Remove uk-news autumn-budget-2021
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UK borrowers warned: the days of cheap mortgages are over

TheGuardian

As interest rate changes are coming ‘thick and fast’, owners may face big rises in their repayments Budget 2021: key points at a glance Budget calculator: what does it mean for me? next year and 13.1% the year after, as increases in the Bank of England base rate are passed on to borrowers. Continue reading.

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TSB and Co-op Bank among lenders set to benefit from £4bn City tax cut

TheGuardian

Treasury confirms that 35 bank groups and building societies will avoid sector-specific surcharges entirely TSB, Co-operative Bank and Leeds Building Society are among the lenders expected to escape a levy imposed on the sector, following the chancellor’s announcement of a £4bn City tax cut in his budget speech on Wednesday.

Taxes 79
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Don’t be fooled by Rishi Sunak’s conjuring trick | Letters

TheGuardian

We learn in the budget that he is to increase the national living wage by 59p an hour. For someone working 35 hours, that amounts to an increase of £20.65 a week, which becomes £16.52 after income tax. for a 20-hour week.

Taxes 64