Other people are finally coming around to our way of thinking

We try to be early to ideas at MoneyWeek; often too early. But this has been a week in which other people seem to be coming around to our way of thinking.

898_MW_P03_Top

Ignazio Visco: we are at risk of losing an irreplaceable asset
(Image credit: Copyright (c) 2017 Shutterstock. No use without permission.)

We try to be early to ideas at MoneyWeek. We are often rather too early. But this has been a week in which other people seem to be coming around to our way of thinking. First, housing. On the BBC this week, Nigel Wilson, chief executive of Legal & General (which has a large housing division), announced that help-to-buy has distorted the UK housing market. It is, he says, "a very unfair solution" that has done little but "help push up house prices". We've been saying this for years but when even housing bosses are saying so, surely it's time to call a speedy halt to the scheme (particularly now house prices have stopped rising).

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More
Merryn Somerset Webb

Merryn Somerset Webb started her career in Tokyo at public broadcaster NHK before becoming a Japanese equity broker at what was then Warburgs. She went on to work at SBC and UBS without moving from her desk in Kamiyacho (it was the age of mergers).

After five years in Japan she returned to work in the UK at Paribas. This soon became BNP Paribas. Again, no desk move was required. On leaving the City, Merryn helped The Week magazine with its City pages before becoming the launch editor of MoneyWeek in 2000 and taking on columns first in the Sunday Times and then in 2009 in the Financial Times

Twenty years on, MoneyWeek is the best-selling financial magazine in the UK. Merryn was its Editor in Chief until 2022. She is now a senior columnist at Bloomberg and host of the Merryn Talks Money podcast -  but still writes for Moneyweek monthly. 

Merryn is also is a non executive director of two investment trusts – BlackRock Throgmorton, and the Murray Income Investment Trust.