SimonWelchIFA

Financial Planner helping clients to plot a course on a map whilst making adjustments along the journey to ensure they arrive at their financial destination.

[SimonWelchIFA @SenseSimon]

I can confirm Earth isn’t flat! 🌍

[Max @banthebbc]

The UK curve just Laffered…

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Useless fucking idiots.
They were told this would happen.
Did it anyway.
Abolish the government!

[Alan Smith @AlanJLSmith]

There are 5.6 million small businesses in the UK.

SMEs account for 99.9% of the business population.

This government seem hell bent on destroying the entire sector.

Insane.

[Andrew Neil @afneil]

French intelligence expects 400,000—500,000 people to march across France tomorrow. Warns of likely attacks on public buildings and other symbols of the state plus "opportunistic looting".
So a repeat of last Saturday expected.
But with some shopkeepers organising their own defence. We shall see.
Even more significant, French security services particularly concerned about 20,000 to 40,000 expected at Saturday's rally in Orleans organised by hard-left (communist) CGT union to protest against Marine Le Pen’s National Rally, which is holding its congress (conference) in Orleans.
The National Rally expects about 5,000 people there on Saturday and up to 10,000 on Sunday, when Le Pen launches her presidential campaign.
Protests on Sunday have been banned — though that doesn’t mean they won’t happen. Orleans will be a tinderbox.

[Daniel Priestley @DanielPriestley]

Now they’re coming for entrepreneurs.

Labour originally introduced entrepreneurs relief in recognition of the insane amounts of unpaid work and risk taking people put into building a business.

They want us to build value in the economy but also they want to send a message to entrepreneurs that the rewards for doing so are now cut short.

If they go ahead with this it’s another reason for UK entrepreneurs to go build something somewhere else.

[SimonWelchIFA @SenseSimon]

A government dominated by career politicians who've never run a business, employed staff or met a payroll, is out of touch with reality. Small businesses drive growth, create jobs and pay taxes that fund public services. No thriving private sector, no sustainable public sector

[Cut My Tax @CutMyTaxUK]

The latest Treasury leak is that Labour will hike the rate of capital gains tax that applies to entrepreneurs who sell their businesses. The rate originally introduced by Labour in 2008 at 10% has already been raised by Reeves to 18%.

Craig Beaumont of the Federation of Small Businesses said “Small business owners work hard through their lives and rely on entrepreneurs’ relief when selling their business to fund their retirement. This relief has already been reduced and limited – it must not be thoughtlessly discarded.”

The spin coming from the Treasury is that incentives will be introduced instead to encourage business owners to reinvest their proceeds in new businesses. But what happens if owners just want to sell and retire? There used to be retirement relief from CGT but Labour scrapped that in 2003.

This new attack on CGT Entrepreneurs' Relief is just another anti-business move by today's anti-business Labour Party.

[SimonWelchIFA @SenseSimon]

@LizKershawDJ It’s been the elephant in the room for a long time! @CartoonistBee used to speak about it in seminars to the financial advice community 20 years ago!

[jeff prestridge @jeffprestridge]

Labour wouldn’t dare touch them.

[Daily Mail @DailyMail]

DOUGLAS MURRAY: If countries like France don't confront and remove those who hate them, there will be nothing leftof them but a beautiful name https://t.co/Abb7IpQM2Z

[Andrew Neil @afneil]

Graphic footage, with little narration, from major French TV channel of the appalling violence, destruction, anarchy in the centre of Paris last Saturday. Worth watching from beginning to end.
The French Left/Unions demanding resignations at the channel because it only depicts violence and doesn’t provide ‘context’!

[Jean Hatchet @JeanHatchet]

Here we go. Left-wing agitators are going to attempt to fly the same shit across the UK as just happened in France. Using “student protest” as a cover for violent rioting and attacks on British institutions, buildings, police and emergency services etc is transparent. We all know the flag which will fly at these protests and which demographic of people will be gathering force behind that flag.

From @ucu “the biggest possible support for protests”.

What you gonna do @andyburnham ? Because you have just under 4 weeks to do it.

[SimonWelchIFA @SenseSimon]

@EstherMcVey1 Occasionally, I accidentally tune into the BBC 🤢 and the latest example was its description of far-left anarchy and Islamists tearing France apart as merely “schoolchildren protesting.” The BBC’s deliberate misreporting is precisely why it should be defunded.

[Esther McVey @EstherMcVey1]

Woke, broke and out of control, it’s time to scrap the license fee.

