Let Landlords Causes Reaction in Market

By George Gangar | Published: 19.04.2016

The rush in landlords trying to buy property before the hike in stamp duty has led to the average asking price of newly-listed homes jumping by 1.3% in the last month; the new average is £307,033....

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Housebuilding Boost Only Salvation For Construction Sector

Housebuilding Boost Only Salvation For Construction Sector

By Danny Lord | Published: 18.04.2016

According to figures from the ONS, the number of new homes built in the UK hit a record high in February, but this was not enough to prevent the construction sector as a whole from shrinking. The...

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Three-O2 Deal Under Threat from Brussels

Three-O2 Deal Under Threat from Brussels

By Danny Lord | Published: 18.04.2016

While a final decision is yet to be made over whether not the proposed acquisition of Telefónica’s O2 by CK Hutchinson will be allowed, antitrust regulators at the European parliament are leaning...

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EU Referendum and Stamp Duty Changes Causing “Uncertainty”

EU Referendum and Stamp Duty Changes Causing “Uncertainty”

By Danny Lord | Published: 15.04.2016

The latest report from the Royal Institute of Chartered Surveyors (RICS) claims that the upcoming referendum on our EU membership and the recently implemented stamp duty increase has led to “a climate...

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Bank Warns Again of Brexit Uncertainty

Bank Warns Again of Brexit Uncertainty

By Danny Lord | Published: 14.04.2016

Cementing the Bank of England’s anti-Brexit position, minutes from its Monetary Policy Committee’s latest meeting contain talk of uncertainty and slowing of economic growth that they feel would follow...

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Inflation Increases to 0.5% for March

Inflation Increases to 0.5% for March

By Danny Lord | Published: 13.04.2016

According to the Office for National Statistics inflation as measured by the Consumer Price Index increased to 0.5% in March, a 0.2% increase from the previous month. The jump was largely driven by an...

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Bank of England Appoints Sam Woods as Deputy Governor

Bank of England Appoints Sam Woods as Deputy Governor

By George Gangar | Published: 12.04.2016

Sam Woods, one of the officials behind the bank ring-fencing rules, has been named as a new deputy governor of the Bank of England. Many see this appointment as a reward from George Osborne for the...