Both the RAC and AA have been saddled with huge debts by private equity owners. It;s not done them any favours at all.
Rather than spend their donors’ money on charitable causes, a huge number of charities are hoarding cash and investing it. They should be spending it on those they have pledged to help, says Merryn Somerset Webb.
Neil Woodford and Adam Neumann have pulled off spectacular examples of the “bezzle”, says Merryn Somerset Webb. Hoodwinking investors and walking off with vast, unearned fortunes.
Cash machines are dying. And it’s not all down to people using debit cards, says Merryn somerset Webb. Rock-bottom interest rates are playing their part, too.
Death comes with an awful lot of admin, says Merryn Somerset Webb. And if you don’t plan it right, it can come with an awful lot of expense, too. Here’s how to smooth your passage – in financial term, at least.
The Labour Party has said that in its first Budget it would abolish non-domiciled status. But non-doms do pay tax, and they do have a choice where they pay it. Scare them off, and they’ll pay it elsewhere, says Merryn Somerset Webb.
Wealth management is in the main a very traditional industry – with traditionally high and unacceptably opaque charges. But that is slowly changing, says Merryn Somerset Webb.
If you’re looking for a reliable source of income for your retirement, you might be better off with high-yielding resources stocks than with an annuity, says Merryn Somerset Webb.
The valuations of WeWork, Peloton and little-known Australian unicorn iSignThis all point to the fact that the IPO bubble for so-called “tech” firms is bursting.
As tech stocks continue to soar, real value has been forgotten. It’s fine to hold tech, says Merryn Somerset Webb, but investors should look for value elsewhere, too.
The world’s most bizarre financial experiment ever – negative interest rates – continues. Merryn Somerset Webb looks at how investors should respond.
The rash of incivility, virtue signalling and outrage on social media is just the latest manifestation of a phenomenon Adam Smith knew only too well, says Merryn Somerset Webb.