“Brexit white paper: ‘UK and EU won’t have current levels of access to each other’s markets'”

Jul 13, 2018 | Brexit

An independent (financial adviser’s) view

Expect the exodus to new EU bases of fund managers and other financial services providers to speed up now that the White Paper has given ‘much needed clarity’ to their likely position post-Brexit. Bottom line, if they’re based in the UK, they won’t be able to market to other countries as easily; and that’s if the proposals are accepted. It could be worse still. If we want the City to be anything more than a backwater, we need to backtrack; or turn the whole thing upside down and become the Cayman Islands. I’d say.

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“Rachel Reeves may be forced to raise taxes”

“Rachel Reeves may be forced to raise taxes”

Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is  that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.