View more on these topics

Osborne slashes corporation tax to 17%


Chancellor George Osborne has again taken the axe to corporation tax, with the rate set to fall to 17 per cent in 2020.

The corporation tax rate is currently 20 per cent. Under existing plans was due to fall to 19 per cent in April 2017 and 18 per cent by 2020.

However, giving his Budget speech today, Osborne revealed the rate will now fall to 17 per cent in 2020.

He told the House of Commons Britain is “blazing a trail” in reforming its tax system.

“Let the world catch up,” he added.


Trash Talk: ‘Organic originations’

Mortgage Monkey reveals the gibberish littering the industry’s press communications Trash Talk is Mortgage Strategy’s new column, which takes a light-hearted look at the business speak and jargon sneaking their way into the mortgage industry Business speak of the week: ‘ORGANIC ORIGINATIONS’Culprit: Shawbrook ‘Organic originations’ is slowly making headway in the mortgage world despite widespread […]


Editor’s note: Hopes for a bland Budget

As you read this the Chancellor is likely to be applying the finishing touches to his latest Budget speech. There is one area of the market whose members will be praying that he shows them some mercy: the buy-to-let sector. The combination of increased stamp duty rates, a gradual reduction in tax relief and the […]


Your Views: Small lenders lead the way on equity release

Small lenders lead the way on equity release Your article concerning the FCA investigation into product access for older borrowers contained a number of comments, which I felt required a response. Sue Lewis, chairman of the Financial Services Consumer Panel, made several points. I agree that traditional lenders need to look at maximum age limits […]


Ex-Nemo CEO looking to set up new challenger bank

The former chief executive of Nemo Personal Finance is looking to set up a new challenger bank. Alan Jarman left Nemo last month after news broke that the Cardiff-based firm had closed its doors. Prior to its closure it was one of the largest lenders in the second charge market. Jarman, who was also chief […]

Simon Fletcher

Auto-enrolment: pay attention or pay the price

By Simon Fletcher

As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.


News and expert analysis straight to your inbox

Sign up