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City firms urge Rachel Reeves to curb cash Isas

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Big City firms are urging Rachel Reeves to scale back tax breaks for cash Isas, a form of saving beloved by millions of Britons, in an effort to boost UK financial services and the economy … Read more

Will you spend your pension before Rachel Reeves does?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For years, “spend your pension last” was the financial planning mantra recited by wealth managers. Following the Budget in October, this has changed to “spend your pension before Rachel Reeves does.” Inheritance tax will be … Read more

Reeves seeks to unlock billions from UK pension schemes for investment

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves is looking to free up billions of pounds from the UK’s £1.2tn defined benefit pension system in her latest attempt to kick-start growth. The government is preparing to allow companies to access … Read more

Rachel Reeves to tell Labour MPs to back growth strategy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will on Monday call on sceptical Labour MPs to back her plans to boost the UK economy, including a highly contentious proposal to expand Heathrow airport. The chancellor is facing criticism from some … Read more

UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says

Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.K. will soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed. Britain’s 200-year-old non-dom regime permits people … Read more

Reeves intervenes in UK car finance mis-selling case to protect lenders

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves on Monday launched a bid to shield car loan providers from multibillion-pound payouts in a landmark mis-selling case, after the Treasury warned it could damage Britain’s reputation as a place to do … Read more

Reeves insists she will act to meet ‘non-negotiable’ fiscal rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has vowed to act if her fiscal plans are blown off course by turmoil in the gilt market, as she announced a deal with China intended to boost Britain’s stagnating economy. The UK … Read more

Rachel Reeves seeks to revive City of London links with China

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves wants to breathe fresh life into a scheme linking the London and Shanghai stock exchanges, as she touts financial services as the “highlight” of Britain’s economic relations with China during a visit starting … Read more

Keanu Reeves’ $9,000 Rolex, More Stolen Watches Found in Chile: Report

Keanu Reeves Vivien Killilea/Getty Images Keanu Reeves’ stolen watches have been found in Chile after allegedly being taken from his Los Angeles home in late 2023. According to a CNN report, police in Chile located three watches belonging to Reeves, 60 — including a $9,000 Rolex Submariner. The recovery took place on Saturday, December 28, … Read more

Keanu Reeves’ stolen luxury watches found during raid: report

Authorities in Chile reportedly have found three watches belonging to Keanu Reeves, which were believed to have been stolen from the “John Wick” star’s Los Angeles home in 2023. During raids on four houses Saturday in eastern Santiago, police told CNN they found jewelry and “valuable” watches, with one of the pieces “belonging to a … Read more

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