The FCA is trying to fix the issue that savings in accounts opened a long time ago earn a lower interest rate then savers who shop around and open new accounts. 87% of UK adults have cash savings. Research conducted from the financial conduct authority (FCA) found...
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Pound Drops Below $1.30 as June Retail Sales Fall
Pound drops below $1.30 as June Retail Sales Fall There has been a surprising fall in the pound after a decrease in retail sales in June. Although the Office for National Statistics expected there to be a 0.2% rise in sales after May, it was reported that sales fell...
Requirement to Correct: time is running out to disclose
The requirement to Correct: time is running out to disclose ‘Requirement to Correct (RTC)’ legislation requires UK taxpayers to ensure that all foreign income and assets, where there may be UK tax to pay, have been correctly declared to HMRC by 30 September 2018. HMRC...
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Bank accounts to pay savers ‘minimum interest rate’ under FCA plans
The FCA is trying to fix the issue that savings in accounts opened a long time ago earn a lower interest rate then savers who shop around and open new accounts. 87% of UK adults have cash savings. Research conducted from the financial conduct authority (FCA) found...
Pound Drops Below $1.30 as June Retail Sales Fall
Pound drops below $1.30 as June Retail Sales Fall There has been a surprising fall in the pound after a decrease in retail sales in June. Although the Office for National Statistics expected there to be a 0.2% rise in sales after May, it was reported that sales fell...
Requirement to Correct: time is running out to disclose
The requirement to Correct: time is running out to disclose ‘Requirement to Correct (RTC)’ legislation requires UK taxpayers to ensure that all foreign income and assets, where there may be UK tax to pay, have been correctly declared to HMRC by 30 September 2018. HMRC...