Posts by Chris Hitchcock

FCA to Reform Overdraft Market

FCA to Reform Overdraft Market

The Financial Conduct Authority (FCA) is to introduce reforms to change the ‘dysfunctional overdraft market’ The aim is to make them more fair, simpler and open. In 2017 firms made £2.4bn from overdrafts, 30% of this coming from unarranged overdrafts. People living in more disadvantaged areas were more likely to feel the effect of these […]

Autumn Budget – 2018

Overview and Key Points The Economy 2018 growth downgraded from 1.5% to 1.3% 2019 forecast raised from 1.3% to 1.6% Subsequent years to see growth of 1.4%, 1.4% and 1.6% 3 million more people in work since 2010 Wage growth is at its highest for nearly a decade Public borrowing in 2018 to be £11.6bn, […]

Tax Rates, thresholds and allowances ...

Tax Rates, thresholds and allowances for 2018/19 Tax Year

Personal tax rates, allowances and thresholds Company tax rates, allowances and thresholds      

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