Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter, including a report stating that UK chancellor Rachel Reeves is unlikely to cut pension tax relief for higher earners in her upcoming Budget. Reeves had previously proposed a flat rate of pension tax relief but is now expected to shy away from this move, opting instead for levying a rate of national insurance contributions on employer pension contributions as a less politically painful option. The Labour manifesto commits to not increasing taxes on “working people”, with Reeves facing tough decisions on spending, welfare, and tax in the Budget.
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If I Could Only Buy and Hold a Single Stock, This Would Be It.
Taiwan Semiconductor (NYSE: TSM) is highlighted as a top investment choice due to its status as the world's leading contract chip manufacturer, essential for nearly every industry. The company is positioned to potentially outperform the market over the long term, making it an ideal single-stock holding for investors. Explain It To Me Like I'm 5: Taiwan Semiconductor makes tiny parts called chips that help many different companies create their products, which is why it's a...
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