by Shilling Group | May 29, 2025 | Shilling Summary
INVESTMENT Chancellor reveals plan for £25bn pension ‘megafunds’ BBC News The UK Government has detailed its pension reform plans, introducing £25bn “megafunds” aimed at enhancing local investments to stimulate economic growth. Chancellor...
by Shilling Group | May 28, 2025 | Shilling Summary
OUTLOOK Start-ups hire fewer staff amid fall in business confidence City AM Start-up businesses in the UK are grappling with a challenging economic environment, according to Cynergy Bank’s latest Business Births and Deaths Index. The average number of employees...
by Shilling Group | May 27, 2025 | Shilling Summary
TAX Rachel Reeves could be forced into £30bn tax raid Financial Times The Daily Telegraph Labour’s pledge to restore winter fuel payments and review the two-child benefit cap could lead to another £10bn to £30bn of tax rises, experts fear. Stephen Millard, acting...
by Shilling Group | May 26, 2025 | Shilling Summary
EMPLOYMENT Auto-enrolment rates under review The Sunday Times The UK Government is set to review auto-enrolment rates in workplace pensions, aiming to address the “adequacy” of pension savings. Introduced in 2012, the current requirement mandates 8% of...
by Shilling Group | May 23, 2025 | Shilling Summary
OUTLOOK UK economy shows signs of recovery City AM Daily Mail The UK economy is showing signs of recovery following a challenging April marked by rising energy costs and employment tax increases. According to S&P Global’s latest flash purchasing...
