Advising the millennial inheritors
The BBC this week has been reporting that millennials will benefit from the biggest ‘inheritance boom’ of any post-war generation. It was drawing on a report by the think tank The Resolution Foundation claiming that inheritances were set to more than double over the next 20 years, peaking in 2035, but most millennials will have to wait until they are 61 to benefit. By comparison the report states, only 38% of adults born in the 1930’s received an inheritance. Wealth creation
Is the UK a 'destination' for infrastructure investment?
How much will the resignation of Lord Adonis, Chairman of the National Infrastructure Commission affect this year’s march on new infrastructure? Should the discussion about who pays – private or public investors - be discussed more openly? The Telegraph last year reported that although the UK ‘remains as one of the top countries for investors… it is falling in the ranking as Brexit and political stability weighs (heavy)’. It quoted law firm CMS as saying that the UK could loo
Stock markets and emotions
It was reported that the UK stock markets climbed to new highs on the final day of trading for 2017 and that the US stock markets have also seen new heights over the last year encouraged by Donald Trump’s sweeping tax reforms. What lies in store in 2018? The BBC reported some academics stating that the FTSE 100 had been lifted by a rise in oil prices and by the weak pound, since these companies have large operations abroad. Economists and academics will continue to debate the