Unless the world’s multinational corporations get their act together, capitalism is heading for trouble, says Merryn Somerset Webb.
Articles written by Merryn Somerset Webb
Saving money while on holiday is all very well. But if you have the cash, paying for all the extras is definitely worth it, says Merryn Somerset Webb.
Since Boris Johnson became prime minister and promised to leave the EU, deal or no deal, the pound has fallen around 3% against the US dollar. But sterling’s weakness is not all about Brexit.
Asset manager BlackRock thinks the ECB should start buying equities. But that would distort pricing signals; be anti-free markets; and would be almost impossible to unwind, says Merryn Somerset Webb.
A no deal Brexit may not be as likely as our national misery guts like to think, says Merryn Somerset Webb. Everyone wants an easy out. And that’s got to be good for the economy.
If you are offered a temptingly high return on anything, says Merryn Somerset Webb, it is because it is illiquid and risky. That’s something that investors in peer-to-peer platform Lendy should have realised.
The government is consulting on the pensions annual allowance taper that is wreaking havoc in the NHS. Much better would be to simply abolish it, says Merryn Somerset Webb. And not just for the NHS.
UK house prices are set to tread water while incomes rise, making property more affordable, says Merryn Somerset Webb.
Why not abolish inheritance tax and replace it with a gift tax on the recipients of unearned cash – wherever it comes from?
NHS doctors are responding to the perverse financial incentives of the pension contributions annual allowance scheme by just not doing any extra work. The system needs fixing. And not just for doctors.