Lolly Ramlaul

Where next for government spending?

An economic slow-down next year could turn into recession, exacerbated by tax increases and productivity-sapping government spending. The funding of social care hasn’t been resolved; the problem has merely been postponed. The NHS consumes ever increasing amounts of taxpayers’ money with little to show in terms of improving outcomes. The funding of a bloated higher education sector through loans that will never be repaid has been a financial disaster. Badly-needed changes to business rates and housebuilding have been kicked into the long grass.

Money Week

Where next for BAME entrepreneurs?

The latest research from KPMG suggests that, thanks to the UK’s Covid vaccination programme and a greater business confidence in the post-Brexit environment, global Venture Capital Investment into UK companies has continued to grow, with £6.7bn being invested in the second quarter of 2021.

But despite BAME communities comprising 14% of the UK population, all-ethnic founding teams received just 4% of all venture capital investments between 2009 and 2019.

The Future of Wellness

The Attitudes Survey reveals that 26% of UHNWIs are planning to buy a new home in 2021, with the biggest driver the desire to upgrade main residences. Our survey points to a growth in demand for rural and coastal properties, with access to open space the most highly desired feature. The pandemic is supercharging demand for locations that offer a surfeit of wellness – think mountains, lakes, and coastal hotspots. 

What next for Bitcoin?

On 24 September, China issued two documents. One outlawed cryptocurrency mining, the other declared all cryptocurrency transactions illegal and all companies providing cryptocurrency trading services to Chinese citizens as engaged in illicit financial activity.

And here we are, not even a month later, and bitcoin is up over 50%.The reason for bitcoin’s recent rally, certainly the latter part of it anyway, was the announcement last week that there will, finally, be a listed bitcoin exchange-traded fund (ETF).

Money Week