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.
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.
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.
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.
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, the proposed new cryptocurrency from Facebook, could be huge, says Merryn Somerset Webb. Not because it is a cryptocurrency. But because it isn’t.
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.
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 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 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.
Regulatory action against the big tech companies should serve as a warning to investors of just how fragile these stocks’ valuations are.
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.