How fabulous it will be if the stamp duty holiday is extended in next week’s Budget – but how much better still if Rishi Sunak were to scrap this rotten tax for good. The Chancellor would not only win homebuyers’ undying gratitude, but would be giving the economy a much-needed boost. Stamp duty clogs the … Read more
You would expect it to take a lifetime to build a fortune big enough to own one of the biggest football clubs in the country. But Sunderland has today announced it has been taken over by a little-known billionaire – aged just 23. Kyril Louis-Dreyfus bought a controlling stake in the League One club and will become … Read more
You would expect it to take a lifetime to build a fortune big enough to own one of the biggest football clubs in the country. But Sunderland has today announced it has been taken over by a little-known billionaire – aged just 23. Kyril Louis-Dreyfus bought a controlling stake in the League One club and will become … Read more
RUTH SUNDERLAND: KPMG boss had to go – if you take job of senior partner at Big Four audit firm, you sign up to be a champion of diversity The views Bill Michael expressed are incompatible with leading a top accountancy firm For a multi-millionaire chief to tell his staff to ‘stop moaning’ about coronavirus … Read more
RUTH SUNDERLAND: Rishi Sunak clearly feels enough is enough… and he’s right By Ruth Sunderland for the Daily Mail Published: 00:49 GMT, 8 February 2021 | Updated: 00:49 GMT, 8 February 2021 Rishi Sunak‘s plan to tax the obscene profits being made in the pandemic by Amazon and fellow online retailers cannot come into force … Read more
RUTH SUNDERLAND: Like post-war 1945, coronavirus and Brexit could provide a once-in-a-generation renewal, if we can seize the moment Covid-19 provides an opportunity to move to a more inclusive capitalism Chancellor Rishi Sunak could achieve a form of wealth redistribution Our response to the pandemic has been a sign that we can achieve unity in a … Read more
Tucked away in the National Archives, among state documents and papers of historic significance, is a humble letter written by an anonymous woman. The script is a beautiful cursive, and although the paper is blotted and torn, the poignancy shines through, 100 years after the writer posted it when Britain was in the throes of … Read more
RUTH SUNDERLAND: The financial system is changing, accelerated by Covid, which has sped up dismantling of old-style banking and use of fintech The WallStreetBets is problematic for all regulators because it isn’t clear whether the mass-trading amounts to market manipulation To a young generation of day traders, anything seems possible Beneath the anarchic behaviour, WallStreetBets … Read more
Ever since the cladding scandal emerged in the aftermath of the Grenfell Tower conflagration, our post bags have overflowed with desperate missives from flat-owners. We have been told of the heartbreak of young couples, unable to sell their poky flats and forced to delay – who knows for how long – their dreams of starting … Read more
RUTH SUNDERLAND: If US tech falls to earth, it will hurt a lot of people in the UK – many small investors are exposed through funds that hold these shares History tells us that small investors piling into a soaring stock market is a sign of trouble What should we make of the US markets … Read more