Government abandons probate fee hike

Plans to increase probate fees that were due to take effect earlier this year have been scrapped. Families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to administer estates worth more than £5,000. That system was...

Javid pencils in Budget 2019 date

Budget 2019 is scheduled to take place on Wednesday 6 November, Chancellor Sajid Javid has confirmed. Whether or not Budget 2019 takes place on 6 November depends largely on the UK securing a deal to leave the EU before 11pm on 31 October 2019. If no deal is reached,...

UK avoids recession, latest figures show

Fears of an imminent recession fuelled by uncertainty around Brexit have proven unfounded according to figures released yesterday by the Office for National Statistics (ONS). The ONS published its quarterly report on gross domestic product (GDP) for the months from...

Employers need help to absorb living wage hike

Business groups want more support to help employers meet the Chancellor's pledge to raise the national living wage (NLW) to £10.50 an hour by 2024. Chancellor Sajid Javid announced the planned hike alongside lowering the age threshold for those who qualify for the NLW...

Chancellor announces spending plans

Chancellor Sajid Javid has announced an additional £13.8 billion day-to-day spending on Government departments for 2020/21. In the Spending Review on 4 September 2019, the Chancellor said he was "turning the page on austerity", increasing funding for areas including...