CGT bills set to double in 5 years to £20bn

Capital Gains Tax receipts are forecast to more than double from £9.2bn in 2021/22 to £19.7bn in 2026/27, according to Government predictions.

Read more...

AutumnBudget: Full text of Chancellor's Speech

The Full Text of Chancellor Rishi Sunak's Autumn 2021 Budget Speech, delivered in the House of Commons at 12.34 pm on Weds 27 Oct 2021:

Read more...

NS&I launches Green Bond at 0.65% for 3 years

NS&I, the government’s savings arm, has today launched its eagerly-awaited new Green Savings Bond which will offer a gross rate of 0.65% fixed for 3 years.

Read more...

FCA to open 3 new regional offices

The Financial Conduct Authority (FCA) is looking to open three new regional offices by the end of 2021.

The regulator announced the move in its 2021-22 Business Plan released this morning, saying that it is developing a national location strategy as it looks to promote its role as a “regulator for the whole of the UK”.

At present the FCA has offices in London and Edinburgh.

The FCA said it is exploring opening an office in Leeds with at least 100 staff based there in the first phase. The regulator said it is currently working on what functions and precise numbers the Leeds office will have.

The Bank of England is also looking to open an office in the city, moving some of its London staff to create a new hub. The Treasury also recently announced plans in the Spring Budget to create a new campus in Darlington and make Leeds the headquarters for the UK’s new infrastructure bank. 

The regulator added that it plans to establish a presence in Belfast and Cardiff for the first time by the end of the year.

The regulator also plans to double its headcount in Edinburgh to over 200 over the next 2 years.

In its business plan the regulator also announced that it will begin a review of the scope and coverage of Financial Service Compensation Scheme (FSCS). 

The regulator said its review of the FSCS will be just one of many changes as part of its commitment to be a more innovative, adaptive and assertive regulator.


From Financial Planning Jobs. For more click on any job.

This is a selection of jobs from our new Financial Planning Jobs site - for more job vacancies click on any job or the link below.

Read more...
 Promote your vacancy to thousands of professionals on Financial Planning Jobs  
Our specialist jobs service Financial Planning Jobs can help you reach nearly 12,000 financial professionals. You can set up an Employer Profile and post your job the same day on Financial Planning Jobs (terms apply). Dozens of Financial Planning and Paraplanning firms have used our affordable service to recruit new talent.
Offer: Use code 'FPJSaver10' on checkout to save 10% on your listing. Click for details:
jobs.financialplanningtoday.co.uk/