A Political CGT Blueprint

THE CITY GRUMP As government debt skyrockets, thanks to Covid19 lockdowns, naturally the Treasury’s thoughts turn to increasing taxes.  Some think the holy grail is to seek out tax, which will be worth collecting and somehow be seen to make life fairer for us citizens. To this end the Treasury commissioned the Orwellian sounding Office for Tax Simplification (OTS) to come up with ways of reforming … Continue reading A Political CGT Blueprint

China’s Consumerist Virus

BY BERNADETTE SPOFFORTH China’s exploitation of consumerism is a virus, but we created it. I have many experiences of business in China, over 25 years in fact, from dealing with small family factories to multibillion-dollar factories; good ones, who at least attempt to follow ethical working practices, to ones that hide child workers before inspections. They all have one thing in common – a collective … Continue reading China’s Consumerist Virus

Casting Hume into the Flames

BY EFFIE DEANS How does civilisation begin? It begins with agriculture. Prior to the development of agriculture all we have is hunter gatherers in small bands living from moment to moment intent only on the bare necessities of life such as obtaining food and shelter. What enabled the transition to agriculture? It was the division of labour. In order for people to settle down and … Continue reading Casting Hume into the Flames

The Sunak Handouts

THE CITY GRUMP The mainstream media seem to have fallen hook line and sinker for our photogenic Chancellor’s July 8th handouts. Headlines like “Come dine with me” and “Rishi Dishy” are everywhere, while the FT’s normally sensible Deputy Editor, Robert Shrimsley, declares “Mr Sunak presented a substantial and imaginative statement”. No he didn’t, it is all flash and no substance. Where to start? Okay let’s … Continue reading The Sunak Handouts