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Jeremy Hunt to lean on savers to plug gap in public finances

Chancellor will raise NS&I net funding target in bid to plug hole in public finances

United kingdomSanjay rajaGeorge buckleyJeremy huntNational savingsOffice for budget responsibilityInstitute for fiscalNational savings investmentsDeutsche bankAutumn statementThreadneedle streetPremium bondBudget responsibilityFiscal studiesSavings accountsHm treasury

New UK clearing rules: same as the old rules?

Clearing experts doubt UK regulation can diverge significantly from Emir and global standards

United kingdomCity ofBank of england boeInancial conduct authority fcaLondon metal exchange lmeHm treasuryIce clear europeNited kingdom ukLearing membersEcovery and resolutionResolution regimesUropean market infrastructure regulation emirRisk management

Biba welcomes Afolami as Economic Secretary to the Treasury

Biba has welcomed the appointment of Bim Afolami, and expressed hopes of a positive relationship while praising predecessor Andrew Griffith.

United kingdomAndrew griffithBim afolamiGraeme trudgillBritish insurance broker associationEconomic secretaryInsurance ageBritish insurance brokers 039 association bibaHm treasuryNited kingdom uk

A helping hand on IHT: A £6bn tax change option for Hunt

The Conservative Party could consider a £6bn reform to the inheritance tax (IHT) threshold and residence nil rate band (RNRB) rather than reducing the headline IHT rate in order to boost its prospects in the next general election, Quilter says.

Shaun mooreJeremy huntAutumn statementHm treasuryJeremy hunt

Pension fund clearing call for evidence published

The Treasury has published a call for evidence on the clearing exemption for pension funds, which is due to expire in June 2025.

Hm treasuryPension fund clearing

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