The obscene pay packages pocketed by listed company chief executives demonstrate that shareholder capitalism isn’t working quite as it should. But it can be fixed, says Merryn Somerset Webb.
OECD research reveals that the UK has one of the least generous state pension schemes. But there is a cheap and simple way to change that, says Merryn Somerset Webb.
The government’s Help to Buy scheme has been the main driver behind many housebuilders’ profits. So should it get a bigger slice of those profits back in tax?
Industrialists, capitalists and big business get a hard time in literature. Merryn Somerset Webb aims to change that with some books that show free markets in a good light.
The SNP’s change to income tax has alienated the most productive members of society and put the economy and revenues at long term risk, says Merryn Somerset Webb.
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.
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.