07/20/2014

Wood will burn by Tim Price

I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now?

07/14/2014

Happy Bastille Day by Justin Urquhart Stewart

Bastille Day is a day for national celebration and pride, and of course the events that followed the original day led to the imprisonment of the head of state and his eventual decapitation.

07/13/2014

Ex-Merrill Lynch Banker Uses Big Data to Save UK Pubs

A former banker at Merrill Lynch has given up his lucrative career to launch a radical new business model to save the traditional British pub. Noah Bulkin, 37, has acquired hundreds of struggling pubs and is using detailed, intricate data to turn them aro

07/11/2014

Inheritance tax and illiquid assets by Karen Clark, Baker Tilly

There has been much press commentary in recent weeks about the iniquitous effect inheritance tax (IHT) has on property, particularly in London and the South East where the value of an “average” property can easily exceed the nil rate band (or