Investing in an ISA or SIPP can shield investment income and capital gains from taxes, especially with a potential tax increase looming. Bestinvest’s best funds list can help narrow down choices for different investment accounts, with top picks across various sectors like UK equity, bonds, and global equity. As the Budget approaches, potential tax changes may impact capital gains tax and pension relief, prompting investors to consider maximizing tax-free allowances before making rushed decisions. Thorough research is essential before investing, focusing on objectives, risk tolerance, and asset allocation, with robo-advisors being a cost-effective option for beginners.
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Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
The United States plans to impose tariffs on steel and aluminum imports from Canada, sparking support from American steel and aluminum companies who believe foreign rivals benefit from unfair trade practices. While some fear increased costs and retaliation, others believe the tariffs will spur investment in domestic production. The tariffs aim to level the playing field for American manufacturers, with differing opinions within the steel and aluminum industries on the potential impact of the tariffs...
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