Chancellor George Osborne is to pay off the UK government’s remaining debt from World War One, the Treasury has announced.
The government will repay the outstanding £1.9bn of debt from a 3.5% War Loan on 9 March 2015. (more…)
Up to 200,000 people are set to cash in their pension pots all in one go next year, according to new research. From April 2015, all those over the age of 55 will have the freedom to take all their savings out of their pension fund, if they wish. (more…)
The Treasury has been consulting with financial services companies about the possibility of a cap on the amount that can be held in ISAs according to reports in one national newspaper. A figure of £100,000 was allegedly suggested by one Treasury official. There have been no denials from the Treasury, which has said it was just listening, not putting forward any firm proposals.
