The UK may have a larger “lifestyle economy” than many countries, but that’s not why our productivity growth is worse than that of other developed nations.
Investment platforms have opened up investing for many people. But their pricing structures are obscure and switching between them is expensive and slow.
When it comes to productivity growth, Britain has lagged behind most of the developed world. But that is slowly changing. Merryn Somerset Webb explains why.
Merryn Somerset Webb picks five books for those people who think everything is just awful these days.
Invesco’s bullying of an investment trust is an outrageous example of fund management arrogance, says Merryn Somerset Webb.
Good governance and shareholder democracy are being undermined by companies issuing shares with limited voting rights. But investors are starting to push back, says Merryn Somerset Webb.
Employers are offering all sorts of perks to their workers. But one perk they’re not offering is higher pay. That might soon have to change, says Merryn Somerset Webb.
In a rare example of government action having the intended effect, buy-to-let landlords are selling up, and that could mean house prices falling.
The rise of the low-cost investment platform has changed the shareholder base of investment trusts – and it’s having a dramatic effect on how the sector operates, says Merryn Somerset Webb.
Wages are rising in Japan. That doesn’t necessarily mean the Bank of Japan will end its monetary stimulus. But it does open the door to surprises, says Merryn Somerset Webb.
We should abolish inheritance tax, says Merryn Somerset Webb, and replace it with a gift tax, paid at the recipient’s tax rate.
In the early days of investment trusts, managers knew nothing of benchmarking. How things have changed, says Merryn Somerset Webb. And not necessarily for the better.