The UK Tax System requires an overhaul, so … Imagine a Chancellor who opens his budget speech with the following words; “Today I bring you tidings of great joy! I bring you a budget designed not only to reduce our annual deficit in absolute terms but to put back in your pay packets the money …
As I am about to publish a blog on an alternative tax system I thought I should put the Amazon Tax situation down on paper. The mechanics they have used are broadly categorised as Transfer Payments, and range from overstating invoice prices, to paying fees out of the country. The negative impact on our economy …
We effectively have four Political Parties, not one of them has shown any signs of leadership that could bring the UK economy out of it's malaise. There is a singular lack of ideas, they trade in platitudes and half truths. They pander to the media … just generally we have to say "They are not …
It seems that Gordon Brown has forgotten his mission, to save the world! Leading up to the G20 summit there was a lot of publicity about the changes that were going to be made. Everyone was going to strengthen their regulatory systems, there was going to be a new Bretton Woods agreement. Alas and alack! …
We hear the pundits talking about green shoots, and listen to the commentators pointing to rises in Stock Exchange prices and hope that things are improving … but are they? We need to understand that there are in fact two economies. A real economy and a speculative economy. It is the speculative economy that is …
I guess it is always easier to criticise, however this is not meant as a criticism of Alistair Darling’s budget, which under the circumstances was about the best he could do. He was faced with a quandry similar to the nursery rhyme which went something like this; “Old Mother Hubbard went to the cupboard, but …
I will largely quote from an article written by Julian Delasantellis and published in the Asia Times, while it deals with how the USA decided against regulating the derivatives market, I want you to keep Gordon Brown's instruction to the FSA to regulate the Banking sector with a light touch in mind. In the USA, …
Here is a Guardian Headline Weak pound helps exports. Fall in sterling slashes UK trade deficit On reading we see that they are mainly talking about our February trade with Non-EU countries. Where our deficit fell by £1.6 … however our deficit with EU countries grew by £1.1 billion, While any decrease in our overall …
I think it was Marie Antoinette … who responded to a call from the people for bread with "let them eat cake". The ultimate response from the people was "off with her head". Gordon Brown has at last gone one better, As the people of the world looked to the mighty leaders to do something, …