Longform editor @FT Before that retail, @FTLex, @FTMoney and @ichronicle Views and errors my own
Saarfend innit
Joined March 2011
- Tweets20.7K
- Following648
- Followers9.2K
- Likes2.4K
While European carmakers resort to retro marketing gimmicks, the dismantling of their industry - orchestrated and subsidised by Beijing - continues apace and in plain sight ft.com/content/2174fa8e-5b5e…
I admire their altruism, but the NHS is never going to change
It’s a patriarchal misogynistic hierarchy that is obsessed with process instead of outcomes
When things go wrong, its quasi-Masonic ranks close bbc.co.uk/news/articles/cxe8…
For all but the biggest estates, "hard work" is already taxed at a much higher effective rate than inheriting
Removing "the family home" (it's never just "a house") means large and largely unearned gains on property are never taxed
Inheritance Tax punishes people for working hard, saving, and leaving something for their children.
That’s why we Conservatives are taking the first step towards abolishing it completely.
We will scrap Inheritance Tax completely on the family home and raise the threshold for other assets to £1 million for a couple.
We are on the side of people who work hard.
Cutting inheritance tax is the most Tory policy ever. Benefits a relatively tiny number of people, given that only around 5% of estates even pay IHT
Everyone else will have to make up the shortfall
For context: Boots was taken off the UK stock market by KKR and Stefano Pessina in 2007 - for £11bn, or the equivalent of $22bn at the time the deal was announced
ft.com/content/c3a6e3b7-e998…
Help to Buy II is on the way
Years ago I did a chart for @FTLex showing how completions, house prices, share prices, dividends and exec pay had evolved under H2B mk 1
The smallest growth was in completions
The largest was in exec pay
Einstein's dictum on insanity springs to mind
Maybe we could just raise the personal allowance to the level of the full state pension each year?
So at least the people who fund the whole ponzi scheme actually see some benefit, rather than just the "I've paid into the system all my life" brigade
ft.com/content/2374a71b-1a31…
Hospitality companies complain that “tourist taxes” will erode affordability and reduce visitor numbers
On the same day that tickets to the Bayeux Tapestry - at £33 a head - sell out until the end of the year
Hmmmm…
Get a landline and buy a fax machine….
So @c2c_rail cuts a quarter of its services out the timetable - and still they don’t arrive on time
Many have jumped to the conclusion that this is a result of nationalisation. I’m beginning to wonder if they’re right
= “Do our job for us”
Hi. Passengers should check before they travel at c2c-online.co.uk and at nationalrail.co.uk.
Is that the sound of thousands of irony meters blowing up?
[Borrowing costs today are rising across the developed world. The US just intervened to try and bring down yields on Treasuries. By contrast in September 2022 they shot up in one place only....]
More nonsense on business rates
Sectors that have had tens of billions in rate relief over past 5-6 years will get another £100mn/year dollop, funded apparently by higher rates on shops selling vapes and other undesirable stuff
My daughter’s uni is charging £35 per head to attend her graduation
Is this a thing now? The Ryanair-sation of academia?