Archive | February 2012

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Should 40 per cent tax relief on pensions go?

Latest news on pensions, released nicely in time for the weekend papers to make a big thing out of is the suggestion that 40% tax relief on UK pension contributions should be limited to 20%. The timing is interesting not just because of its focus on the current dissatisfaction with the higher paid, but it […]

Ta Ta to Tetley Tea?

Just saw the side of my box of Tetley Tea – now sporting the new label “Tata Global Beverages”. What’s that all about? Someone messing with my tea? Something’s stirring in the markets, and somehow I think it’s more than just my cuppa…

Why a smaller Trade Deficit is bad for Britain

The UK’s latest Trade deficit figures are being lauded as positive news and the “best ever since 2003“. Now, when deficits get smaller it’s supposed to be good, right? In this case, wrong. It’s actually quite a bad sign, especially when you compare it to Germany which is in the supposedly hopeless Eurozone.

Nokia deserts Europe

At one time Nokia represented 54% of the Finnish stock market. They were also a major employer of Finns. Since their change of strategy two years ago it seems they have gone from bad to worse, from the frying pan into the fire, and now it seems are planning even to undermine their own support […]