Central bank moves leave bond markets swinging

More than 5,000 estates paid over £1 billion in inheritance tax on lifetime gifts between 2020/21 and 2023/24, according to new Freedom of Information (FOI) figures. In 2023/24 alone, 1,390 estates paid £315 million in inheritance tax on lifetime gifts, an average of £226,000 per estate, the figures obtained from HMRC by financial advice firm…

LinkedIn knows it has a slop problem. It has a button for that.  The button, which debuted the week of July 27, allows users to flag content on LinkedIn that they believe may be “AI slop.” The option appears in a three-dot menu in the top right of any post, and shows a diamond with…

New York and Wyoming regulators have agreed to coordinate supervision of virtual currency and digital asset businesses, including a pathway that aims to produce licensing decisions within six months for certain established firms. On October 1, 2026, the New York State Department of Financial Services (NYDFS) and the Wyoming Division of Banking announced a memorandum…

Tax-free allowances let you shield some of your savings and investments from the taxman. For instance, you can put £20,000 into tax-sheltered ISAs each tax year, and you won’t have to pay tax on any interest or investment returns earned on it. Each allowance has its own rules, and they can be difficult to keep…

Cairo accelerates state asset sales under an IMF plan, targeting up to four major listings by summer 2027. This article appears in the July/August issue of Global Finance Magazine. Egypt, Africa’s second-largest economy after South Africa, plans to list up to four state-owned companies on the Egyptian Exchange (EGX), the continent’s largest stock exchange by…