The value of the UK housing stock is £9 trillion. The value of UK equities is about £3 trillion. A 1% wealth tax would raise £120 billion or about 4% of GDP. That should cover it. (View Post)
Last Saturday it was very hot in London; heaving with people having a good time. I took a two hour trip by ferry from Putney to the O2. £12:50 return. I've never been to the O2 before. It's big! Lots… (View Post)
I should have said they are peaking too soon. I don't know when the peak will come but I believe it will be well before the next GE. I'm using the LD experience in early 2010, leading by 34%. And Cha… (View Post)