Tag #Uk Finance

dailymail.co.uk
🌐 85% Global Worthiness
News related image

UK Inheritance Tax Expansion to Pension Death Benefits in 2027

Starting April 2027, UK inheritance tax will extend to most pension death benefits, impacting inheritance plans for many families; exceptions include spouses and dependent children under 23 or with health-related dependencies; delays in payouts are anticipated.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Janus Henderson Rejects Saba Capital's Takeover Bid for London-Listed Trusts

Janus Henderson and Baillie Gifford are urging investors to reject Saba Capital's takeover bid for seven London-listed investment trusts, citing self-serving motives and potential risks to shareholder investments; votes are scheduled for February 4th and 5th.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

This is Money's Consumer Champion Recovers £1.44 Million for Readers in 2024

In 2024, This is Money's consumer champion, Helen Crane, recovered £1.44 million for readers, addressing issues with banks, energy firms, insurers, and parking companies, exposing systemic problems and advocating for better consumer protections.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Nationwide Injects £650 Million into Virgin Money's Clydesdale Bank Post-Takeover

Nationwide injected £650 million into Virgin Money's Clydesdale Bank following its £2.8 billion takeover, creating Britain's second-largest savings and loans group; £250 million covered Sir Richard Branson's brand licensing agreement, while the rest addressed Clydesdale's lower capital ratios.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
News related image

UK Court Ruling on Car Loan Commissions Sparks £30bn Compensation Crisis

A UK court ruling declared undisclosed dealer commission on car loans illegal, prompting mass claims and potentially costing lenders up to £30bn in compensation, while claims management companies and law firms stand to profit immensely.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

TSB Error Leads to Closure of Santander Accounts

Due to TSB's error in placing three fraudulent markers on RL's name, Santander closed RL's five accounts, causing significant financial issues and the cancellation of a home extension; after eight months and a journalist's intervention, the accounts were reopened, but compensation offered is conside...

Progress

44% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
News related image

£28 Billion Motor Finance Mis-selling Compensation Bill Looms

The Court of Appeal's ruling on unlawful commission payments in motor finance deals could cost lenders £28 billion in compensation, impacting firms like Lloyds Banking Group (£4.2 billion) and Close Brothers Group (£460 million), with a December 4th deadline for final responses to complaints.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Saba Capital Targets Seven U.K. Investment Trusts

Saba Capital Management, a \$5.5 billion hedge fund, is launching a campaign to replace the boards of seven U.K. investment trusts due to poor performance and large discounts to net asset value, totaling a \$1.9 billion investment.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 65% Global Worthiness
News related image

Vanguard introduces \u00a34 monthly fee for UK investors

Vanguard, the world's second-largest asset manager, is introducing a \u00a34 monthly fee for UK Personal Investing clients with under \u00a332,000 invested, starting in January 2024, impacting Sipp, Isa, and general accounts; while reducing the Vanguard Managed Isa management fee by a third.

Progress

16% Bias Score

Reduced Inequality