4 thoughts on “Bank share give-away flawed”

  1. Posted 23/06/2011 at 19:29 | Permalink

    Spot on Philip.

  2. Posted 23/06/2011 at 20:52 | Permalink

    Of course, this is a vote-winner. And in the mind of the politician, vote-winners trump any sensible suggestion

  3. Posted 24/06/2011 at 11:42 | Permalink

    I am not actually sure whether this is a vote winner. In order to qualify for CGT relief you actually have to buy the shares from the Treasury up front (and most people would not have the spare cash). If you do not pay that sum up front, the shares are only worth their value over and above what the government paid for them (ie nothing at the moment and quite possibly for years). I think people might well feel completely conned.

  4. Posted 25/06/2011 at 10:19 | Permalink

    Hasn’t Mr. Clegg got anything useful to do? What are we paying him for? Reforming the House of Lords?

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