06/16/2014
Fracking - it seems that we are now getting used to the unpleasant nomenclature attached to fracturing rocks to extract various types of gas. However, in the UK we are about to enter the period of political fracking which will also result in the release o
06/12/2014
Last Friday’s consultation on changes to the way IHT trust charges are calculated is the latest in a series of assaults which are leading to the demise of trusts, but could we end up with a tax system that encourages wealth to be passed on to very y
06/09/2014
Reading the recent New York Magazine piece on Steve Cohen, the billionaire hedge-fund manager of SAC Capital, two themes emerge: he hates fame and he likes to be feared.
06/05/2014
Speech by Martin Wheatley, CEO, the FCA, at the Global Exchange and Brokerage Conference, New York. This is the text of the speech as drafted, which may differ from the delivered version.
06/04/2014
Following the furore surrounding HMRC’s decision to mail 1000 ‘nudge’ letters to individuals paying tax at a lower-than-expected ‘effective rate’, we question why and how this extraordinary campaign was authorised.
06/03/2014
The People's Bank of China, China's central bank, is the world's biggest gold hoarder and the bane of Wall Street traders, reports the Chinese-language financial news website BwChinese, citing a Hong Kong financial analyst.
06/02/2014
Over the past week, yields on 10-year US Treasuries reached their lowest level for a year, while the S&P 500 reached a new all-time high.
05/26/2014
The news last week that some of the institutional investors being offered shares in Saga were getting somewhat disgruntled should come as no surprise. We have had a raft (sorry for the poor pun) of flotations and, as is often the case, they have not lived