I’m a bit late to this, but having been away last week, I have only just got round to reading Janet Yellen’s speech from last week on the matter of income and wealth inequality in America. …
Make sure you get what you pay for I went to Tokyo Disneyland last week. It was pretty awful. We liked some rides (Jungle Cruise was good) and we thought the caramel popcorn was pretty …
I wrote here a few weeks ago that I suspected that all the changes to the pensions regime in the last few months were less about private pensions than about public pensions. The changes make …
It hasn’t been easy for investors to find good news in the last few weeks, but the falling oil price should offer some. And from the perspective of the Japanese, it should be great news. …
It was a gorgeous day in Tokyo – the views from the tower of the Imperial Hotel are a nice reminder of some of the reasons I love it here (from the 17th floor you …
I’m in Japan (again). Tokyo has never felt like it is in a deflationary depression (not since I first arrived here in 1992, anyway), and driving in from the airport, it is hard to believe …
Should capital gains tax (CGT) be higher? The Lib Dems certainly think so. One of the key planks of their economic policy involves preventing people from easily multiplying their wealth. So, they want a mansion …
In the MoneyWeek editor’s letter last week (which subscribers can read here) I looked at the idea that the UK’s bankers have somehow “got away with it” – “it” being their role in the financial …
There’s a new consensus in Scotland among politicians. It is that there is still a a huge appetite for independence in Scotland, but that in the absence of an immediate mandate for independence, almost all …
The recent party conferences have thrown up several ideas on tax cutting that I now find – unexpectedly – that I don’t 100% approve of. The first is the abolition of the tax on inherited …