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 246Â Â TUESDAY, Â JULY 5, Â 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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