The European Central Bank cuts interest rates to record low
The European Central Bank (ECB) has cut its benchmark interest rate to a new record low of 0.5%.
The move comes amid on-going worries about the Eurozone’s economic health.
This move brings the ECB benchmark interest rate to the same …
Scottish independence referendum date announced
The Scottish independence referendum will be held on 18 September 2014.
Scottish ministers previously only said the referendum would take place in autumn 2014.
The announcement was made by First Minister Alex Salmond in the Scottish Parliament in Edinburgh.
Scottish …
Inheritance tax returns to the deep freeze
Inheritance tax thresholds are set to stick at £325,000 for individuals and £650,000 for couples for three years from 2015.
The good news is that with proper planning inheritance tax can potentially be reduced or even avoided altogether.
Farrell Financial …
Budget 2013 sparks ‘second home subsidy’ row
A 2013 budget initiative aimed at helping people get on the housing ladder has caused a row to erupt over whether it could be used to fund the purchase of second homes.
The initiative is designed to assist people with …
How does the 2013 budget affect beer drinkers?
The alcohol duty escalator was scrapped on beer and duty cut by 1p.
The alcohol duty escalator will still remain for wine and spirits.
Farrell Financial Planning are Glasgow based independent financial advisers (IFAs) and encourage only responsible drinking.
Farrell …