incomes

Is Rishi Sunak planning a stealth raid on incomes?

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Is Rishi Sunak planning a stealth raid on incomes? Chancellor looks at freezing allowances and scrapping increases to pay thresholds in next month’s Budget Chancellor believed to be considering freezing personal income tax allowances  Looking at axing planned increases to the £12,500 and £50,000 thresholds  Move would mean tens of millions paying more and bring … Read more

Coronavirus crisis triggers 4.5% fall in working-age household incomes

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Coronavirus crisis triggers 4.5% fall in working-age household incomes – their worst drop since the 70s By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 21:54 BST, 20 July 2020 The coronavirus crisis has triggered a 4.5% fall in working-age household incomes Working-age households have suffered the worst income … Read more

Private sector pay slump while public sector employees see incomes surge  

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The stark divide between the fortunes of the public and private sectors during coronavirus was underlined by new figures today. Public sector pay is surging during the crisis while private workers see their incomes plunge – and the gap is getting wider. The gulf reflects the fact that state employees have escaped the wave of … Read more

Trojan Global Income’s boss sensed turmoil ahead

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Trojan Global Income’s boss sensed turmoil ahead before coronavirus pandemic hit By Jeff Prestridge, Financial Mail on Sunday Published: 21:58 BST, 16 May 2020 | Updated: 21:58 BST, 16 May 2020 Investment house Troy Asset Management, established 20 years ago by Lord Weinstock, is a ‘conservative’ investor in financial assets.  It is as much concerned … Read more

Baby boomers tap housing wealth to boost retirement incomes

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Baby boomers are increasingly raiding the wealth tied up in their homes to supplement retirement incomes, research has revealed. Since 2015, homeowners have used property wealth to deliver £13billion in extra income via equity release, according to analysts at investment platform AJ Bell. Over the same period, since the start of pension freedoms, some £30billion … Read more

State pension at 75 and falling disposable incomes? This is Money podcast

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Those born in the 1980s are financially worse off than the generation before: are they really facing a state pension age of 75? The This is Money podcast By This Is Money Published: 14:38 GMT, 30 August 2019 | Updated: 14:38 GMT, 30 August 2019 This week, This is Money takes a look at a … Read more