Well, ‘the lady is for turning’ after all!
Following today’s announcement that there will be a June Election, undoubtedly there will be a degree of uncertainty until the results are fully known. However, it is far preferable to have this turmoil now, than for instance ‘further down the track’ when she is trying to ‘close down’ on a difficult Brexit negotiation with our awkward European partners in 2019.
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1. John Major the incorrigible dinosaur…how do we shut him up?
What is this old political ‘war horse’ doing pontificating on our TV screens and the press about a second referendum and trumpeting the virtues of the EU? Did he not know the outcome of the last year’s referendum where the people decided? Lest we forget, this is the man that got us into the ERM, the precursor of the Euro, in the first place, many years ago, at the wrong rate, which we subsequently stumbled out of in the 1992 ignominious devaluation and thank goodness for this country that we did!
Mr Hammond, Sir, a multiplicity of businesses and property owners are suffering from the ineptitude of your predecessor and his ‘shock and awe’ SDLT hikes which have served to greatly distort the Capital’s Residential Property Markets in all sectors.
By exciting the markets in the lower prices, the vulnerable first time buyers have been further disenfranchised and the markets in the higher value ranges have been rendered stagnant and illiquid, with a 70% reduction in transactions. This has caused a needless DIY recession in this sector, resulting in less Stamp Duty Receipts for your Treasury.