Keith Boyfield Keith Boyfield

Cognac Calamities

Rachel Reeves, our frazzled Chancellor of the Exchequer, is scrambling around for additional sources of tax and excise revenue.  Her options are dwindling as we come closer to Budget day on 26 November.

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Madsen Pirie Madsen Pirie

Reducing the cost of energy

If UK growth is to be achieved, lower energy costs for business and industry could play a significant part in bringing that about. It would involve a reform of energy market structures.

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Tim Worstall Tim Worstall

Oh yes, we approve of this, very much so

The homelessness charity Crisis is going to become a landlord for the first time in its 60-year history, saying the housing crisis in the UK has reached a “catastrophic scenario”.

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Madsen Pirie Madsen Pirie

Boosting UK investment with opt-out savings

If we introduced an additional investment scheme whereby people put 3% of their wages or salary into a passive private investment scheme (but could opt out), it would add to investment and growth. 

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Madsen Pirie Madsen Pirie

New York’s future

If Zohran Mamdani implements policies that cause corporations to leave New York, high-income residents to move to low-tax states like Florida and Texas, and strong rent controls that lead to rental shortages and deteriorating housing stock, then based on known economic patterns and historical precedents, several things might happen.

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Madsen Pirie Madsen Pirie

Alternatives to a UK ‘Exit tax’

There has been discussion about a possible UK exit tax targeting wealthy individuals who leave the country, with reports mentioning something like a 20 percent tax on unrealized gains rather than a direct confiscation of assets.

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