government Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/government/ North Devon's Leading Wealth Managers Mon, 15 Dec 2025 13:08:00 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png government Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/government/ 32 32 Toothless Budget lacked real drive https://www.miltonpj.net/2025/12/04/toothless-budget-lacks-real-drive/ Thu, 04 Dec 2025 09:00:00 +0000 https://www.miltonpj.net/?p=12108 For readers here, the biggest pieces of good news were what she didn’t do, such as attacking pension tax-free lump sums or tax relief on contributions, no lifetime Inheritance Tax on gifts or changes to present allowances and no changes to CGT. We did our best to discourage people from taking their cash from pensions […]

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]]> Raising tax without result https://www.miltonpj.net/2025/08/01/tax-collecting-without-result/ Fri, 01 Aug 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11925 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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]]> ISA reform looks likely – but no details as yet! https://www.miltonpj.net/2025/04/30/isa-reform-looking-more-likely/ Wed, 30 Apr 2025 12:27:07 +0000 https://www.miltonpj.net/?p=11815 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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]]> ‘Low key’ Spring Statement contained few surprises https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/ Wed, 02 Apr 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11762 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 […]

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]]> What is likely to happen in today’s Spring Statement? https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/ Wed, 26 Mar 2025 11:43:13 +0000 https://www.miltonpj.net/?p=11748 The Spring Statement is ‘not a Budget’ says the Chancellor as she prepares to unveil her plans for the UK economy in Parliament today (Wednesday). Rachel Reeves has already pledged she will not be raising taxes, saying this would only happen with ‘one financial event a year’ – the Autumn Budget but measures announced will […]

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]]> US wobbling subsides – for now https://www.miltonpj.net/2025/03/23/value-elsewhere-as-us-shares-wobble/ Sun, 23 Mar 2025 13:14:50 +0000 https://www.miltonpj.net/?p=11732 Wobbles in the States saw the Nasdaq lose 4% in one day – not much in one sense but the biggest one-day loss since October 2022, all the same. An 890 point drop on the Dow worried people too. Are these very dramatic changes a sign of negativity to come for the US? Remember as […]

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]]> What will happen in the October Budget? https://www.miltonpj.net/2024/10/16/what-will-happen-in-the-october-uk-budget/ Wed, 16 Oct 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11448 At the end of this month the Chancellor will unveil the first UK Budget under Labour in almost 15 years and there is a great deal of uncertainty as to what might be in it. Chancellor Rachel Reeves will present her first budget to the House of Commons on Wednesday, October 30 at around 12.30pm. […]

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]]> Oil prices and energy concerns https://www.miltonpj.net/2024/10/05/oil-prices-rise-how-will-it-affect-us/ Sat, 05 Oct 2024 13:39:34 +0000 https://www.miltonpj.net/?p=11423 Good afternoon. Along with Mr Felix Milton, I have just returned from an encouraging and helpful conference with ACFA – I have not been for a few years so it was a good and worthwhile event to recharge batteries. We were reminded of the value of the advice and service which a good financial adviser […]

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]]> Great British ISA plans will not be allowed to hatch https://www.miltonpj.net/2024/09/11/great-british-isa-plans-fail-to-hatch/ Wed, 11 Sep 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11374 Plans for the ‘Great British ISA’ have been shelved before they were hatched, sadly. The idea was unveiled in the previous Government’s final Budget (as it turned out) earlier this year by the then-Chancellor Jeremy Hunt. The scheme would have allowed savers to invest an extra £5,000 into London-listed equities on top of the existing […]

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]]> Election Eve looms https://www.miltonpj.net/2024/07/03/election-eve-looms-what-will-the-effects-be/ Wed, 03 Jul 2024 17:55:03 +0000 https://www.miltonpj.net/?p=11284 Well, we are almost there. Have you cast your vote yet (by post)…? Election Day is tomorrow and if you have an unused postal vote, you can still take it to your polling station and hand-in the envelope. However, first, to cheer you up and to change the subject, next Christmas is now nearer than […]

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