Articles tagged "Budget 2009"

Threat to pension savers

News
Nearly four million Brits who currently pay into occupational pension schemes could be at risk of losing their employer contributions in light of changes to tax relief for higher earners.

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Recession deeper than expected

News
New figures show that the recession is deeper than previously thought, with the economy shrinking by 1.9% in the first three months of this year – the largest fall since 1979.

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Death knell for final salary schemes

News
It is feared that the government may be planning to scrap tax relief on employer contributions to high earners' pensions - potentially sounding the death knell for final salary schemes.

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Faster broadband for four million homes

News by Nathalie Bonney
Close to four million homes should get faster internet access under plans announced in the Budget 2009.

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Darling’s economic forecast “unrealistic”

News by Johanna Gornitzki
Alistair Darling’s optimistic growth forecast has been slammed as “unrealistic” by leading economists.

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Rebecca Atkinson's picture

Increased ISA allowance won’t help savers

By: Rebecca Atkinson on Apr 23rd, 2009

Over the past few months, Moneywise has highlighted again and again the plight of savers hit, first of all, by the financial insecurity of the banking sector and then again by the historically-low Bank of England base rate.

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High earners lose 40% tax relief

News
Tax relief on pension contributions at 40% will be scrapped from 2011 for people earning more than £150,000.

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What the Budget means for investors

News
The Budget contained several details which will impact investors, reports Andrew Pitts.

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Darling delivers blow to holiday-homeowners

News by Johanna Gornitzki
People who own a holiday-home in the UK will lose a range of tax benefits from next April after a hidden clause in the Budget revealed the holiday lettings rules are to be scrapped.

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How markets reacted to the Budget

News
UK government bonds fell sharply and the benchmark 10-year government bond yield shot up by nearly four basis points after chancellor Alistair Darling delivered his forecasts for public borrowing.

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