Company News for Jul 3, 2024

The Telegraph
Forget the manifesto – here’s what Labour really wants to do with your money
The rush to effect “change” in the next 100 days will become irresistible and the need to tear up the Labour manifesto to justify painful taxes on pensions, savings and “wealth” held in assets will play out.
The Telegraph
How to shield your savings from a Labour tax raid
With Keir Starmer in power, savers must act now to protect their wealth from the new Labour government.
Yahoo Finance UK
Markets react to Labour election win as focus turns to interest rates
Following Labour's landslide victory, new prime minister Keir Starmer will set out his stall in the King's speech on 17 July.
The Telegraph
Labour is coming for your wealth – here’s where to escape their taxes
Following Labour’s historic election win, many middle-class Britons have been left worried about what the new government will mean for their money – and are already rearranging their financial affairs accordingly.
Manchester Evening News
DWP pays State Pensioners top up worth £5,200 a year after certain age
The latest statistics from the DWP show that the State Pension currently provides a regular financial income for nearly 12.7 million older people across the country
Fool.co.uk
1 UK artificial intelligence (AI) stock to consider buying while it’s down 61%
Our writer shines a light on one fascinating UK stock operating in the semiconductor space that's tipped for explosive growth. The post 1 UK artificial intelligence (AI) stock to consider buying while it’s down 61% appeared first on The Motley Fool UK.
The Telegraph
‘I’ve lost my job and my house, but my wife and I are worth £650m – how can we pay less tax?’
Rishi Sunak, 44, finds himself in a bind. After a highly successful career in the City of London, followed by a brief but eventful spell in politics, he has suffered a serious demotion and been evicted from his home.
The Telegraph
Labour’s secret tax plans – explained
With Labour now in power, the threat of higher taxes is looming large. I am going to make a few suggestions about how we might prepare.
Manchester Evening News
Major bank to slash savings rates from next week in body blow to savers
The savings account is no longer available to new customers
The Telegraph
Britain’s biggest banks slash mortgage rates again
Britain’s biggest lenders have entered a mortgage rates price war as they vie to attract pent-up demand after the election.
Fool.co.uk
Here’s how to target £350 a month in passive income from FTSE 100 dividends
A selection of dividend shares can be a reliable way to earn passive income. Our writer outlines his criteria and explores some top picks. The post Here’s how to target £350 a month in passive income from FTSE 100 dividends appeared first on The Motley Fool UK.
The Telegraph
Will Labour raise taxes – and how to protect yourself
As Britain’s new prime minister, Sir Keir Starmer is readying himself to pick up the keys to Number 10.
Fool.co.uk
2 FTSE 100 stocks I’m watching after the election
Ken Hall is keeping a close eye on a couple of big name FTSE 100 shares after the Labour Party's election victory on Thursday. The post 2 FTSE 100 stocks I’m watching after the election appeared first on The Motley Fool UK.
CityAM
Election 2024: What will a Labour government mean for inflation, interest rates and mortgages
Inflation has fallen fairly rapidly over the last few months, hitting two per cent in June. As a result markets expect the Bank of England to start cutting interest rates in the next couple of months, either in August or September.
Fool.co.uk
Could the general election result spark a stock market crash?
Jon Smith explains the implications of the general election result, but explains why he doesn't feel an imminent stock market crash is coming. The post Could the general election result spark a stock market crash? appeared first on The Motley Fool UK.
Fool.co.uk
2 dirt cheap growth shares I’d buy to hold for AT LEAST 5 years!
These great growth shares are on sale today. Our writer Royston Wild explains why the could deliver big earnings increases in the coming years. The post 2 dirt cheap growth shares I’d buy to hold for AT LEAST 5 years! appeared first on The Motley Fool UK.
Fool.co.uk
2 exciting growth stocks I’m looking to buy and hold for a decade!
Sumayya Mansoor breaks down why these two growth stocks look like no-brainer buys for her holdings to offer excellent growth and returns. The post 2 exciting growth stocks I’m looking to buy and hold for a decade! appeared first on The Motley Fool UK.
The Telegraph
How Britain’s wealthiest savers are preparing for a Labour government
As the prospect of a Labour “forever government” looms large following today’s election results, Britain’s most affluent savers and investors are busy making the most of tax reliefs while they still can.
Fool.co.uk
It’s in the doghouse now, but this FTSE 250 company could be due a recovery
Plenty of FTSE 250 companies were hit hard by uncertainty over the last few years. But I think I've found one that might have potential for a recovery. The post It’s in the doghouse now, but this FTSE 250 company could be due a recovery appeared first on The Motley Fool UK.
Associated Press Finance
Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake. The new entity will be called Saks Global, creating a luxury powerhouse at a time when the arena has become increasingly fragmented with different players, from online marketplaces that sell luxury goods to upscale fashion and accessories brands opening up their own stores.

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What the new Labour government means for your money

Company News for Jul 3, 2024

Latest stories

Forget the manifesto – here’s what Labour really wants to do with your money

How to shield your savings from a Labour tax raid

Markets react to Labour election win as focus turns to interest rates

Labour is coming for your wealth – here’s where to escape their taxes

DWP pays State Pensioners top up worth £5,200 a year after certain age

1 UK artificial intelligence (AI) stock to consider buying while it’s down 61%

‘I’ve lost my job and my house, but my wife and I are worth £650m – how can we pay less tax?’

Labour’s secret tax plans – explained

Major bank to slash savings rates from next week in body blow to savers

Britain’s biggest banks slash mortgage rates again

Here’s how to target £350 a month in passive income from FTSE 100 dividends

Will Labour raise taxes – and how to protect yourself

2 FTSE 100 stocks I’m watching after the election

Election 2024: What will a Labour government mean for inflation, interest rates and mortgages

Could the general election result spark a stock market crash?

2 dirt cheap growth shares I’d buy to hold for AT LEAST 5 years!

2 exciting growth stocks I’m looking to buy and hold for a decade!

How Britain’s wealthiest savers are preparing for a Labour government

It’s in the doghouse now, but this FTSE 250 company could be due a recovery

Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion