Advice For The Chancellor In Preparing The Autumn Statement 2015

Dear George

I am certain that you have a lot to do before next Wednesday’s Autumn Statement and I am sure you are mindful that you are not only our esteemed Chancellor, but you could be Prime Minister Elect.

There are a few issues that need your urgent attention.

Firstly, despite what you read in the headlines, the Residential Property Market in London beyond £1.5million is grinding to a halt.  I know you are not ordinarily concerned about deflation in prices of the more expensive properties in this sector for the moment but, if there is a full-blown recession, it may come up and ‘bite you on the bottom’. Continue reading

Cyber Crime – Possibly The Greatest Threat To Mankind A Real Life ‘Catch me if you can’ Scenario

Let’s face it cyber crime/warfare, above anything else, could be the greatest of all threats to humanity, possibly, even to include nuclear warfare and may be the most devastating and invasive weapon of them all.

Why do you think the Chinese are spending so much money investigating Space warfare rather than the billions that the US spend on their ‘rusting hulks’ of their very expensive Armed Forces? Continue reading

Is There A Housing Bubble In London Or An Outright Recession At The Higher End Of The Market?

What on earth is everyone going on about?  True, the market is extremely buoyant between £200,000 and £600,000 where there is little stock and where you can sell a property to whomever you want within a matter of hours. However, at the middle to upper end of the market, there is a recession going on which probably started a year ago and where values are dropping by 10-15%.

There are very few buyers, particularly above £10million, either locally or from abroad.  The Non-Dom fiscal changes, the draconian Stamp Duty rates and the low oil price have all seen to that. Continue reading