July 18, 2026

Blog

Tax

How 3.3m more workers have been pulled into paying higher rate of tax in past five years

Millions more workers have been dragged into higher-rate tax bands because of the freeze on income tax thresholds since 2021. The number of higher-rate taxpayers has increased from 4.43million in the 2021/22 tax year, to a projected 7.7million in 2026/27, according to government figures published today. For tax allowances and thresholds to maintain their real

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Wealth Management

Morgan Stanley Reaps $148B in Wealth Assets From IPO Boom

(Bloomberg) — It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks. The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking

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Fund

Abacus Global Management Launches ABX Longevity Growth and Income Fund (ABXGX)

~ A differentiated interval fund opens longevity assets to individual investors and their advisors ~ ~ The newest addition to Abacus’s growing platform of longevity funds ~ ORLANDO, Fla., July 15, 2026 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (NYSE: ABX) (“Abacus” or the “Company”), a leading alternative asset manager specializing in longevity-based assets, today

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Technology

The technology breakthroughs behind Huawei’s next-generation Smart String Grid-Forming ESS Platform

Huawei FusionSolar’s new Smart String Grid-Forming ESS Platform, LUTERRA, is born from technology breakthroughs designed to drive customer success. MUNICH, July 15, 2026 /PRNewswire/ — Huawei launched LUTERRA at Intersolar Europe in Germany last month. In this article, Steve Zheng, President of Smart ESS Business, Huawei Digital Power explains how Huawei has achieved industry-leading efficiency

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Tax

HMRC reveals how many employees have a company car

The number of employees paying company car tax has increased for the third year running, while the total taxable value has again fallen, newly released HMRC data suggests. The latest HMRC benefit in kind (BIK) statistics show there were 920,000 employees paying company car tax in 2024/25 – a 9.5% increase on the 840,000 reported the

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Wealth Management

Parents worried about babies’ gut health with eight in ten resorting to ‘Dr Google’

Research by SMA Nutrition shows mums and dads believe there isn’t enough conversation about their babies health when it comes to issues like toileting – now a guide has been published Parents feel there are areas of babies’ health that need more discussion (stock image)(Image: nd3000 via Getty Images) Eight out of 10 parents of

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Energy

Over 1,600 energy department webpages on utility bill savings removed as US temperatures soar

As millions of Americans prepare for another brutal heatwave, it’s now harder to find information about ways to stay cool while saving energy and keeping utility costs down. At least 1,662 department of energy webpages offering guidance on protecting the electrical grid during heatwaves have gone dark as of 3 July, according to a Guardian

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Tax

Andy Burnham admits he is considering raising taxes

Andy Burnham has admitted he is considering putting up taxes when he enters Downing Street. The prime minister-in-waiting said he would make “difficult” decisions to balance the nation’s finances, which may include “having to ask for a little more” from taxpayers. Mr Burnham refused to rule out wealth taxes. The admission came as the Organisation

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Energy

Over 1,600 energy department webpages on utility bill savings removed as US temperatures soar | US economy

As millions of Americans prepare for another brutal heatwave, it’s now harder to find information about ways to stay cool while saving energy and keeping utility costs down. At least 1,662 department of energy webpages offering guidance on protecting the electrical grid during heatwaves have gone dark as of 3 July, according to a Guardian

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Energy

Habit of drinking energy drinks? Cardiologist Dr Ashutosh Kumar warns how your heart may react

To push through a long, monotonous and demanding day, energy drinks may seem like a convenient solution for many people, including college students and working professionals. ALSO READ: Can obesity make your heart age faster? Cardiologist reveals why heart failure and strokes may occur at a younger age Many students rely on energy drinks to

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