Buy-To-Let Landlords handed Tax Hike on Mortgaged Properties by George Osborne.
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Investors with high mortgates on properties could pay more than 100 per cent of their profits in tax.
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News & Opinion pages from Hatton & Berkeley
Words by Christian Muller
"Turnaround Tuesday" hailed after European Market Recovery
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It was a tale of two halves... bisected again and again until you couldn't really tell what was up and what was down in the markets today. The benchmark Shanghai Composite Index plunged another 7.6 per cent, totalling 15 per cent since yesterday morning; that leaves China down 42.6 per cent from the heady heights of June.
Read MoreChinese Stock Market - Black Monday
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The Chinese stock market plummeted by its largest margin since 2007 this morning. The Shanghai Composite Index, suffering fell over 8.5% this morning, kickstarting a string of losses and sell offs across global markets. Local media outlets in China are calling it “Black Monday”.
Read MoreUK Pension Auto Enrolment Extended to SME’s and Small Business Employers
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Auto enrolment is being extended to firms with fewer than 30 employees. The new pension rules encourage employees to start saving for retirement with employers and the government contributing the pot automatically. For many employers, particularly small and micro businesses, the introduction of automatic enrolment is a new and unfamiliar process.
Read MoreBank of England shocks City with interest rate hold.
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The Bank of England surprised the markets today by deciding 8-1 not to raise interest rates. Analysts had expected a rate hike following pay rises and increased growth.
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