Is Margaret Thatcher a Tax Dodger?

Before anyone goes on a tirade about Margaret Thatcher buying a property in London via an offshore vehicle fuelled, dare I say, by a good measure of politics of envy let me give you some home truths.

Purchasing a property through an offshore vehicle does not in anyway escape death duties since any UK individual has to pay these no matter what or where the asset is in the world. Continue reading

Will the premature curtailment of the Funding for Lending Scheme put pressure on the Banks and Building Societies to push up mortgage rates?

The reason why The Funding for Lending Scheme was brought in 2012 was driven by the BOE and the governments desire to free up the backlog of lending to consumers that may have been holding back the property market, and lending generally to business, that was affecting growth in the UK. Continue reading