Don't panic! It's not all over
Article Abstract:
There are many strong arguments in favour of being concerned about the stock market at present. However, the crises that truly affect investors are usually the result of long-term problems which are overlooked during a period when attention is focused on more attractive but transitory developments. It can be argued that the financial markets have not yet reached a stage where they could decline significantly. However, it would be wrong to assume that current valuations can survive indefinitely.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Business fears 8bn pounds sterling hit from phased abolition of ACT
Article Abstract:
The UK government's decision to abolish advance corporation tax (ACT) has been generally welcomed by companies and their advisers. However, they believe that their cashflow will be extremely negatively affected by the planned introduction of quarterly tax payments. Observers believe that some companies may use the abolition of ACT to return funds to shareholders through unusually large foreign income dividends. Chancellor Gordon Brown has stated his intention to put an end to this practice.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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