Winter Dreams

The Tory toffs who are running the British Government seem to be doing a reasonable job, despite the LibDem barnacles encrusting their hull and slowing progress. The Chancellor's Autumn Statement last week had some disappointing aspects, but by and large it does the right things, particularly by helping small businesses in various ways. I don't know quite what to make of the grandiose package of tax avoidance measures: surely it is mostly grandstanding? Having committed themselves so thoroughly at the Lough Earne G20 summit to abolishing BEPS, they probably had no choice but to make a big song and dance about it. But most thoughtful commentators have by now concluded that the whole BEPS circus will change very little in the real world. So there is no point in criticizing the Brits for continuing to push the bandwaggon along. Even … Read More »