Elections 2024

Former President Donald Trump has retaken the White House on a policy of widespread tax cuts, reduced immigration and lessened regulation. Bond investors aren’t happy, but shareholders are.

Olly Cheng, financial planning director at Rathbones Financial Planning and Rob Pullen, tax partner at RSM discuss how the changes to reliefs, allowances and tax rates might be mitigated considering different client scenarios.

The new Labour government will be setting out its agenda in more detail soon with its first Budget. There may be big changes coming that affect your finances, or it may be an opportunity for a much-needed reset to encourage investment and boost economic productivity.

Elections challenge investors’ ability to maintain a calm, dispassionate view like nothing else, and no election exemplifies this better than America’s choice for its next President. When you cut through the fog of the emotive and partisan headlines, the broad features of the investing landscape look like they are here to stay as former President Donald Trump takes on Vice President Kamala Harris – both have embraced protectionism and an active government role in directing investment, and are tolerant of taking on more debt. Yet their two parties agree on little beyond these general principals.

With Labour having pledged not to increase the taxes which raise the most revenue, capital gains tax (CGT), pensions and inheritance tax (IHT) are in the spotlight. Here we explore what changes they could make, and what that might mean for your finances.

Sometimes polls are right and sometimes polls are wrong. Last week, we saw classic examples of both.

For the first time in 14 years a Labour Prime Minister sits in Number 10, in what is also a historic year for elections in general, with a combined population of more than four billion going to the polls.

A new Labour government brings 14 years of Conservative rule to an end, promising that it will prioritise public services and bring ‘no return to austerity’, while sticking to tight fiscal rules and freezing many taxes. But how will this circle be squared?

Labour has taken power in the UK. What changes are coming to make the sums add up, how could they affect you and what can you do about it?

Labour looks to be on the cusp of taking power in the UK. What changes could they make to raise money, how might that affect you and what can you do about it?

Get in touch with us today to see if we can help, either through your usual Rathbones contact or your financial planner.

For the latest on Labour's plans, please see our pre-Budget update at this link.

The government has called a snap election with just six weeks’ notice and has raced into campaign mode, yet all signs point to a Labour victory. We offer four reasons why investors need not fear the result.

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