Here’s the UK Wealth Tax to Really Worry About
In this week's roundup, Bloomberg UK Wealth Editor at Large Merryn Somerset Webb speaks with Money Distilled newsletter author John Stepek about the UK's debt problem. A report from Britain’s fiscal watchdog – the OBR – warns that the country faces "daunting" risks, as a soaring debt load has led to “substantial erosion” of its capacity to respond to future shocks.
So how will the government tackle that debt? Everyone’s suddenly talking about wealth taxes - but we might not get the wealth taxes everyone expects. Merryn and John look at why inheritance tax…
The skinny
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