Lest we forget, Brexit, in the long term, will not only be the greatest emancipation of Britain’s talent, enterprise and innovation but, actually, in the short term, will paradoxically provide the greatest excuse for failure for both governments, industry and commerce alike. If it hadn’t existed they would need to invent it! Continue reading
Glentree Blog
Author Archives: Trevor Abrahmsohn
AIDE MEMOIR TO THE NEW CHANCELLOR
Something has to be done to repeal the draconian effects of Stamp Duty on residential market sales, as the markets in all price ranges are grinding to a screeching halt.
This is not good news for either consumer spending or the Treasury Receipts from SDLT that are so badly needed to reduce the stubborn Budget Deficit which, at best, remains unchanged from last year’s level of £70billion. There should have been a mid-way mark between the old rate of 7% Stamp Duty and the extraordinary level of 15% set by Osborne in his clumsy and ill-considered Autumn Statement in 2014 – he should have consulted more widely at the time before he ‘blurted’ this out but consensus policy-making was never his ‘Schtick’. Continue reading
14 DAYS INTO BREXIT AND ALREADY THERE ARE GREEN SHOOTS OF RECOVERY
After the traumatic four-month lead-in to the Referendum, with the government’s apparatus assaulting the populace with everything they had to ‘frighten the living daylights’ out of them and resulting in an unexpected Brexit result, is it any wonder that everyone is reeling from these ‘shock and awe’ tactics? It is of limited solace that Osborne has been sacked now, for this.
Had the run-up period before the Referendum been, say, 28 days (as with General Elections) a lot of this anxiety and nervousness could have been avoided but, nevertheless, we are where we are. Continue reading