After all, statistics can be spun in any way we wish. However, the GDP figures that are so prominently in most economic statements from politicians seem to be one of the least efficient and reliable to be measuring the state of the economy.
Vince Cable’s reference to tax havens as ‘sunny places for shady people’ at the Lib Dem’s conference, hits upon one of the hotly debated tax issues of the year. Monaco has been in the press a great deal over the past week – m
Lord Fink is director of investment firm ISAM, based in the Cayman Islands, a British overseas territory in the Caribbean.
At the same time, the numbers of UK buyers in the Paris region has remained stable at around 2% of all transactions, according to data from BNP Paribas, whilst for France overall, the percentage of UK buyers dropped slightly from 11% to 9%.
There has been a downturn in confidence in the UK economy, a CISI survey shows. Of more than 320 respondents, 27% said they were more optimistic for the country’s prospects than three months ago.
Bowing to media pressure at the last Budget, the Government, out of the blue, increased SDLT to 15% from the previous 5%, for companies buying residential property over £2m.