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Found 1 result

  1. Posted this on the News blog, but as my submissions never seem to appear there, I thought I'd post it here too: https://www.theguardian.com/business/2016/oct/13/properties-seized-assets-corrupt-cash-crackdown-criminal-finances-bill-tax-haven We'll see how this pans out; but if it has any teeth at all, then it's yet another measure that will discourage foreign "investment" (cough). We've had a drip-drip-drip of legislation this year, all designed to discourage (in one way or another) the idea that property is simply an investment vehicle - and sooner or later, it has to bite. And while I'm ever the cynic, I increasingly feel that our new Prime Minister is one of those rare and elusive of creatures - someone with backbone and a belief in doing what's right, rather than what lines one's own pockets. We shall see, we shall see. Interesting times.
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