“Directors banned after taking millions from investors”

Dec 8, 2020 | Investments

An independent (financial adviser’s) view

Two headlines on the same day show how financial services regulation is still as ineffective as ever after 20 or 30 years. Promotors of a fake share scheme ‘punished’ five years on by being banned as directors. And millions to be lost by investors in yet another sure-fire property development scheme offering guaranteed returns from so-called ‘mini-bonds’. Surely it just needs someone at the regulator’s office to spend 10 minutes googling around each day to spot these things? Or am I, once again, missing something?

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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.