Rachel Reeves may be about to close a major inheritance tax loophole — and the wealthy are calling it “dangerous.” But what’s really dangerous in
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Is Labour killing democracy?
It is rare for this blog to promote anything related to the Adam Smith Institute, but there have to be exceptions to every rule. This
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We should ignore anti-inheritance tax lobbyists
I read a pile of complete nonsense about inheritance tax yesterday. It was included in an email sent to me by somebody called Nigel Green,
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Why is anybody surprised about US inflation data?
As the FT reported last night: US wholesale prices jumped in July, rising 3.3 per cent from a year earlier, in the latest signal that
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Alaska today is an exercise in misinformation
Today’s news agenda is going to be dominated by events in Alaska. My problem with this is that the meeting between Trump and Putin that
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Tax as the economic steering wheel
Politicians tell us taxes pay for public services. In reality, it does something far more important — it shapes our society. In this video, I
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Liked the parrot nailed to the perch; growth is no more. It is ex-growth.
As the Office for National Statistics reports this morning: UK gross domestic product (GDP) is estimated to have increased by 0.3% in Quarter 2 (Apr
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Banks cannot lend their depositors’ funds
Introduction I keep getting comments from people who claim that my suggestion that banks do not use funds deposited with them to make loans is
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The wealthy have not gone
As the FT has noted this morning: Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, which suggests
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