Tagged: autumn statement

UK Fintechs Reflect on Tax Increases, More, as Revealed in Chancellor’s Autumn Budget

Yesterday, the UK government revealed its new budget and the changes being made to cover a deficit while attempting to fuel economic growth. While the punditry will be digesting the statement from the Chancellor of the Exchequer, Rachel Reeves, for days, CI has received a… Read More

Autumn Budget: CGT Rises as Anticipated, Other Policies Changed in Attempt to Fill the “Black Hole,” £40 Billion Expected to be Raised

In the Autumn Statement delivered by Chancellor of the Exchequer Rachel Reeves today, the UK government delivered on an expectation for an increase in taxes. The Chancellor is the first female to deliver a budget in the UK’s history. In total, the government anticipates about… Read More

Aurum Solutions, Quant CEOs Differ on Autumn Statement Outcome, Capital Gains Taxes

An increase in capital gains taxes (CGT) is anticipated to be announced at this week’s Autumn Statement. This will impact investments in firms and may undermine support of early-stage ventures. This much is clear. Today, we have two more executives adding their voices to the… Read More

“Government’s budget won’t help” – Autumn Statement is this Week. More Comments by Fintechs

The Autumn Statement, the event where the UK government outlines its forthcoming budget and associated programs, is scheduled for Wednesday, October 30th. Expectations are for the Labour government to increase certain taxes as it aims to close a gap in funding. CI has received multiple… Read More

Autumn Statement: Worries Grow Regarding Tax Increases

The annual Autumn Statement, where the UK government reveals its economic plan, is just around the corner. On October 30th, the Chancellor of the Exchequer, Rachel Reeves, will share the Labour government’s plans to reduce deficits while hopefully driving economic growth. As reported by the… Read More

CEO of Tide: Chancellor Delivered Little Help on Growth

The Autumn Statement delivered by the Chancellor of the Exchequer, Jeremy Hunt, last week included some grim news – including the declaration that the UK economy is in a recession. Fiscal sobriety was the message, a sharp turn from the mini-budget under Truss that caused… Read More

UK Entrepreneurs Turn to Banks, Mates & Personal Savings for Funding, Yet there are Better Options

Research indicates that Britons are in the dark about the funding options available. According to new research by Crowdfinders, UK entrepreneurs turn to their personal savings, friends/families and banks first.  This is despite the fact that many (64%) believe that its a dead end. Crowdfinders… Read More

Property Partner: Investments in Infrastructure & Technology Inject New Confidence in British Economy

British Chancellor of the Exchequer Philip Hammond delivered the annual autumn statement late last month and underlined the UK’s numerous economic weaknesses that the Brexit vote only enunciated.  As Brexit negotiations continue between now and 2019, Britain will have to tackle its poor productivity record, particularly… Read More

Mark Brownridge of EISA Lauds Advance Assurance Consultation for EIS/SEIS Tax Relief Announced in Autumn Statement

The Enterprise Investment Scheme Association (EISA) was created to advocate on behalf of the small companies that greatly benefit from the progressive tax benefits given to investors in UK SMEs.  EISA works closely with HM Treasury, HM Revenue and Customs, Government Ministers, MPs and the… Read More

Luke Lang of Crowdcube is Pleased with Autumn Statement, but Wants to See More for Crowdfunding

The Chancellor of the Exchequer’s Autumn Statement contained various boosts to business including acknowledgment of the importance of early stage companies for the UK economy. Chancellor Philip Hammond stated; “By injecting an additional £400m into venture capital funds through the British Business Bank, unlocking £1… Read More

Innovate Finance Responds to Chancellor of the Exchequer’s Autumn Statement

Lawrence Wintermeyer, CEO of Innovate Finance, welcomed Chancellor of the Exchequer,  Philip Hammond’s Autumn Statement delivered to Parliament today. Wintermeyer said he was “pleased to see a focus on investment, productivity, and digital innovation”. Innovate Finance had called for the UK government to advance on… Read More

CEO of Assetz Capital Stuart Law: NS&I Savings Bond is Ridiculous

The NS&I Investment bond as described in the Autumn Statement was created to provide savers with a higher rate of return. The indicative rate is 2.2% but the rate may be adjusted according to market conditions when it is launched in the spring of 2017. The… Read More

Chancellor of the Exchequer Philip Hammond’s Autumn Statement: Further Support for Business Including Fintech

Chancellor of the Exchequer Philip Hammond delivered the annual Autumn Statement designed to deal with Brexit repercussions while announcing that in the future only a single major fiscal presentation will be delivered. HM Treasury will move to a single fiscal event will be made after the… Read More

Louise Beaumont of GLI Finance Comments on Autumn Statement

Alongside the Chancellor’s Autumn Statement, there were several associated releases published by the Exchequer’s office.  Louise Beaumont, Head of Public Affairs at GLI Finance and a frequent commenter on policy issues regarding SME’s and the economy, has shared some thoughts regarding specific announcements presented by… Read More

Autumn Statement: “Sound Public Finances & Great Public Services? If You are Bold with Your Reforms You can Have Both”

Chancellor of the Exchequer George Osborne gave a rousing speech highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More

George Osborne Voices Support for P2P Lenders, Small Business, in Autumn Statement

Chancellor of the Exchequer George Osborne delivered his Autumn statement to parliament today and the winding speech had something for everyone. In a largely upbeat report, Osborne highlighted the many positives about the UK economy since the current leaders moved in to Number 10 Downing… Read More

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