Economy & Tax

Maybe it’s time to believe in the Big Society after all

Maybe it’s time to believe in the Big Society after all

The Big Society, a term no longer used by the Tories or anyone else, was all about voluntarism. The idea that, after years of seemingly terminal decline, those Burkean little platoons could be reinvigorated and all sorts of social ills tamed by their hands. A rotten campaign platform, but also a difficult practical policy; the problem was that many supposedly […]

Expecting a long life?

Expecting a long life?

Expecting a long life? The latest proposal from the Pensions Minister may help you here. Steve Webb has announced that the Government is considering a proposal to provide pensioners, upon retirement, with an estimate of how long they might live.  Morbid stuff, perhaps, but the thinking is that people tend to under-estimate how many years they might get before they shuffle off […]

by and · 23rd April 2014 · Economy & Tax
Who regulates the regulators?

Who regulates the regulators?

Tuesday’s Times brought news that the Financial Conduct Authority has managed to land itself in some hot water with the Chancellor.  The FCA—set up by the Coalition Government to draw a line under the Brown-era Financial Services Authority—has been accused of “precipitating a disorderly market in insurers’ shares” by leaking to the press that it intended to review whether closed […]

by and · 7th April 2014 · Economy & Tax
Annuity reform: the rabbit in the Chancellor’s hat

Annuity reform: the rabbit in the Chancellor’s hat

Jonathan Galbraith on why Osborne’s big Budget idea on annuity reform should be welcomed. The big surprise in George Osborne’s Budget last week —the proverbial rabbit in the Chancellor’s hat—is the change in pensions rules which will remove the requirement to purchase an annuity at retirement from April 2015 onwards.  An annuity is an insurance product that allows you to […]

by and · 28th March 2014 · Economy & Tax
Will 2014 be the Year of the Recovery?

Will 2014 be the Year of the Recovery?

Matt Gass looks at the challenges to the economy in 2014 I can’t point to a single defining moment but at some point in 2013 most seemed to conclude that the long awaited recovery had arrived. This feeling has brought on hopes that, after many false starts and premature reports of green shoots, 2014 will see the recovery we have […]

by · 3rd January 2014 · Economy & Tax
The Entrepreneurs’ Diary: Why age really matters in business

The Entrepreneurs’ Diary: Why age really matters in business

Any entrepreneur knows that they go into business because they have a passion, and of course, because they think they can provide a better service or create a product to outstrip one that already exists.  I started my company a tour operator specialising in visits to the First World War battlefields earlier this year for those very reasons. A few […]

by · 3rd December 2013 · Economy & Tax