Chancellor's Budget Archives - Philip J Milton & Company Plc

UK growth pains, our 40th and testimonials

Philip J Milton & Company Plc — Fri, 19 Sep 2025 09:00:00 +0000

Oh dear, so the latest UK economics’ figures for the month suggest there was zero growth (and also August’s government borrowing was higher than expected as well). As I have shared before, chancellors pre-spend their projection of economic growth’s increased tax revenues so when it doesn’t happen… and the flip side is then more people […]

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Raising tax without result

Philip J Milton & Company Plc — Fri, 01 Aug 2025 09:00:00 +0000

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 […]

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Chancellor tears but not for us

Philip J Milton & Company Plc — Fri, 11 Jul 2025 12:53:37 +0000

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 […]

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Market news and investment

Philip J Milton & Company Plc — Fri, 16 May 2025 15:20:14 +0000

Meta and Microsoft both topped analysts’ expectations for latest quarter’s results at the same time the US economy suffered a regression of 0.3% in the first quarter’s ‘growth’ – apparently nothing whatsoever to do with President Trump of course and his actions of late. Gold has come-off its top – an over-extended spike it might […]

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ISA reform looks likely – but no details as yet!

Philip J Milton & Company Plc — Wed, 30 Apr 2025 12:27:07 +0000

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 […]

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Days left to make ISA and Pension contributions before Financial Year ends

Philip J Milton & Company Plc — Tue, 01 Apr 2025 15:41:14 +0000

So the dearly departed are coming to the rescue of the Chancellor, as Inheritance Tax receipts for the period from April 2024 to February 2025 topped £7.6billion and that is before the swingeing increases in the Autumn Statement where these death duties will affect pensions and businesses too. The figure is projected to grow another […]

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Interest rates remain static – will this affect you?

Philip J Milton & Company Plc — Wed, 25 Sep 2024 12:18:30 +0000

Interest rates are set to remain at 5% until after the Government’s Budget at the end of October. The Bank of England confirmed on Thursday (September 19) the rate would remain static, with inflation remaining stubbornly at 2.2% and above the ‘magic’ 2% target. At its latest meeting, the bank’s Monetary Policy Committee (MPC) voted […]

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