Halleluiah! At last the Brexit deal seems to be done. If it gets through the various hurdles, then we could be due for a Brexit bounce and not a moment too soon.
After two tortuous years of clowning around in the Brussels three ring circus, we finally have a deal. And not just any deal. It’s a deal that our former European partners can agree to (shock, horror) and one that May feels able to navigate through the labyrinthine parliamentary process. Continue reading
Dear Chancellor,
I know you have some competing issues to consider at the moment, not least of which is finding the resources to meet ‘Maybots’ NHS largesse of £20billion. Nevertheless, for pity’s sake, you must do something about the distorting effect of the existing Stamp Duty regime on the UK Residential Property Market.
Whilst the SDLT changes may have been a laudable aim of the former Chancellor Osborne, to slow the property market down, thereby protecting the housing stock, the measures he used were closer to ‘stingers’ than they were to ‘sleeping policeman’.
There is much talk today, in the press, about the consequences of a ‘no deal’ on Brexit, even Dr. Liam Fox has put it down to a 60/40 chance.
The Governor of the Bank of England (BOE), Mr. Carney, has increased Interest Rates, probably because he believes that, on balance, the Brexit deal will happen and therefore, the control of inflation is more important today, than anything else, when the ‘sluice gates open’ on public sector wage increases and their knock on effect on the private sector. Continue reading