Brits with Second Homes Beware
British homeowners who have holiday homes in Spain and France will want to take note. They may soon be kept from renting to tourists, squashing the primary reason that many people have these second homes. New laws will soon be […]
Alcohol Companies Up in Arms Over Cameron’s New Tax
Alcohol distributors and manufacturers are up in arms in Britain. That’s because Prime Minister David Cameron, in a move that appears to be highly motivated to hide the “granny tax” on pensioners, just unveiled a new strategy on alcohol tax. […]
Middle Class Pensioners – Prepare to Pay
Bad news for middle class pensioners in England. Under a new proposal by economist Andrew Dilnot, the middle class pensioners are going to be paying for their own old age care. Figures set between £35,000 and £50,000 that they would […]
Good News from Bank of England
Good news from the Bank of England. In a study they just published, they explain that interest rates will not rise, even though there is surging inflation. They say that the rates can safely be kept at .5%. Alleviating Consumer […]
Hold Your Horses on the Offshore Loophole
The British Horseracing Authority is up in arms over the offshore loopholes in horse racing. More and more horseracing sportsbooks are going offshore, fleeing the high tax rates they experience in the UK. Gibraltar Looking Good The betting exchange, for […]