Opinion

GOSLING'S GROUSE

GOSLING'S GROUSE

CONTRARIAN

Under Madame Lagarde, the IMF is having some second thoughts about cutting deficits.

Over the course of history, whenever governments have over-borrowed and become enmeshed in a debt trap, they have typically resorted to a process of financial repression as a means of redressing the problem.

The Investment Management Association (IMA)'s chief executive Daniel Godfrey calls on the fund management industry to improve the way it explains fund costs and charges to consumers.

Last week Her Majesty's Revenue & Customs (HMRC) confirmed the widely expected decision it will be taxing fund rebates paid to consumers, as it considers such payments to be income.

The idea of absolute return investing generates an enormous amount of hot air and vitriolic debate for what is a relatively small amount of money.

GOSLING'S GROUSE

It is hard not to feel ever so slightly sorry for the pointy heads over at the Bank of England as they contemplate what to do next about the various quantitative easing programmes, including the Funding for Lending scheme.