Lord Saatchi calls to axe small firms’ corporation tax June 17, 2014 Lord Saatchi will today plot out the details of his proposal to axe corporation tax for smaller businesses – a move he claims would foster growth while cutting the deficit faster than expected. The advertising magnate’s report, published by Centre for Policy Studies, points out that 90 per cent of all UK companies have fewer than [...]
Stock market correction: How to protect yourself from losses June 17, 2014 Income can help you weather any volatility, but be wary of bonds AFTER a stellar few years for global stock markets, concerns are growing over a looming correction. The S&P 500, Dow Jones Industrial Average, FTSE 100 and MSCI All-World share index have all been at or near record highs in recent weeks, and valuations [...]
Bitcoin Jesus offers citizenship to libertarian paradise June 16, 2014 Roger Ver, otherwise known as Bitcoin Jesus, has expanded the horizon of what can be bought with the world’s favourite cryptocurrency. The self-described libertarian and founder of Passports for Bitcoin is selling the right to live in the Federation of St. Kitts and Nevis in cryptocurrency. Just a three-hour flight away from Miami, the islands [...]
Bitcoin Jesus offers citizenship to libertarian paradise June 16, 2014 Roger Ver, otherwise known as Bitcoin Jesus, has expanded the horizon of what can be bought with the world's favourite cryptocurrency. The self-described libertarian and founder of Passports for Bitcoin is selling the right to live in the Federation of St. Kitts and Nevis in cryptocurrency. Just a three-hour flight away from Miami, the islands [...]
It’s easier than ever to start out as an angel investor – and there’s more to it than money June 16, 2014 IN THE bad old days – when Britain was clearly divided between haves and have-nots – it was easy for the average Marxist to distinguish between the capitalists and the rest of us. However, with shareholdings, private pensions and crowdfunding, things have got a little complicated for those who want to bring down the “owners”. [...]
Asian markets make gains after Chinese inflation data June 10, 2014 Asian markets have made moderate gains after data showed China's annual consumer inflation climbed 2.5 per cent in May, faster than the median estimate of 2.4 per cent. "Today's inflation data confirm our view that broader price pressures are stable and that concerns about deflation, sparked by a short-lived fall in headline inflation in April, were overplayed", [...]
The labour squeeze: How slow reform threatens Abenomics June 9, 2014 More QE cannot be a substitute for labour market reform JAPANESE shares hit a three-month high yesterday, boosted by an upward revision to first quarter GDP and Friday’s strong US jobs report. The Japanese government announced that the economy grew at an annualised 6.7 per cent in the first quarter, up sharply on the initial [...]
Upbeat reserve report boosts shale gas stock June 2, 2014 SHALE gas explorers made gains on the London Stock Exchange yesterday, on the back of an encouraging reserve assessment and hopes that the next licensing round may be imminent after the government entered into talks with interested companies. Aim-listed Union Jack Oil’s shares soared over 30 per cent in early trading and closed 19 per [...]
The fallout from the Scottish referendum will affect all of us June 2, 2014 REGARDLESS of how Scotland votes on 18 September, change is in the air. Even if the Scots vote no to independence, the status quo is no longer sustainable. All the political parties are promising significantly greater devolution for Scotland within the UK – and in particular, the Scottish parliament would gain greater tax raising powers. [...]
Asian markets mixed ahead of Chinese data release May 30, 2014 Asian markets swung between gains and losses as investors await the release of Chinese manufacturing data. China's official manufacturing purchasing manager's index (PMI) for May will be published on Sunday. Analysts are forecasting a slight rise from April's 50.4 to 50.6. The Nikkei is down 0.3 per cent after data showed a slowdown in industrial [...]