Merryn’s blog

How the pension contributions annual allowance is crippling the NHS

Doctor walking away from camera © Christopher Furlong/Getty Images

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.

Scotland's “ethical” stockmarket is a rather neat idea

Edinburgh from Calton Hill © Getty Images

Plans are afoot for a new stockmarket for Scotland, which will only list companies that make a positive impact on society and the environment. It’s a neat idea, says Merryn Somerset Webb.

Jeremy Corbyn – a fate worse than Brexit

Jeremy Corbyn © Ian Forsyth/Getty Images

Many people claim to be worried about the effects of a no-deal Brexit. But there is a much more serious threat to Britain, says Merryn Somerset Webb: a Jeremy Corbyn government.

Don’t stop at forgiving student debt – forgive everyone’s debt

Students throw their mortarboards in the air during their graduation © Christopher Furlong/Getty Images)

A jubilee for student debt is an attractive idea but not a fair one, says Merryn Somerset Webb. Better to give everyone a hefty lump sum – whether they have debts or not.

Neil Woodford, fund managers, and the systemic risk to the financial system

Andrew Bailey © Getty images

The consequences from the Neil Woodford debacle aren’t limited to his fund’s investors. He and his ilk could pose a systemic risk to the financial system, says Merryn Somerset Webb.

Libra, Facebook’s faux cryptocurrency, could really take off

Facebook Libra cryptocurrency © Getty Images

Libra, the proposed new cryptocurrency from Facebook, could be huge, says Merryn Somerset Webb. Not because it is a cryptocurrency. But because it isn’t.

Disappointing employment figures mask a much rosier picture

College graduates © Getty Images

The May employment report in the US was mildly disappointing. But in America, as in the UK and Europe, the labour market is looking super strong, says Merryn Somerset Webb.

Labour’s land reform proposals are putting the cart before the horse

Private property sign © Getty Images

There is much to agree with in Labour’s report on land reform. But any new proposals will inevitably will just add another layer of tax and bureaucracy on top of an already unmanageable system.

The bull market’s secret weapon

Woman and digital screen © Getty Images

The bull market may be a little long in the tooth. But it’s not over yet, says Merryn Somerset Webb. And the huge productivity boom from widespread digitalisation will prolong it further.

Neil Woodford’s failure isn’t just about his incompetence – it’s about much more than that

Neil Woodford

Neil Woodford’s failure isn’t just a result of poor performance, says Merryn Somerset Webb. It’s down to a failure of governance and the very structure of the fund itself.

Investors beware: regulators are moving in on the big tech companies

Apps on a smartphone © Getty Images

Regulatory action against the big tech companies should serve as a warning to investors of just how fragile these stocks’ valuations are.

Don’t use your pension to buy a house

House for sale sign © Getty Images

The frankly stupid idea that pension-fund cash should be available to be used for a house has reared its ugly head again. It should be fiercely resisted, says Merryn Somerset Webb.

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