In the Unlock the Editor’s Digest for free, Sir Keir Starmer’s government has proposed reforms to disability benefits to save over £5bn annually by 2030, causing backlash within Labour due to concerns of targeting the poorest. The changes include tightening eligibility for personal independence payments and introducing a new insurance system for job loss. These measures are part of Labour’s efforts to find savings before the Spring Statement, with projections indicating a reduced fiscal room for manoeuvre and expected gross savings of around £6bn from the benefit changes.
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Investment trusts for your ISA
Investors looking to top up their stocks and shares ISA before the tax year deadline should consider investment trusts amidst market volatility caused by trade wars. With long-term investing in mind, experts recommend trusts like City of London and Fidelity Special Values for UK exposure, Schroder AsiaPacific for Asian diversification, and defensive options such as Personal Assets. For a global perspective, JPMorgan Global Growth & Income is highlighted for its consistent outperformance and low costs....
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