The world is warming up and now “boiling”, according to the new definition by UN Secretary-General António Guterres. Yet, instead of tackling the “climate crisis”, governments are subsidising fossil fuels.…
UK
IREF Newsletter
Debanking Consumers for Holding the ‘Wrong Values’ is now Widespread in the UK. Will this Spread to Europe?
At a dinner early in July the CEO of NatWest bank group (formerly known as RBS) Dame Allison Rose told a senior BBC journalist that the high-net-worth subsidiary of the…
Online Articles
Digital Payments Leave Major Debris for Customers and Legislators to Clear Up
by
Bob Lyddon
Cost, inconvenience and fraud have been increased for consumer and business users on their ‘digital payments journey’.1 Current plans for the introduction into the UK of a Central Bank Digital…
Online Articles
FTX Could Be ‘Game Over’ for Central Bank Digital Currency and for Other Dominos
by
Bob Lyddon
Up until recently, the proponents of the cluster of financial developments around the Great Re-Set, Decentralized Finance, Central Bank Digital Currency, Financial Inclusion, Fintech, Open Banking et al have had…
There was universal relief in the UK and international media at the demise of Prime Minister (PM) Liz Truss and her replacement by the man she had recently defeated in…
According to The Economist, these turbulent times have completed the transformation of Britain into a new country, characterized by political instability and low growth, and subordinated to financial markets. Britaly…
Online Articles
‘Liability Driven Investment’ explained: the first bailout of the new Global Financial Crisis
by
Bob Lyddon
‘Liability Driven Investment’ or ‘LDI’ is both a nonsense and a truism, and is now a byword for a disaster in the UK financial system. Here is what happened. As…
The UK labour market at the beginning of 2016 is in a rather good shape. The rate of unemployment has decreased steadily in the last two years and is now…
Celebrating that the end of the world has been temporarily postponed (presumably due to government planning) the IREF Paris team wishes you Happy Holidays.
In lieu of Season’s Greetings, our Swedish and German colleagues have devised Calendars, revealing both government waste and clever advice on taxes. These may be viewed online at Skattebetalarna and Steuerzahler.
The Taxpayers’ Alliance has launched a petition on its website (freezebusinessrates.org) to enable taxpayers to appeal to their members of Parliament on business rates.
Corporate taxation in the United Kingdom rose by 4.6 per cent in 2011, by 5.5 per cent in 2012. Yet the coalition government seems set to implement a further 2.6 per cent hike in April 2013.
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