Global investment set to climb to post-crisis high March 10, 2014 THE OUTLOOK for investment and employment globally is now at its strongest level since the financial crisis, with the UK’s rapid return to growth standing out particularly among advanced economies. Around the world, business optimism in general is at a two-year high, and stronger confidence is manifesting itself as firms intend to invest and hire [...]
Bad news mounts for Bitcoin as Japan plans tax March 7, 2014 The bad new keeps on mounting for the world's most popular cryptocurrency Bitcoin. The Japanese government has said that Bitcoin is not a currency and some transactions using it could be taxed. Chief cabinet secretary Yoshihide Suga, told reporters on Friday: If there are transactions and subsequent gains, it is natural…for the finance ministry to [...]
How Isa millionaires make it in five steps March 5, 2014 By starting early with regular contributions and not shying away from risks, many more could reach a million No one knows exactly how many Isa millionaires there are – Brewin Dolphin says it has just 15 such clients, investors with at least £1m shielded from the taxman in the Isa wrapper. But the stockbroker’s research [...]
How Isa millionaires make it in five steps March 4, 2014 By starting early with regular contributions and not shying away from risks, many more could reach a million No one knows exactly how many Isa millionaires there are – Brewin Dolphin says it has just 15 such clients, investors with at least £1m shielded from the taxman in the Isa wrapper. But the stockbroker’s research [...]
How to take Aim with growth market stocks March 4, 2014 SHARES listed on the Alternative Investment Market (Aim) have surged in popularity since August last year, when they became eligible for inclusion in Isas. And from the date the new rules were introduced until mid-February, the FTSE Aim market has outperformed the FTSE All Share, returning 18.9 per cent compared to just 2.1 per cent. [...]
UK set to abolish tax on Bitcoin March 3, 2014 The UK is planning to scrap VAT on the trading of digital currency Bitcoin, reports the Financial Times. A briefing by Her Majesty's Revenue and Customs (HMRC) said it would end the 20 per cent VAT on Bitcoin transactions, adding that it would not tax margins as well. A formal announcement is expected later in [...]
The Rainmaker March 2, 2014 Annabel Palmer talks to serial entrepreneur and renowned investor Robin Klein about his career’s many successes – and one missed opportunity ENTREPRENEURS often complain that access to capital is an insurmountable barrier to getting their business off the ground. But Robin Klein – the entrepreneur and venture capitalist – thinks they’re lucky. “There has never [...]
Asian shares jump after bullish day on Wall Street February 25, 2014 Asian shares a regaining some momentum after a bullish day on Wall Street helped ease fears over Chinese credit contraction. An unexpected rise in German business sentiment provided further reason for optimism over the Eurozone recovery. The Nikkei has jumped 1.4 per cent while the Hong Kong Hang Seng Index is up a more modest [...]
What you need to know before the open February 24, 2014 European markets are expected marginally lower this morning, following Asian counterparts, which were left unsatisfied by the G20’s commitment of an extra $2 trillion in output over the next five years. The UK market posted its third successive gain last week, but things in the rest of Europe and the US weren’t as positive, following [...]
The West has killed its entrepreneurs and replaced them with bureaucrats February 23, 2014 IF WESTERN economies have lost considerable ground to emerging powers over the last two decades, it is not simply because we lack the cheap labour of China and India or the natural resources of Russia and Brazil. It is because we have killed our own entrepreneurs at a time when our competitors made business creators [...]