You heard it here first, the Lifetime Allowance won’t, it seems be reintroduced when/if Labour win. Their knee-jerk reaction to its abolition last year was that they’d bring it back. Whilst getting (sort-of) rid of it has been a mess, trying to bring it back would be still-messier, with all sorts of what-if legislation needed to cover those who’ve taken action thinking it would stay abolished. And of course, there were all those NHS doctors and other well-pensioned but still-needed professionals who were packing it in as soon as their pensions became big enough to pay the penalty tax.
“Stocks surge and yields stabilise as Trump tariffs paused”
“The reason our stock market is so successful is because of me. I’ve always been great with money, I’ve always been great with jobs, that’s what I do”, said the man himself about (of course) himself. And, yes, one tweet, if we’re still allowed to use that old Woke term, on Truth Social can indeed send markets firmly up as well as down.
