Firstly, Mr Cameron, wisely, has set the date for the Scottish Devolution Referendum much earlier than Mr Salmond would have liked. To compound matters Mr Carney was invited to Scotland and made it quite clear that for a devolved Scotland to share The Pound as a common currency they would have to cede sovereignty in terms of taxation and spending. This effectively would defeat the object of the devolution process that is designed, presumably, to give the Scottish people more say in local issues Continue reading
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Author Archives: Trevor Abrahmsohn
Should It Be Allowed That 20% Of Houses In Bishops Avenue Remain Empty?
We have to be careful when there is an outcry for changes in legislation that impinge on the liberty of each individual in this wonderful and liberal country of ours. There is a substantial cost to an owner of a property (in Bishops Avenue or any other road) together with Council Tax which should deter most people from leaving properties derelict for any length of time.
The problem in Bishops Avenue is that development of these single large properties has taken, in some cases, five years or more (when you take the planning and construction complications into account) and therefore to see 20% of the 66 properties in the road-requiring repair is not so peculiar.
Should The UK Restrict Overseas Investors Buying Up UK Homes?
If I may can I take you on a small tangential journey. London, forty years ago, was a souvenir city, rich in history and culture (similar to Paris today) and very little else. The centre of the commercial universe was New York.
After Margaret Thatcher freed-up exchange controls and liberated and de-regulated the byzantine dynamics of the city of London, the Capital over the last 30/40 years became metamorphosed into the financial colossus that it is today. More IPOs take place in London than anywhere else in the world and if you don’t have a presence here, you are not in the game.