“The Guardian view on the Brexit talks: no veto for the DUP”

Dec 5, 2017 | Brexit

An independent (financial adviser’s) view

The Irish Question has plagued governments from Elizabeth I to Oliver Cromwell to Lloyd George and Margaret Thatcher. It was all going so well but now it’s Theresa May’s turn to be stuck between a rock (the DUP) and a hard place (the Republic) and learn the Answer to the Question: try to please them all and you’ll end up just where you started, pleasing no one. The R of I is our 4th largest trading partner and right now and for a change, we need them more than they need us.

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“Reeves backs down on plans to cut ISA limit”

“Reeves backs down on plans to cut ISA limit”

So it looks as though Cash ISAs are safe for the moment (FTM – is that a thing?) Rachel has apparently ‘bowed to pressure’ from the banks and building societies and decided not to reduce the allowance to £4,000 for cash and to keep the £20,000 parity with Stocks and Shares ISAs. Bowed also to common sense, I’d say.

“Two thirds of adults are worried about care costs in later life”

“Two thirds of adults are worried about care costs in later life”

A dichotomy/dilemma here. Two thirds of adults are probably right to be worried about the cost of care, which is huge and getting more so. Many of those currently worrying will have had first-hand experience with their own parents, which will have focused their minds on their own possible future.

“Why most won’t need to worry about IHT on pensions”

“Why most won’t need to worry about IHT on pensions”

Many a government has made the point that only a minority will be affected by this or that tax change or tinker. It is, however, both perception and aspiration which are important, and they are what makes IHT the ‘most hated’ of all taxes – along with all the others, of course.