Well, you have heard it first at the Labour Conference yesterday the somewhat ‘bumbling’ Ed Balls espousing the politically charged rhetoric that Mansion Tax will pay for the NHS.  How cynical is this?

Firstly, the proponents of this tax have no idea how much revenue it will raise and this figure is pure guesswork.  Secondly, I’m not sure how much more money needs to be spent on the NHS since the present government has maintained the fulsome commitments to healthcare of frontline medicine of the last ‘discredited Labour regime’ despite the vital cut-backs that needed to be done. Continue reading →

How can the Scotland issue possibly affect the property market in the UK?

The connection here is very current and could be predicted. Already the Pound is cascading due to international market uncertainty about the Scottish devolution issue.  Unanswered questions remain, such as:

What will happen to the Scottish share of the National Debt? Continue reading →

The BOE’s announcement today is a laudable pursuit but I’m not sure that they are not ‘behind the game’.

Let me explain….. the historic multiple of earnings for a family was based on one income earner and over the last twenty years, due to the changed modern lifestyle, both husbands/wives/partners both bring in earnings and, therefore, this multiple could be allowed to rise and still be seen to be a responsible action. Continue reading →