United Kingdom
Macro Views | 27 Apr 16
Lacklustre UK GDP growth at 0.4% in Q1
The latest official UK GDP figures showed 0.4% growth in the first quarter of 2016 in line with forecasts, and down from 0.6% the previous quarter.
Tax & Regulation | 27 Apr 16
FCA probes a further 44 firms over Panama Papers
The UK’s Financial Conduct Authority (FCA) has asked a further 44 financial services firms to disclose their involvement in the tax-evasive practices uncovered by the Panama Papers leak.
Tax & Regulation | 27 Apr 16
UK MPs query regulator over £74m financial adviser levy
The chairman of the UK’s Treasury select committee, Andrew Tyrie, has asked the Financial Conduct Authority (FCA) to explain how it will ensure levy payers are getting value for money.
Tax & Regulation | 26 Apr 16
Tax havens urged to ‘protect privacy’ by Isle of Man IFA
International jurisdictions need to be “cautious” how they respond to the increased transparency measures put in place following the Panama Papers leak earlier this month, Isle of Man-based IFA group Abacus has warned.
Tax & Regulation | 26 Apr 16
Life offices say offshore bonds to benefit from HMRC reforms
Plans to overhaul the current 5% tax free allowance on life insurance policies are “very good news” for offshore bonds, said Neil Jones, technical manager at Canada Life.