Spotlight

Bordeaux 2012 Prices Down

by Giles Cadman There have been a series of releases of Bordeaux ...

Chateau Margaux Expands in China

by Giles Cadman Since the removal of tarriffs on wine sold in ...

£4.5m Wine Fraudsters in Court

by Giles Cadman Wine Fraud is too common to be surprised by ...

Chinese Wine Production Expands

by Giles Cadman China has increased its consumption of wine dramatically in ...

Australians Complain about British Wine Tax Regime

by Giles Cadman Around the world tax regimes distort markets for alcohol, ...

The Wine Forger’s Handbook

by Giles Cadman Dr Noah Charney and Stuart George have written a ...

Latest News

Bordeaux 2012 Prices Down

by Giles Cadman There have been a series of releases of Bordeaux wines, with most being cheaper than previous vintages, reflecting the difficult 2o12 growing season. Among the estates to release yesterday were Chateau Montrose, matching Pichon Comtesse with a 20% price decrease on 2011 to €57.60 ex-Bordeaux (still above its €42 ex-Bordeaux in 2008 but significantly down […]

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Increasing Pressure on Tax Havens

by Giles Cadman There is a concerted effort to pressure tax havens into becoming more transparent, to prevent tax evasion. In my mind there is some doubt as to whether there needs to be law changes, or whether regulators just need to use existing laws to illegal behaviour. Not all tax havens are the same, […]

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Ex Strategist can Sue UBS

by Giles Cadman  The Global Financial Crisis was caused by a variety of factors, including the illegal dealings of some major financial institutions. In response the Dodd-Frank Act has changed the way whistleblowers are treated, in an attempt to ensure insiders tell regulators about illegal activity. UBS had attempted to get a lawsuit by a […]

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Chateau Margaux Expands in China

by Giles Cadman Since the removal of tarriffs on wine sold in Hong Kong the Chinese market has driven demand for wine at a time when the rest of the world’s economies have been weak. It is not surprising that many wine producers have established operations in China, including some of Bordeaux‘s finest. Chateau Margaux […]

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PIMCO’s El-Erain on the Global Economy

by Giles Cadman Mohamed El-Erain, CEO of PIMCO, the worlds largest bond investor, has a fantastic article in the Atlantic about the current position of the world economy. He discussed the four different policy approaches in four key economies. Accordingly, the world is engaged in four historic and unprecedented policy experiments: China, where the new […]

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Google’s Schmidt on Tax

by Giles Cadman Governments around the world are complaining about large companies structuring their tax efficiently. Eric Schmidt, Executive Chairman of Google, points out the obvious. Schmidt defended his company’s tax policy at the same event on Wednesday, saying its behaviour was not unethical and that it was “trying to do the right thing”. “Virtually […]

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Tax Havens save Individual Taxpayers £100B

by Giles Cadman Governments around the world are complaining about taxpayers structuring their tax affairs to lower their tax burden. The problem is allegedly with tax regimes in countries that believe in low tax rates. Oxfam claim that individuals are depriving governments of £100bn. The total amount of lost tax revenue is far higher than £100 […]

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JP Morgan’s Dimon Still CEO and Chairman

by Giles Cadman Jamie Dimon remains in both roles at JP Morgan after winning a shareholder vote at its annual meeting.  Shareholders of JPMorgan Chase handed chairman and CEO Jamie Dimon a resounding victory, defeating a resolution offered by public employee unions and the New York city comptroller‘s office to split his job in two, […]

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Mark Carney on Europe

by Giles Cadman The European political elite seem to be unwilling to take any radical steps to fix the European economy. It is refreshing to see someone with the stature of incoming Bank of England Governor, Mark Carney, point out the obvious. Europe will face a lost decade if it does not do something, and […]

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Irish Make Sensible Points on Tax

by Giles Cadman Apple, the United States biggest corporate tax payer, has been getting massive amounts of negative publicity about managing their corporate affairs to minimise tax. Many of Apple’s tax paying companies are registered in Ireland, which has lower taxes than other nations. Ireland has been widely criticised for having a sensible tax regime […]

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