Daily Wealth letter
a daily synopsis of the wealth news that’s most relevant, timely and dependable
Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)
NUMBER 246 TUESDAY, JULY 5, 2016
UK aims for offshore status
Britain needs to act fast to signal to international investors that it is going to be a hospitable and profitable place to do business. Chancellor George Osborne’s statement that Britain should aim for a corporate tax rate of 15 percent is not a bad start, according to Juliet Samuel, writing in the Telegraph. That would be a cut of five percentage points and give the UK the lowest rate in the G7 by some margin. READ MORE:http://thewealthforums.com/
Brakes applied to Chinese investors
Seeking relief from a depreciating yuan, Chinese outbound investors have been on a roll lately, proposing huge acquisitions in commercial property in recent months from Dubai to Yangon and every investment haven in between. READ MORE: http://thewealthforums.com/
Property Fund halts withdrawals
Investors in Standard Life’s property funds have been told that they cannot withdraw their money, after the firm acted to stop a rush of withdrawals following the UK’s decision to leave the EU. READ MORE:http://thewealthforums.com/
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