Your money: 7 things that have changed in the past month

Your money 7 things that have changed in the past month 150pxDuring the past month the Chancellor has delivered his Autumn Statement and we’ve had an avalanche of announcements and news all of which will affect your personal finances. We’ve rounded up the seven biggest changes that you need to know about. #1 Homebuyers: Stamp Duty cut In his Autumn Statement George Osborne announced major changes to the way Stamp Duty is calculated. At present anyone buying a residential property for more than £125,000 will pay Stamp Duty; calculated as a percentage of the ...

Budget 2014: The headlines

Budget 2013 the headlinesGeorge Osborne, the Chancellor of the Exchequer, got to his feet at 12.30 today and over the course of the next hour delivered his latest Budget Statement If you have a pension or ISA the changes announced today are possibly the largest for a generation; read on to learn more. He started by saying that the “economy was recovering faster than forecast” and that “together with the British people we held our nerve” he then went on to announce huge changes to the way in ...

Inflation: No change as inflation stays at 2.8%

No change as inflation stays at 2.8Figures from the Office for National Statistics (ONS), show the Consumer Prices Index (CPI) was unchanged in March at 2.8%, but still remains at the highest level since May 2012. At the same time, the Retail Prices Index (RPI), which was relegated from being an official statistic last month but is still used in the calculation of benefits and pensions, rose slightly from 3.2% in February, to 3.3% in March. According to the ONS rises in the cost ...