I’ve always said the you can only plan, financially and otherwise, on the basis of what you know. Time and again it’s been proven that if you try to second guess both markets and budgets, your chances of being right are odds on at best and, yes, that means it’s an each way gamble; you can tell that I know nothing about horse racing and bookies. Should I and others, for instance, sell up double quick, in case entrepreneurs relief is cut – that’s the reduced rate of CGT you pay if it’s your own business? Should those with big share portfolios or buy to lets bite the bullet and pay tax now, in the hope (?) that things will get worse? Should I cancel my August week in Cornwall, in case this summer continues to be lousy and I get wet on the beach? Who knows? Not me. And there’s the rub. To mix Bowie and Shakespeare.
“FCA to simplify listing rules in bid to revive UK stock market”
Fewer companies are ‘listing’, choosing to have their shares bought and sold once they’re big enough, on our stockmarkets; and some big names already there are, or are considering moving to others stock markets, mainly the US.
