Pensions, savings and investments

With no party capable of commanding an overall majority in the House of Commons, here is a brief recapitulation of what each of the main parties has promised on business, tax and the economy.

A combination of low interest rates and rising inflation has made it exceptionally tough for the UK’s savers.

Increasing numbers of parents are giving money in advance to their children rather than leaving them bequests in their wills as a means of saving on inheritance tax.

A leading think-tank has argued that none of the three main political parties has ventured far enough in identifying the sort of spending cuts and tax rises that may be necessary to reduce the UK’s budget deficit.

UK companies brought forward over £840 million in shareholder dividend payments ahead of the end of the tax year.

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