There’s a lot of panic and hysteria about the number of City jobs that will be lost after the UK leaves the EU. But in reality, there’s very little to worry about, says Merryn Somerset Webb.
Merryn Somerset Webb believes she may have might have a partial solution to the many problems of Britain’s dysfunctional property market. It involves inheritance tax.
Changes in the tax relief afforded to landlords could wipe out much of the profit from buy-to-let, and drag down house prices across the board.
Most US citizens are taxed on all their income no matter where on earth it is earned. The only ones who aren’t, it seems, are hedge-fund managers.
Google’s €2.4bn fine by the EU should leave nobody in any doubt that the carefree days of the big tech companies are numbered, says Merryn Somerset Webb.
Many people are not fond of rich people domiciled elsewhere for tax purposes. But they still pay a lot in tax, and if they go, the country will miss them, says Merryn Somerset Webb.
When we talked of the “war on cash” many accused us of being paranoid. But Downing Street’s plans for a cashless society went far beyond what we feared, says Merryn Somerset Webb.
The financial regulator has taken a swipe at high fund management fees. The industry will resist change, but the FCA needs to act quickly and decisively, says Merryn Somerset Webb.
MSCI’s decision to include Chinese “A-shares” in its emerging market index shines a fascinating light on the passive vs active investing debate, days Merryn Somerset Webb.
When everything is expensive and things are changing faster than you can keep up with, the safe thing to do remains the boring thing to do, says Merryn Somerset Webb.
If you feel wrong-footed by endless elections and uncertain about the future, what should you buy if you want to invest and forget about it for ten years or more?
The Conservatives will probably win the general election, says Merryn Somerset Webb. But the actual outcome is very tricky to predict. So now might not be the best time to buy UK stocks.