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	<title>chancellor Archives - Philip J Milton &amp; Company Plc</title>
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	<title>chancellor Archives - Philip J Milton &amp; Company Plc</title>
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		<title>Budget ‘black hole’ is filling with rumour if nothing else…</title>
		<link>https://www.miltonpj.net/2025/11/24/budget-rumours-swirl-amid-speculation/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Mon, 24 Nov 2025 10:00:00 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[Westminster]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[UK Budget]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[tax hikes]]></category>
		<category><![CDATA[CGT]]></category>
		<category><![CDATA[UK Autumn Budget]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[Rachel Reeves]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Budget rumour]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12091</guid>

					<description><![CDATA[<p>This Wednesday, (November 26) the Chancellor will unveil her much-anticipated Autumn Budget and reveal her latest plans for filling the alleged ‘£20 billion black hole’ in the public finances. Or is it £30bn? So what will be in Rachel Reeve’s Budget and how might it affect you? That is certainly the £20billion question because, as [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/11/24/budget-rumours-swirl-amid-speculation/">Budget ‘black hole’ is filling with rumour if nothing else…</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>A message from the Chancellor&#8230;</title>
		<link>https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 07 Nov 2025 17:30:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[drawing from pension]]></category>
		<category><![CDATA[Rachel Reeves]]></category>
		<category><![CDATA[scammers]]></category>
		<category><![CDATA[Labour Budget]]></category>
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		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[Budget advice]]></category>
		<category><![CDATA[chancellor Rachel Reeves]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[UK Budget]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[pre budget advice]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[tax hikes]]></category>
		<category><![CDATA[tax rises]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[CGT]]></category>
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		<category><![CDATA[the Budget]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[tax free lump sum]]></category>
		<category><![CDATA[seeking advice]]></category>
		<category><![CDATA[pension funds]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12068</guid>

					<description><![CDATA[<p>Good afternoon. I have just returned from a relaxing and much-needed break which took us to bustling Hungary, Slovakia and Austria. Yes, I took the computer though the inbox defied my occasional review so apologies if you are still awaiting my reply! I returned to an unexpected speech from our Chancellor. I should like to [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/">A message from the Chancellor&#8230;</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Car finance, compensation &#038; comedy</title>
		<link>https://www.miltonpj.net/2025/08/07/car-finance-compensation-could-be-worse/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 07 Aug 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[property scams]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[seeking advice]]></category>
		<category><![CDATA[maxims for business]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[financial scams]]></category>
		<category><![CDATA[maxims for investment]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[scammers]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[good advice]]></category>
		<category><![CDATA[investment trusts]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[IFA]]></category>
		<category><![CDATA[car finance]]></category>
		<category><![CDATA[fraudsters]]></category>
		<category><![CDATA[lenders]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[Quilters]]></category>
		<category><![CDATA[anniversary]]></category>
		<category><![CDATA[40th anniversary]]></category>
		<category><![CDATA[1985]]></category>
		<category><![CDATA[independent advice]]></category>
		<category><![CDATA[commercial property]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11939</guid>

					<description><![CDATA[<p>Good afternoon. Interesting news for car finance companies over the weekend as compensation will be far more limited than worst fears.  It is not as if users did not know what they were going to pay for their car loan, so I am all rather cynical of this &#8211; as I was with the PPI [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/08/07/car-finance-compensation-could-be-worse/">Car finance, compensation &#038; comedy</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Raising tax without result</title>
		<link>https://www.miltonpj.net/2025/08/01/tax-collecting-without-result/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 01 Aug 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[US shares]]></category>
		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[investment platforms]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[Chancellor's Budget]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[good advice]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[Rachel Reeves]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[tax collecting]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[uncertainty]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11925</guid>

					<description><![CDATA[<p>It seems this Government is being the most successful at raising the rates of tax yet collecting less cash as a result – and doing untold harm to the economy as well as consumer and business confidence the same time. No, this isn’t political comment; it’s simply financially factual.   Whatever one’s politics and no, it’s [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/08/01/tax-collecting-without-result/">Raising tax without result</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Chancellor tears but not for us</title>
		<link>https://www.miltonpj.net/2025/07/11/chancellor-tears-but-not-for-us/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 11 Jul 2025 12:53:37 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[Sterling]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[Dollar]]></category>
		<category><![CDATA[investment platforms]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[Chancellor's Budget]]></category>
		<category><![CDATA[trusts]]></category>
		<category><![CDATA[scammers]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[chancellor Rachel Reeves]]></category>
		<category><![CDATA[governments]]></category>
		<category><![CDATA[cheap funds]]></category>
		<category><![CDATA[uncertainty]]></category>
		<category><![CDATA[passive tracers]]></category>
		<category><![CDATA[US shares]]></category>
		<category><![CDATA[passive trackers]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[fraudsters]]></category>
		<category><![CDATA[Pound]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[corporate]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11899</guid>

