About five years ago, I interviewed Russell Napier for MoneyWeek; we've talked many times since (you can watch the latest interview here). When I asked him what he thought the best long-term investment a person could make was at the time, he said a guest house or hotel in a city the Chinese might like, designed in such a way as to make Chinese guests feel comfortable and staffed by at least one Chinese speaker. Good call.
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
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Premium Bonds winners: Who won July’s £1 million jackpot?NS&I has announced some details about the winners in July’s Premium Bonds prize draw. Who won the jackpot, and how can you find out if you got lucky this month?
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Beating inflation takes more luck than skill – but are we about to get lucky?Opinion The US Federal Reserve managed to beat inflation in the 1980s. But much of that was down to pure luck. Thankfully, says Merryn Somerset Webb, the Bank of England may be about to get lucky.
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Rishi Sunak can’t fix all our problems – so why try?Opinion Rishi Sunak’s Spring Statement is an attempt to plaster over problems the chancellor can’t fix. So should he even bother trying, asks Merryn Somerset Webb?
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Young people are becoming a scarce resource – we should value them more highlyOpinion In the last two years adults have been bizarrely unkind to children and young people. That doesn’t bode well for the future, says Merryn Somerset Webb.
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Ask for a pay rise – everyone else isOpinion As inflation bites and the labour market remains tight, many of the nation's employees are asking for a pay rise. Merryn Somerset Webb explains why you should do that too.
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Why central banks should stick to controlling inflationOpinion The world’s central bankers are stepping out of their traditional roles and becoming much more political. That’s a mistake, says Merryn Somerset Webb.
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How St Ives became St Tropez as the recovery drives prices sky highOpinion Merryn Somerset Webb finds herself at the epicentre of Britain’s V-shaped recovery as pent-up demand flows straight into Cornwall’s restaurants and beaches.
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The real problem of Universal Basic Income (UBI)Merryn's Blog April employment numbers showed 75 per cent fewer people in the US returned to employment compared to expectations. Merryn Somerset-Webb explains how excessive government support is causing a shortage of labour.
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Why an ageing population is not necessarily the disaster many people think it isOpinion We’ve got used to the idea that an ageing population is a bad thing. But that’s not necessarily true, says Merryn Somerset Webb.
