Merryn’s blog

The EU referendum will not drag on, whatever the result


Unlike after the Scottish independence vote, most people will accept the result of the EU referendum, says Merryn Somerset Webb. It’s not in the interest of anyone to keep the anger bubbling under.

Who’s really to blame for the BHS pension black hole

Mark Carney © Getty Images

It might not look good for Philip Green to take £400m in dividends while BHS and its pension scheme goes under. But he couldn’t have foreseen the deficit, and isn’t to blame, says Merryn Somerset Webb.

Why companies with big pension deficits should still be allowed to pay dividends

Philip Green of BHS © Getty Images

Companies have to balance their obligations to both shareholders and employees, says Merryn Somerset Webb. So even if the pension fund is in deficit, they’re still entitled to pay dividends.

How we can stop more companies like BHS from collapsing

Employees leaving BHS HQ © Getty Images

Our tax system encourages firms to take on debt. But huge debts leave companies very vulnerable when trouble comes, says Merryn Somerset Webb

Employers and workers are both gaming the welfare system


The way our welfare system works encourages employers to pay low wages and employees to work part time, says Merryn Somerset Webb.

Nicola Sturgeon’s £6m baby box is a pointless gimmick

Nicola Sturgeon holding two babies © Getty Images

The SNP’s “baby box” scheme is an idiotic idea that is designed to make it look like they’re doing something for everyone. But it’s pointless waste of moneys, says Merryn Somerset Webb

Low interest rates are doing more harm than good – quadruple them and see what happens

Hands counting cash © Getty Images

Low interest rates are damaging the economy, says Merryn Somerset Webb. They aren’t making people borrow and spend, they’re making them worry about their retirement – and save.

Saving systems for the lazy

Woman doing paperwork © Getty Images

A choice of energy supplier or financial institution is all very well. But often, the hassle of switching accounts makes it hardly seem worthwhile. Thankfully, there are now companies that will do it for you.

Port Talbot is a message to the Bank of England

Tata steel works © Getty images

If the Bank of England wants to avoid another Port Talbot, it’s going to have to raise interest rates, says Merryn Somerset Webb.

It's not just Scotland's rich who will feel the pinch

Nicola Sturgeon © Getty images

Nicola Sturgeon’s income tax plans won’t endear her to middle Scotland, says Merryn Somerset Webb.

A hole in the plans of Scotland's 'tax the rich' brigade

Scottish political leaders' debate © Getty images

It won’t take many of Scotland’s top-rate tax payers to leave to blow a hole in the tax take, says Merryn Somerset Webb.

A golden hello that says big companies aren't hearing us

Andrew Witty © Getty images

When it comes to ridiculous executive pay, GlaxoSmithKline still doesn’t get it, says Merryn Somerset Webb. But they’re not the only ones.

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