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Yeah, but that's not very 'dry' is it? Honestly, I thought the proposition so absurd that it would be obvious - not having a go. :)

You need a sarcasm emoji. The only time that a tax loss makes sense IMO (and Old Sky Blue may know others) is when you lose money (and you never want to do that) you recognise it in the P/L immediately. So for example, if I have to buy a machine for £100 which has 5 years of use in it, the...

An offshore fund? Well first, it's a fund - so the profits don't even belong to SISU, they belong to the owners of the fund. SISU only profits from fees, which are probably a percentage of the value of the fund. And secondly, because it's offshore, they don't pay tax anyway.

Could you explain to me how it is ever an advantage to lose money, even if you avoid tax, because I don't understand it? Here's my maths: If the holding company were onshore and if it were not a fund (neither of which are true - but let's just imagine for a minute): If SISU were paying the...

By an offshore fund - very likely.

Because naming a price weakens their negotiations. If they state, say, £50m and the buyers would have gone up to £55m they lose £5m. If they keep silent they can refuse £49m and the next bid may exceed their price - which of course they accept. Also, they are not losing any more money; they...

The things is, you already know the answer to this question. Why persist with nonsense when you understand the difference; I don't understand.

Except it will quite possibly reduce the tax income; simple human nature - you tax someone so much that they decide it's no longer worth working or move abroad. Remember that the people who earn the most are typically the most ambitious and most dynamic and if they feel that the government is...

Agree about the 90s. And Brown absolutely culpable with Greenspan for the 2008 fiasco.

It is substantially false, I agree. However it's quite clever in the way that it includes disingenuous conclusions and narrative with some parts that are actually true. I cannot argue with this paragraph, for example: "The 1990 recession was more home grown. It was partly a result of...

Sorry, don't agree. Five year fixed interest rates are low because the markets believe there will be low growth and hence low interest rates for years to come. If they believed that growth was going to pick up they would factor in the higher interest rates that would be needed to control...

Supply and demand again. There aren't any empty houses in regions where people want to live.

Good luck with buying your first house. :) There is no one reason for house prices being so crazy but they are driven by supply and demand. Adding 332,000 net immigration per year certainly doesn't help. That's more than the population of Coventry: 313k in 2014, 332k in 2015 and 273k in...

Except it's not even right wing either - the present Tory party is only slightly right of centre I'd say.

I think we need both. It's important, I think, for the electorate to see how competent the Home Secretary would be if Labour won. She never comes across well IMO, speaks very slowly and repeats the same emotional but factless tripe but is rarely pressed where only a fact will do. What...

Pleasant.

Yeah well, as a mathematician I understand that 'typical' doesn't mean 'all'. I also understand that Irish doesn't mean poor. And, BTW, that an ellipsis has only three dots.

I have no idea if this can be supported by survey, but I think that the typical Remainer was born with a silver spoon in their mouth. Brought up in relative wealth: second or third generation of wealth and busy living the dream on inherited money (even if not actually inherited yet); never...

I'd prefer to have Eddie Snoz from Lower Uddington Sporting and the like than more has-beens squeezing their last few thousands out of the game. I'd rather we can 12th next year and had a team that wants to play, has enthusiasm and will grow as a team.

The twat leaked, what I assume is a heavily span, account of a private meeting and came up with some gems like "Brexit can't work". He is a bully and a cad and I want nothing to do with him. I'd have preferred an amicable split but if the wanker wants to play hardball then bring it on - the...