Great News! At last, after an eternity unemployed, daughter Olaf has got a job. It seems as if a first class degree from Oxford is not what most employers are looking for but, as of April she will be gainfully employed at the Victor Hugo museum. The bad news..
Driving little Jaya to Rugby this morning, I once again considered the economically illiterate audience of Question Time cheering the populist rhetoric of ghastly Dale Vince and baying for the economic blood of the evil rich. The boyfriends of both my daughters share the delusion that the rich should pay more, that wealth must be redistributed to make Britain great again. But here are three painful facts…
This is not a song it is well argued fact and ignore it at your peril. Argentina shows that we libertarians are right. The UK and Europe head in a different direction and we will all suffer. My friend Dominic Frisby explains it clearly, I suspect the millionaire selling all his sterling assets to whom he refers is Jim Mellon. Enjoy.
Peel Hunt's head of research Charles Hall has this morning warned that scrapping IHT relief on AIM shares will not raise £100 million to save the NHS as predicted by Rachel from Customer services but will in fact slash tax revenues by £1.1 billion this tax year rising to £2 billion per annum thereafter. You do not need to be an economist to see that this is a spectacular own goal.
Sometimes the left lets its mask slip and is open about how it feels about those who actually get their hands dirty in their job of work. When Joe Biden called Trump supporters garbage he did not mis-speak he really does think that working class folk who eat at MacDonalds and wear baseball caps are garbage. When Emily Thornberry MP laughed at white man van with his England flag it is because she despises him. Now senior Labour guru John McTernan has let slip what Labour thinks of farmers. It is shocking.
This is from BestInvest and makes sense to me. It is not an exhaustive list but its a start as Labour comes for the cash of the prudent to bail out the feckless..
I am a bit late reporting this but the AIM statistics for August showed a further decline of a net 9 companies with the reverse takeover of Earnz, reported as both a new admission and 1 of the 10 cancellations in the month.