“FCA’s cap ad plans could push small firms out, advisers say”

Aug 30, 2021 | Financial Services

An independent (financial adviser’s) view

Good job I’m not a conspiracy theorist. I might otherwise be saying that our regulator would prefer to regulate fewer, bigger companies, rather than having to keep tabs on thousands of smaller firms of advisers. So pushing up the amount of dead cash we have to keep, in case we have to compensate someone, would be a way to drive many of those, either out of business, or into the arms of those bigger companies. The irony, of course, is that those who really need to compensate their clients go belly up long before they have to pay out. Anyway. Just another silly conspiracy theory, I’m sure.

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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.