The State of Cycling report has been published and it holds some interesting, revealing insights. Undertaken by British Cycling, the main national governing body for cycling in Britain, the report comprises data from 15,000 cyclists. It highlights the thoughts and experiences of these British Cycling members, and uses the results to look at how cycling…Continue reading
Tag: Government
Inheritance Tax Loopholes Exploited by Super Rich
Analysis of HMRC data reveals that the UK’s super-rich don’t pay anywhere near as much inheritance tax (IHT) as the less-rich. It reveals that estates worth over £10m paid an average of 10% tax to the exchequer in 2015-16 tax year. Whereas estates worth £2-3m paid about 20% tax. Neil Jones, Market Development Manager at…Continue reading
Mortgage Prisoners May Be Freed By New Rules
The Financial Conduct Authority (FCA) has proposed new rules to help homeowners stuck in high-interest loan deals; AKA ‘mortgage prisoners’. What are mortgage prisoners? Well, prior to the 2008 financial crisis, the affordability tests that lenders were running weren’t as strict. However, regulations are tighter now and therefore lenders are stricter. As a result, around…Continue reading
Shocked Freeholders Facing Extra Charges
Yes, the idea of going from renting to owning is great. What’s even more exciting to people is the idea of buying a shiny, new build home and becoming freeholders. However, this is somewhat over-ambitious in many ways. So, unfortunately for leaseholders, the dream of freeholding may be crushed. They own the leasehold property for…Continue reading
Sick Pay Rules Changing in April
As of April 2019, the rules regarding sick pay will change and it’s important that you know what these changes are. A problem with falling ill is that sometimes it means you can’t work. Therefore, this makes people worry about earning money. Fortunately, you are entitled to be paid by your employer even when you’re…Continue reading
The Ins and Outs of Car Accidents in the UK
Analysis of government data regarding car accidents reveals interesting statistics about which cars are most accident-prone. Plus, it also illustrates other insights such as the locations in which most car accidents happen. The analysis compared the number of recorded crashes in 2016 with the number of each car registered. Which makes and models are prone…Continue reading
‘Tis The Season for Divorce…
The festive period provides a great break from reality, with time off work and plenty of celebrations distracting us from everyday life. However there are still people out there that haven’t let this time distract them from making the huge decision of leaving behind married life and filing for divorce… with 13 people filing on…Continue reading
Good News for First-Time Buyers Following 2018 Autumn Budget
Monday marked the day of the 2018 Autumn Budget, in which chancellor Philip Hammond delivered a 72-minute speech covering stamp duty, welfare & pensions, Brexit and many other areas concerning the nation. In terms of stamp duty, this Budget brings rather good news for first-time buyers! Mr Hammond announced that the 0% stamp duty relief…
The First Ever Tram-Train in the UK has Started Operating in Yorkshire
This modern service is designed to run on both the tram tracks and rail network. It shall provide three tram-train journeys between Sheffield and Rotherham each hour. Initially a pilot-project, the tram-train will run for a two-year trial period and, depending on its success, may continue further. The trial period will test the costs and…Continue reading
Sheffield’s Transport System Could Be Getting Major Makeover
Sheffield is in the running for financial backing by the Government, which would renovate the transport system of Sheffield and South Yorkshire. Sheffield City Region is amongst 10 shortlisted areas in contention for the £1.7billion Transforming Cities Fund. This funding programme is part of the Government’s modern Industrial Strategy, and the goal is to help…Continue reading