At Glentree we have traversed the Residential Property Market from the dark days of 1976 to the present.
We have presided over the transformation of London from a souvenir city, rich in culture and heritage (as Paris is today), into a financial colossus and Brexit and the Non-Dom fiscal changes will not serve to diminish this trend.
What on earth is our esteemed, well intentioned, perfectly decent, Prime Minister, Rishi Sunak, up to now…, bless him? Everyone knows that he was always a better ‘No 2 man’ and was elevated, by circumstance, to the top job, perhaps beyond his station and in a General Electoral context was always destined to generate galloping indifference from the Electorate. Why on earth did he not take the good advice from his electioneering guru, Isaac Levido and wait for an autumn Election?
It does appear that instead the PM surrounds himself with a cabal of ‘wet behind the ears’ border line Millennials, who have convinced him to ‘go for broke’ on July 4th and in doing so, attempt to ambush the Labour Party with this surprise attack!
By Trevor Abrahmsohn, Glentree International
The UK Economy is £3trillion and the government have approximately £1trillion for spending. Yesterday’s budget had 1% to play around with – this doesn’t buy you many bunnies out of a hat!
Frankly, the Chancellor’s speech looked more a case of setting out his stall in readiness for an autumn election, than it was to change the world with his financial gymnastics.