Learning at the school of hard knocks

GOSLING'S GROUSE

Once upon a time, the last week of February marked the onslaught of six manic weeks for the investme...

Once upon a time, the last week of February marked the onslaught of six manic weeks for the investment industry as we all went Pep and then Isa crazy. Mad things happened like consumers pitching up at a few minutes to midnight on 4 April clutching application forms in their sweaty palms. Those were the days. The market fell out of bed, the punters all hid under theirs and then property arrived - just to prove investors never learn their lessons. Slowly, another end of tax-year frenzy has been emerging - frenzy is frankly the wrong word because we're talking about Venture Capital Trusts. ...