Defined-benefit pension funds calculate their liabilities using gilt yields as an indicator of the long-term return they are likely to get. But that could expose them to a whole lot of new problems, says Merryn Somerset Webb.
After intervening in the “market failure” of lettings fees for tenants, Philip Hammond should turn his attention to fund management fees, says Merryn Somerset Webb.
Scots are keen on the EU, but not enough to leave the UK to join it. Given the choice between the UK and the EU, they choose the UK, says Merryn Somerset Webb.
The four freedoms: not set in stone, not universally adhered to, and not necessary for single market access
A persistent myth about the EU is that there is no flexibility on the “four freedoms.” But there are plenty of exceptions that prove this isn’t true, says Merryn Somerset Webb.
The UK should be able to offer region-specific work permits after we leave the EU, says Merryn Somerset Webb.
Britain’s tech companies aren’t likely to up sticks and move to Berlin just because of Brexit, says Merryn Somerset Webb.
Donald Trump didn’t win the US election because a lot of extra voters were swayed to the Republican cause. He won because Democrats failed to vote for Hillary Clinton.
We don’t need a load of new laws to sort out the governance problems at UK companies, says Merryn Somerset Webb. We just need to enforce the ones we have.
Donald Trump’s victory is awkward for all sorts of people, says Merryn Somerset Webb. Nicola Sturgeon especially.
In a bid to remove counterfeit notes and force transactions into the legal economy, India has banned 500 and 1,000 rupee notes. Let’s hope our own central bankers aren’t taking notes, says Merryn Somerset Webb.
The SNP’s secretive backroom deals with shady Chinese companies do not give the impression that Scotland is a modern, transaparent economy that is open for business, says Merryn Somerset Webb.
How should you invest ahead of the US election? What happens if Trump wins? What about Clinton? The best strategy might be to just not think about it, says Merryn Somerset Webb.