With negative interest rates, big companies have lost all incentive to make money the old fashioned way. They can just get paid to borrow money instead.
For the average worker, investing for retirement can be a headache. But employees of the Bank of England don’t have that worry. And, with an £11k a week pension, nor does the CEO of National Grid.
The EU’s failure to deal with both the financial and migration crises prove the need for its fundamental reform, says Merryn Somerset Webb.
London property is clearly horribly overpriced. But don’t bet on prime properties in the best areas falling in price, says Merryn Somerset Webb
One optimistic ex-saver has swapped her Isa for a camper van. It’s a rare example of monetary policy actually having its intended effect, says Merryn Somerset Webb.
The way pension funds are driven into low-yielding bonds in defiance of any sort of sense is finally making its way into the mainstream press.
The reasons Americans are turning to Trump are the same reasons Britons voted for Brexit: A complete lack of growth and the failure of the authorities to fix it.
With over 200,000 charities, supported by the taxpayer to the tune of £16bn a year, the current system of financing charities is very silly and very expensive, says Merryn Somerset Webb. It has to end.
The government is planning to increase probate fees for large estates by a massive amount. It’s just another stealth tax on the wealthy, says Merryn Somerset Webb.
Current monetary policy is a disaster for economic growth, pension funds, and anyone relying on dividends for income, says Merryn Somerset Webb.
It used to make some sense to forget about saving for a pension and get a buy-to-let flat instead, says Merryn Somerset Webb. But not any more. You’d be mad not to take advantage of the current benefits of saving for a pension.
Research suggests more and more parents are helping other people’s children get on to the property ladder. But they’re not doing it out of kindness, says Merryn Somerset Webb. They’re doing it for the money.