A recent mass leak of financial documents, branded the Paradise Papers, has caused many people to call for the Govenmernt to take decisive action against tax avoidance. We’re joined by the IEA’s Research Director Dr Jamie Whyte, and Head of Financial Services Diego Zuluaga, to discuss the role of tax havens and the legal and ethical questions around tax avoidance. Interviewed by the IEA’s News Editor Kate Andrews, the pair discuss the fallout from the Paradise Papers, and whether it’s moral to minimise one’s tax burden using off-shore accounts and other structures. Finally, Diego and Jamie explore the role that off-shore funds will play in an increasingly globalised world.
Steve Caplin finally gets his hands on the iPhone X (is this a modern form of idolatry?). Also Uber and NASA's flying taxi, Facebook tackling nude photos and a cure for all those socks that go missing.
On this new edition of Inside Business Matthew Cook will discuss the world's most profitable firm: Apple. The Paradise Papers show a secretive new structure that would enable Apple to continue avoiding billions in taxes. Matthew spokes with our regular contributor BBC world service business reporter Howard Musteo and Professor of Economics Kingston University and author of Debunking Economics Steve Keen.
In this weeks Mobile News Matthew Cook discusses the second incarnation of The Markets in Financial Instruments Directive other wise known as MiFID II due to come into force this January 3rd. He spokes with Ian Bevington marketing manager at Oak, a company that provides software specifically to support MiFID.
Today you’ll hear an update from our Brexit Unit, led by Chief Economist Julian Jessop. Julian and Digital Officer Madeline Grant give the latest updates from the negotiations currently underway in Brussels, and discuss what sum – if any – Britain will be likely to pay in a so-called “Brexit Bill”. Julian goes through some of the sums and demands currently in play, and examines what Britain may be owed, in terms of EU assets.
In the latest Money Makers podcast Trevor Greetham, responsible for multi-asset investment strategy at Royal London Asset Management, one of the UK’s biggest pension fund and with-profits investment firms, explains what is driving the firm’s current thinking and why he thinks the current bull market in equities could continue for another 1-2 years. Mr Greetham is a 25 year veteran of the investment business, and one of the UK’s higher profile strategists, having previously worked at Fidelity and Merrill Lynch. Topics covered include not just stocks and bonds, but Brexit, inflation, interest rates, annuities and pension drawdown.
How did two Israeli psychologists change the way we understand the human mind? What is the future of Wall Street? What did Oakland A’s GM Billy Beane really think about Moneyball? And who is responsible for keeping geese off airport runways?
In the latest Money Makers podcast, Jonathan Davis questions Andy Ho, manager of the largest UK-listed Vietnamese investment trust, about the reasons for the exceptionally strong performance of Vietnamese equities – and why the country has been described as being more capitalist than the United States, despite having a Communist government. Any investor with an interest in emerging markets should find this conversation full of interest.