Prominent businessmen such as Jim Ratcliffe of Ineos, Anthony Bamford of JCB fame, James Dyson, the manufacturer of vacuum cleaners and Bernie Ecclestone all recommended Brexit. Such men are extremely rich and were unlikely to be affected by Brexit. In order to reduce his tax bill Ratcliffe moved to Monaco, Bamford is being investigated by HMRC, Dyson moved his business to Singapore and Ecclestone has just received a suspended 17-month prison sentence for attempting to deceive HMRC. He was also ordered to pay them around £530 million pounds.
Excellent analysis. Thank you.
The rich haven't got enough yet; so, Sunak is mulling tax cuts for them. That's to save his own skin, of course, after those disastrous by-election results this week. It's almost certainly curtains for Sunak anyway, whichever way one slices it. But I suppose he will want to go out in a blaze of glory.
I have always been a committed democrat, but I must say that after many years of ordinary folk being dished out crap, I'm really beginning to have second thoughts about it.
I know what Churchill said about democracy as a form of government back in 1947 and, until recently, I bought into the idea. But is democracy really the best form of government? In recent years, it has failed the people miserably. Not so, the super-privileged few; it has served them well. Very well! They've gone from strength to strength, regardless. – © Mark Alexander
