Archive for 'News & Views'
Forthcoming General Election is Cameron’s to Lose
We now have official confirmation of what we have all known for months, if not years, the UK General Election will be held on Thursday 6th May. Since he bottled out of an early election following his unopposed “coronation” as Labour leader and thus also Prime Minister, it was clear that Gordon Brown was going [...]
Full Story26th March 1973: Women Admitted to the London Stock Exchange
History was made on this day when the London Stock Exchange (LSE) finally, after 200 years, allowed women to enter its premises as employees. One of the ten women in this first intake commented that the Exchange was the “last bastion of misogyny” and that business at the Exchange seemed to be carried out “at [...]
Full StoryWhat Is the Difference Between Residence and Domicile?
One thing that can be clearly seen amid all the arguments over the status of Lord Ashcroft is that neither the press nor the politicians really understand the difference between someone being resident in the UK or being domiciled in the UK. It is rather painful to listen to the claim and counterclaim of so [...]
Full StoryTax Related Red Tape Costs British Business £20 Billion a Year
This is the shocking verdict which the authors of a new report, published by the Institute of Economic Affairs, have come to following an in depth study into tax related compliance and administration costs which fall on UK businesses. The report also reveals that the average Finance Act in the 2000s has been three times [...]
Full Story2nd January 1980: British Steel Workers Strike
Some 100,000 employees of the state owned British Steel Corporation (BSC) caused the shut down of the company’s furnaces in protest at what they called a “derisory offer” of 6% pay increase from their management. The strike quickly spread to privately owned steelworks. Prime Minister Margaret Thatcher condemned the strike – called by the Iron [...]
Full StoryWhat is Venture Capital?
The term Venture Capital refers to an investment made in a new or nearly new company either to get it off the ground (known as seed funding) or to provide capital for growth – surprisingly known as growth funding). Venture capital investments are usually made in cash in exchange for shares in the invested company [...]
Full StoryWhat is Sovereign Debt?
In recent weeks the term Sovereign Debt has been bandied about by the media leaving many people puzzled as what it actually is. What it isn’t is money owed by a King or Queen of a country – Republics do have Sovereign Debt; you don’t need a Monarch! Joking aside, in simple terms Sovereign Debt [...]
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