Industry
Davy consolidates N. Ireland presence with acquisition
Davy Private Clients (UK), the wealth management and financial planning division of Dublin-headquartered Davy Group, is to acquire Northern Irish wealth management firm Pension & Financial Consultants (PFC) for an undisclosed sum.
Defensive assets continue to find favour
Defensive assets continued to lead in October, according to the latest data from FundsNetwork
Tax & Regulation | 27 Nov 15
UK tax evaders given one last chance to come clean
The financial secretary to the Treasury, David Gauke, launched a campaign warning offshore tax evaders that HM Revenue & Customs (HMRC) will start to receive details on UK taxpayers from more than 90 countries.
Tax & Regulation | 27 Nov 15
Isle of Man chief calls Osborne’s tax clampdown ‘unrealistic’
Isle of Man chief minister Allan Bell has predicted that George Osborne will struggle to raise the additional £5bn a year from clamping down further on tax avoidance and evasion, identified as a new target in the UK Government’s Autumn Statement.
Tax & Regulation | 27 Nov 15
HMRC U-turns on loans secured on untaxed foreign funds
HM Revenue & Customs quietly backtracked several weeks ago on changes it made to loans secured against untaxed foreign funds.