Member Since: 20th Jan 2000
26th Mar 2020
Good luck Philip. I hope you pull through soon.
11th Mar 2020
Aside from the coronavirus spending (which is probably necessary if things get bad), I am a little concerned that a Tory government isn't even aiming to balance the books. In the past, it seemed that they predicted balance in x years time, never achieved it, but were at least going in the right direction. One day there will be another global recession (perhaps coronavirus will kick start it) and then the country really will need to borrow.
I can't say that I'm sad to see Entrepreneurs’ Relief cut right back (even though a number of my clients have benefited from it). I would rather there be incentives to start and grow businesses, than to sell up.
10th Mar 2020
I think the problem is that if it spreads very rapidly (which it seems to be doing) then it will overwhelm the capability of any country's health service to deal with those infected.
Statistically, around 10%-20% of those infected will need hospital care and around 1%-3% will die (both heavily skewed to the 70+ age bracket).
The measures taken by various countries are to try to flatten the spike in infections and allow health services more time to treat those affected.
17th Dec 2019
I think it will be for the better in the medium to long term. The EU is gradually federalising and I want no part of that.
I dare say there will be costs and challenges to overcome in the short term, as there are with all major policy changes.
It is likely that over time, the direction EU takes will feel alien to the majority of us in the UK and rejoining will be as unpopular as joining the EU is in Norway, Iceland and Switzerland.
16th Dec 2019
I'm glad that Boris won.
From my perspective, Corbyn was fundamentally unsound to be PM, due to the people / organisations that he chose to associate with and the worldview he has held over the decades. His manifesto (even without the extra spending pledges during the campaign) just seemed like a recipe for chaos to me.
Boris has said and written plenty of silly things over the years and is prone to exaggeration - but this can be said of many politicians.
For better or for worse, Brexit will now be delivered and the rest of the Conservative policy agenda can be delivered.
If Labour are to ever get back into power then they have to ask themselves who might best win back their northern heartlands - probably not a London MP, anyone who wants to re-join the EU soon or anyone from the "Loonie Left" end of the party. The Labour Party also needs to be cleansed of Momentum, in the same way that Militant was purged by Kinnock in the 1980s.
30th Jul 2019
I just hope Boris can get Brexit sorted by 31 October and then we can all move on with our lives in the UK ... and the EU can move on in whatever direction they want to (probably something like federalism).
I think many in the EU are also just want an end to it all soon, so I am not sure there would be any further extensions in any case.
There will be a post-Brexit aftermath to deal with for a few years. Whether it is Boris who deals with it or someone else will depend upon the General Election, likely within the next 12 months.
26th Jul 2019
Let's hope for substantial increases in government spending and borrowing and the banishment of "austerity".
Although many individuals and government departments were hit, did the country as a whole ever really have "austerity"?
Public spending continued to rise and government debt as a percentage of GDP has more than doubled in the past 11 years.
But I suspect you will get your wish.
18th May 2019
Although presumably if Xero got into serious financial difficulties (and couldn't raise any new money), its share price would collapse and a competitor would buy them out on the cheap.
The new owner might then slash the company's probably bloated marketing budget and exit poorly-performing markets to turn a profit.
As far as the end user is concerned (in the markets that Xero remains in), they will still be able to use the product.
17th May 2019
Yes, I agree there are plenty of good opportunities from the recent changes.
17th May 2019
Same experience for me, Mark.
I have picked up a number of clients on the back of the existing accountant/bookkeeper not wanting to or perceived as not wanting to get involved with MTD.
Umpteen years ago, I picked up a number of companies when iXBRL tagging came along.
I suppose it's a pain having to learn a few new things every year, but the reward is that there is plenty of work to go around for all of us who are prepared to learn what to do.
To be honest, I'm really glad that things have moved on from the way that things were done when I started in 1989.