					<description><![CDATA[<p>So, very unconvincingly the Prime Minister supporting the Chancellor’s dire financial announcements brought the wrong sort of tears to her eyes, promptly seeing the cost of long-term UK Government debt rise by a whopping 5% and Sterling losing a cent instantly. Fortunately that was short-lived but we’re still paying far more than at the worst [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/07/11/chancellor-tears-but-not-for-us/">Chancellor tears but not for us</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>ISA reform looks likely &#8211; but no details as yet!</title>
		<link>https://www.miltonpj.net/2025/04/30/isa-reform-looking-more-likely/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 30 Apr 2025 12:27:07 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[Chancellor's Budget]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[ISA]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[savers]]></category>
		<category><![CDATA[Cash ISA]]></category>
		<category><![CDATA[Autumn Statement]]></category>
		<category><![CDATA[Market ISA]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[ISA reform]]></category>
		<category><![CDATA[financial adviser]]></category>
		<category><![CDATA[IFA]]></category>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[Great British ISA]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11815</guid>

					<description><![CDATA[<p>A shake-up of Cash ISAs seems on the cards as the Government has given its clearest indication yet that it is looking to reform the system. That’s a good thing as it will encourage people to see ‘investing’ as different from ‘saving’! As reported by online financial news platform Citywire, City Minister Emma Reynolds has [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/30/isa-reform-looking-more-likely/">ISA reform looks likely &#8211; but no details as yet!</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>‘Low key’ Spring Statement contained few surprises</title>
		<link>https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 02 Apr 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[public sector pay]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[chancellor Rachel Reeves]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[Market ISAs]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[Spring Statement]]></category>
		<category><![CDATA[non doms]]></category>
		<category><![CDATA[defence]]></category>
		<category><![CDATA[inheritance tax allowance]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[death duties]]></category>
		<category><![CDATA[employment levels]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Labour]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11762</guid>

					<description><![CDATA[<p>The Chancellor’s Spring Statement did not contain a great deal we hadn’t already heard and no immediate prospects for economic growth. In a relatively low key affair, Rachel Reeves set out her latest update on the economy and restated plans to cut the welfare budget as well as making cuts to Government departments, as we [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/">‘Low key’ Spring Statement contained few surprises</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Hold fire on pensions Inheritance Tax decision for now…</title>
		<link>https://www.miltonpj.net/2024/12/12/inheritance-tax-and-pensions-uk/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 12 Dec 2024 14:57:14 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[autumn]]></category>
		<category><![CDATA[2024]]></category>
		<category><![CDATA[clients]]></category>
		<category><![CDATA[inheritance tax allowance]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[death duties]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[Inheritance Tax]]></category>
		<category><![CDATA[pensions IHT]]></category>
		<category><![CDATA[IHT]]></category>
		<category><![CDATA[Inheritance Tax reform]]></category>
		<category><![CDATA[economy]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11531</guid>

					<description><![CDATA[<p>Reforms announced in the Budget to include unused pensions in Inheritance Tax from 2027 have rightly prompted concern and fears for those planning how to pass on their estate to their family – but don’t do anything rash just yet! This is because HMRC is running a consultation on these proposals until January 22, 2025 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2024/12/12/inheritance-tax-and-pensions-uk/">Hold fire on pensions Inheritance Tax decision for now…</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>What will Inheritance Tax changes mean for farmers and the rest of us?</title>
		<link>https://www.miltonpj.net/2024/11/27/what-will-farming-inheritance-tax-changes-mean/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 27 Nov 2024 15:25:18 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[agriculture]]></category>
		<category><![CDATA[IHT]]></category>
		<category><![CDATA[farming inheritance tax]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[farming IHT]]></category>
		<category><![CDATA[property market]]></category>
		<category><![CDATA[legal tax avoidance]]></category>
		<category><![CDATA[high inflation]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[IFA]]></category>
		<category><![CDATA[Financial advice]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[autumn]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[farming]]></category>
		<category><![CDATA[Inheritance Tax]]></category>
		<category><![CDATA[new farming tax]]></category>
		<category><![CDATA[Philip J Milton & Company Plc]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11505</guid>

					<description><![CDATA[<p>Farming is a huge part of life for many here in North Devon and there is growing concern at the Government’s decision to change Inheritance Tax rules for farmers (and others in business). Shortly we shall be writing to clients to clarify some of the changes in the recent Budget from Chancellor Rachel Reeves and [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2024/11/27/what-will-farming-inheritance-tax-changes-mean/">What will Inheritance Tax changes mean for farmers and the rest of us?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Top 100 firms accolade and buyer’s remorse…</title>
		<link>https://www.miltonpj.net/2024/11/20/pjm-and-co-retains-citywire-top-100-status/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 20 Nov 2024 10:00:00 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[pension lump sum]]></category>
		<category><![CDATA[tax free pension cash]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[buyer's remorse]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[Philip J Milton & Company Plc]]></category>
		<category><![CDATA[trends]]></category>
		<category><![CDATA[Choweree]]></category>
		<category><![CDATA[citywire]]></category>
		<category><![CDATA[Citywire top 100 firms]]></category>
		<category><![CDATA[high ranking]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11501</guid>

					<description><![CDATA[<p>We are delighted and very humbled to have been placed once again in the Citywire Top 100 Financial Advisers list for 2024. The well-respected online news, advice and analysis platform for those in the asset management and wealth industry publishes its Top 100 list annually and says it ‘celebrates the best of the professional financial [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2024/11/20/pjm-and-co-retains-citywire-top-100-status/">Top 100 firms accolade and buyer’s remorse…</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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