“Google, Facebook and Amazon face new UK regulator”

Apr 7, 2021 | Digital

An independent (financial adviser’s) view

In the 70s and ‘80s, financial services was the Wild West. Anyone could flog pensions and savings plans, thousands did and earned lots of commission and the life insurance companies made fortunes. Now, we’re regulated down to the number and shape of full stops we can put in our incredibly detailed suitability reports. Though if you’re happy to move south or east and work somewhere sunny, there are plenty of expat opportunities to sell savings plans and earn lots of commission without all the fuss. And so it will be with the internet. We’ll regulate the heck out of it, the Wild West will move further south and east and become someone else’s problem.

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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.