“China slowdown sends markets plunging”

Jan 4, 2019 | World

An independent (financial adviser’s) view

The gloomy business headlines this week are about China and the end of the economic world it’s been driving. Here’s another: ‘China economy grows at slowest pace in 25 years, world’s second-largest economy posts figures that add to fears of a slowdown that will affect financial markets across the world’. Except that was from January 2016. 

News of China’s financial death have been greatly exaggerated, I’d say. It’s a dictatorship, and they can do and tell us they’re doing whatever they want.  And check out the nationality of the tourists-taking-selfies in a Cotswold town or outside a Buckingham Palace near you. All will be well; until the next ‘crisis’ in a couple of years from which lots of people, mainly in China will make lots of money.

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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.