Rathbones, a major UK wealth management firm produced their report, “Building Prosperity: Five Recommendations for Growth and Investment in the UK.” This analysis highlights that the UK is the most geographically unequal economy in the developed world, with critical under-investment occurring outside of the South-East region. Rathbones urgently calls on the Chancellor to take decisive action in the Autumn Budget to reverse this neglect, citing poor infrastructure, high energy costs, and planning system delays as major hindrances to national economic potential. The firm specifically recommends policy changes across five areas: pensions, business taxation, regional investment, wealth taxation, and property market reform. Continue reading
Tag Archives: Wealth tax
Wealthy…not rich.
Sept. 5, 2023 Finance/ — The concept of wealth and not rich is a complex one that is often misunderstood. In Africa, there is a strong emphasis on wealth and material possessions. This is due to a number of factors, including the history of colonialism, the legacy of poverty, and the desire to achieve social status. Continue reading
