As a saver whose income is modestly into the higher tax bracket, yesterday’s pre-budget report wasn’t great. Here are the main measures designed to get Labour re-elected and stimulate the economy: Spend now: Temporary cut in VAT, from 17.5% to 15% (until December 2009) Extra £60 to pensioners in January Early increase in child tax [...]
2008
Written in 1989, Liar’s Poker remains one of the best route maps around Wall Street’s corridors of ‘high’ finance: that is, the skullduggery that brought us the credit crunch and destroyed itself in the process. Now Liar’s Poker author, Michael Lewis, has written on The End of Wall Street’s Boom in Portfolio magazine, and as [...]
(Image: WRI) Like the vast majority of the 100 million bloggers in the world, I earn less than a dollar a day from my own blogs. That’s an average figure. Some days I earn more, many less. But it currently averages out to about a dollar a day. Blogging for money is a terrible idea. [...]