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18 March 2026 View in Browser
Your Daily Money Briefing
Chancellor Rachel Reeves has given a major update on whether older Britons will be taxed on their state pension alone from next year. Speaking before the Treasury Committee, she pledged that those with no other source of income would remain exempt from tax throughout this Parliament. Will you be impacted?
Fresh analysis from Fidelity International reveals how grandparents can strategically merge inheritance tax (IHT) gifting rules with Junior ISAs to support younger family members whilst simultaneously managing their estate’s potential tax liability. The firm claims grandparents could boost their family’s savings pot by £112,000 thanks to the hack. What does this mean for you?
Best wishes,
Patrick O’Donnell
City & Business Correspondent
Rachel Reeves announces major state pension update as millions face triple lock tax
Greene King at risk of closing 150 pubs amid ‘perfect storm’ of rising inflation and taxes
Inheritance tax hack could boost YOUR family’s savings by £112,000: ‘Substantial pot!’
Premium Bonds alert: Savers ‘will never win or see a return on their money’ from NS&I
Lloyds under fire as MPs demand answers after customer transactions EXPOSED by IT glitch
20 million savers told how to ‘maximise returns’ ASAP as deadline only weeks away
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