Author: SmartWealthNews.com

In thin summer markets round numbers become magnets, says a popular newsletter author Source link

Santander has changed its loan-to-income rules so those earning less than £45,000 can borrow up to 4.45x their income across all LTV levels This comes after the Treasury loosened its loan-to-income rules last month. Between £45,000 and less than £100,000 borrowers can access 5x their income on all LTV levels up to and including 90%, and 4.45x on 95% LTV Above £100,000 borrowers can access 5.5x their income on all LTV levels to and including 90%, and 4.45x on 95% LTV. David Morris, head of homes at Santander UK, said: “The recent changes to the loan to income rules mark…

6 August 2025 The MTD countdown is well and truly on. In just under a year, the first quarterly submission deadline for Making Tax Digital (MTD) for Income Tax will be here – and April 2026 will mark the start of a fundamental shift in how many sole traders and landlords manage their tax obligations.  At FreeAgent, we’ve spent the past few months deep in conversation with accountants and bookkeepers about what this change means for their practices. From unexpected challenges to emerging opportunities, these consultations have surfaced a rich mix of insights – and we’re sharing them with you…

You can read more about this topic at https://ukcareguide.co.uk/mortgage-basics-and-types-in-the-uk/. The “Mortgage Basics and Types in the UK” video provides an insightful overview of the various mortgage options available to potential homeowners and investors in the UK. Understanding mortgages are crucial as they are a pivotal part of purchasing property, where the home serves as collateral against the loan. The video elucidates on fixed-rate mortgages, a popular choice for those who prefer consistent monthly payments throughout the initial deal period. Conversely, variable-rate mortgages are explained, highlighting how monthly repayments could change with fluctuations in the interest rate, which can be influenced…

Sabrina Ortiz/ZDNETZDNET’s key takeawaysApple reportedly has an AI search in the works. The AI search experience could have a standalone app and power Siri.Timely and strategic release with broader success of AI search engines. With the launch of Apple Intelligence, Apple sought to enter the AI space after a somewhat late entry. However, several delays of its most sought-after feature, including Siri 2.0, have made it difficult to keep up with more established competitors. A new report details an AI product in the works that may help bolster Apple’s position. On Sunday, Bloomberg’s Mark Gurman reported in the Power On newsletter that Apple’s…

A job-training program for low-income older adults has lost funding just as new work requirements to qualify for benefits such as Medicaid and food assistance are set to begin. Source link

BLS Commissioner Erika McEntarfer was in charge of more than just the monthly jobs data. Source link

Tom Bill is head of UK residential research at Knight Frank A House of Lords event last week underlined growing disquiet over the government’s non-dom tax reforms. But any new direction on policy may have to wait until the autumn. A House of Lords reception last Monday provided the government with a perfect opportunity to read the room on its non-dom reforms. But it’s hard to read the room when you’re not in it. Sponsored by Conservative peer Baroness Mobarik on behalf of Foreign Investors for Britain, the evening event drew cross-party MPs and peers, alongside senior business leaders including…

21 July, 2025 11 min read Share Copy Link Copied When your business owns more than one company, it can be hard to keep track of each subsidiary’s contribution to the overall result. You may have multiple income statements, balance sheets and reports floating around. How can you make sense of it all?  You do so by gathering all the information in a consolidated financial statement. This gives a clear overview of how the group as a whole is performing, and the role of each unit.  Consolidated financials are often required by accounting rules, but they’re useful in their own…

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Prophet Security, a startup developing autonomous artificial intelligence systems for cybersecurity defense, announced Tuesday it has raised $30 million in Series A funding to accelerate what its founders describe as a fundamental shift from human-versus-human to “agent-versus-agent” warfare in cybersecurity. The Menlo Park-based company’s funding round, led by venture capital firm Accel with participation from Bain Capital Ventures, comes as organizations struggle with an overwhelming volume of security alerts while sophisticated attackers increasingly leverage…