Economic Growth in Malta vs. UK Labour Policies

Mar 10, 2026

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Musings

New adventure

We have spent most of 2025 travelling to many parts of the world to try and find a new location to live. We have been to USA, Dubai, Malta, Spain and many more. Our thoughts is that in our mid 50s we have another adventure in us. We haven’t lived… Read More ⇢
An advent calendar of tax changes

We are now due a smorgasbord of tax changes a week today by Rachel Reeves since politically No10 & 11 seem to have backtracked on the 2p income tax increase. I think this is a mistake but we will now get a full list of smaller tax changes leaked including… Read More ⇢
Budget 2025

It’s time to call the budget in a few weeks and the impact we expect on the UK economy. No budget decision doesn’t change the environment we operate in and how we feel. I do actually feel sympathy for Rachel Reeves as she comes into a period of not being… Read More ⇢
Are you paying for yourself?

I have become slightly obsessed with the UK budget and how if you were running a business like the UK how you would not need to go back to the markets to ask for more money. We have done severe economic damage to ourselves with Brexit – a topic I… Read More ⇢
Is the UK going to introduce an exit tax?

Rumours are swirling that Rachel Reeves postponed the budget to work on the precursor of a wealth tax – an exit tax. It’s quite hard to look at a wealth tax before making it hard for the wealthy to leave. The £20-40m new black hole in public finances needs filled… Read More ⇢
The Wealth Tax Debate: A Bigger Picture

The debate around a wealth tax in the UK is everywhere. The rallying cry is familiar: the “working man” insists they already pay enough tax, pointing instead to wealth inequality as the real problem. The proposed solution? Tax the rich. But here’s the harder truth: the UK economy is sluggish,… Read More ⇢
Rory Sutherland on Land Tax

I have talked here about taxing property more and I think that there is some momentum in the Labour Party for looking at IHT and especially reducing IHT on your main home. It is mad that a property value has grown by 10-20x since the 80s. In addition tax on… Read More ⇢
Thoughts on the UK

I am pretty negative about the UK economy generally but do think that some of the Labour policies are more damaging in the long term. I have a few friends and colleagues that have left the UK before the beginning of this tax year or are planning to find another… Read More ⇢
Reform Property Tax

There is much talk about the challenges Rachel Reeves is having in balancing the books on a low growth economy like the UK. Having been elected on a manifesto pledge not to raise taxes on working people (I think this was broken last year!) she faces a large black hole… Read More ⇢