Letters to the Editor – 26/11 – Lobbying airports, State banking, Best of Twitter November 25, 2013 Lobbying airports [Re: Why low cost carriers and hub buster planes make Gatwick the UK’s future, yesterday] The main problem with Stewart Wingate’s argument is his approach to state planning: “Out to the 2040s, there is only enough demand for one new runway.” But in the case of London’s airports, there is no good reason why Gatwick [...]
There is nothing worse than self-righteousness in business November 21, 2013 REMEMBER the righteous folk telling us that the problem with banking was all those nasty, profit making global corporations, with their horrid shareholders and especially those awful hedge funds? And that the answer was to encourage small, regional co-operatives, with their senior management drawn from a broader cross-section of the community to boost corporate governance? [...]
UK recovery is built on a debt bubble that cannot last – it’s time for change November 19, 2013 RELIEF over recent economic data is over-done. Even if we are seeing pockets of growth in specific regions and sectors of the UK, it is far from clear that the structural imbalances in Britain’s economy have been addressed. In the last few years, the West has seen a number of financial crises of escalating seriousness, [...]
There is nothing worse than self-righteousness in business November 18, 2013 REMEMBER the righteous folk telling us that the problem with banking was all those nasty, profit making global corporations, with their horrid shareholders and especially those awful hedge funds? And that the answer was to encourage small, regional co-operatives, with their senior management drawn from a broader cross-section of the community to boost corporate governance? [...]
Clegg mulls tax for property owners living outside the UK November 18, 2013 PEOPLE living outside the UK and investing in British property do not pay enough tax, deputy prime minister Nick Clegg said yesterday, hinting at a crack down on overseas cash in next month’s Autumn Statement. House prices in London are rising at around 10 per cent a year. While most buyers across the market are UK-based, [...]
Letters to the Editor – 19/11 – UK entrepreneurs, Best of Twitter November 18, 2013 UK entrepreneurs [Re: Entrepreneurs now have their own pressure group – at last, yesterday] Our recent G20 Entrepreneurship Barometer found that, while the UK is one of the top five countries to be an entrepreneur (with a competitive tax system and business-friendly regulation), we still have close to the lowest score for “co-ordinated support”. The 130 finalists of [...]
Tech powerhouse who wants to save our ailing high street November 10, 2013 Annabel Palmer meets Dan Wagner, back in the limelight with latest venture Powa Technologies HE may be one of Britain’s most prominent tech entrepreneurs, but Dan Wagner has had more than his share of career ups and downs and scathing headlines. In the 1980s, he was subject to criticism from the financial community for his [...]
Flash estimate sees US GDP stronger than expected November 7, 2013 US GDP increased by 2.8 per cent annually in the third quarter, according to a flash estimate, after expectations of a 2.0 per cent rise and following second quarter growth of 2.5 per cent. The increase, says the Bureau of Economic Analysis, primarily reflects positive contributions from personal consumption expenditures, private inventory investment, exports, residential fixed investment, [...]
Turbo-charge your portfolio by investing in rising dividends November 5, 2013 But investors should also keep a close eye on valuations ONE OF the simplest ways of accelerating long-term capital growth is the old trick of reinvesting dividends. According to BlackRock, £100 invested in a FTSE All-Share index fund in 1987 would have been worth almost £900 at the end of 2012 with dividends reinvested, compared [...]
Treasury to tax overseas buyers of UK property October 31, 2013 GEORGE Osborne is considering a tax raid on overseas investors who own British property, it was reported yesterday, in an attempt to raise millions of pounds. The plan would require non-UK-based real estate owners to pay capital gains tax (CGT) on British property, according to Sky News. At the moment only UK residents pay the tax to HMRC. Many [...]