As someone who started my career at the BBC, it gives me absolutely no pleasure to write these words. But let’s face the brutal truth: the British Broadcasting Corporation is a shadow of its former self and needs to be put out of its misery.

Founded in 1922 by Lord Reith with a proud mission to inform, educate and entertain, the Beeb was once the envy of the world. Today it has degenerated into a cesspit of left-wing political bias which the British public are forced to pay under the threat of criminal law.

Even when staring down the barrel of a $10 billion defamation lawsuit from the US President for its misleading edit of his Capitol Hill speech and which triggered the double resignation of its Director-General and Chief Executive of news, the BBC still refuses to admit its bias problem.

And yet the problems were laid bare again over the weekend with more revelations. First, we learned that taxpayer-funded civil servants have been seconded into BBC newsrooms, ‘fact checking’ and writing articles while masquerading as impartial journalists. Second, we discovered that schoolchildren are being brainwashed with left-wing views on net zero and immigration via the BBC Bitesize platform.

 No wonder the BBC has plunged to the bottom of the Ofcom league table for impartiality, and that 2.5million viewers have turned their backs on the station since 2020, preferring instead to get their news from elsewhere.

And rather than addressing those problems BBC bosses and government ministers, concerned about the loss in licence fees, have decided to impose draconian measures to force people to pay for something they no longer want and no longer watch.

The tragic irony is that the BBC knows exactly what the problem is. Between 2024 and 2025, three separate internal reviews warned that ‘perceived political bias’ was driving viewers away. As whistleblower Michael Prescott revealed in an explosive leaked memo, "systemic editorial bias" runs deep. The main areas of concern were gender reporting, along with its reporting of Britain’s history, colonial past and in its anti-Israeli stance. Let’s be honest BBC, it isn’t perceived bias, it's real. The Gaza documentary got the BBC sanctioned and its Arabic station was forced to make 200 factual corrections about its wider Israel-Gaza war.

The BBC internal inquiry noted working-class viewers are particularly dissatisfied, finding it ‘out of touch’ and ‘alienating’.

Little wonder when you had ex-Match of the Day pundit, Gary Lineker, on £1.3 million of public money, using the profile the BBC gave him to pontificate about Brexit, Gaza, and Rwanda.

And what about the concerns over two-tier coverage of “Unite the Kingdom" protests and  pro-Palestinian marches along with trigger warnings on comedy classics such as Dad’s Army and The Royle Family.

The BBC has been infiltrated and taken over by a left-wing woke metropolitan establishment and it is slowly killing it from within.

The public realise that this culture is so ingrained it will never change. It’s time to end the BBC licence fee.

[Rush @exRAF_Al]

Class.

[Alan Smith @AlanJLSmith]

We definitely don’t want wealthy people coming to the UK, investing a minimum of £5 million in British companies, paying taxes and building businesses.

Crazy idea.

[Cut My Tax @CutMyTaxUK]

Britain's debt now exceeds £3 trillion

Public sector borrowing hit £24.52 billion last month, higher than expected

Inflation increased to 3.5%, while private sector wage growth was only 3%, meaning wages are declining in real terms (apart from in the public sector, where wages increased by 6.3%, more than twice as much)

Labour is looking to further increase taxes on investment, which will lower investment and hit productivity, leading to lower wages.

It's a doom loop.

[Liz Truss @trussliz]

Our national debt has just hit £3 trillion.

We were told by the "grown ups" in both parties that putting up taxes, Net Zero and high immigration would bring the debt down.

This is the counterfactual of what I sought to do in the Mini-Budget.

And it has been a disaster.

[Daniel Priestley @DanielPriestley]

Wealth taxes don’t work.

Being pro-business, pro-success and pro-wealth works.

You don’t trap wealth, you attract it. These people have infinite options, the best advisors and can act faster than governments can. You might not like it but they can take their money wherever they want.

Countries don’t get rich through taxes. They get rich through growth. And then there’s growth, there’s money to do other things too.

[Daniel Priestley @DanielPriestley]

I heard a fascinating story about human behaviour today.

A tour guide at a historic castle was getting very high ratings from tourists.

They went to see what he was doing differently.

On several of the rooms he had used the red velvet ropes to block the doors.

These were normally used when the rooms were being repaired or cleaned. He had put them up at the beginning of each day.

During g the tour he would look around and say to the group “would you like to have a quick look in here?” And they would say yes in hushed tones.

He would ceremoniously unclip the rope and let them through into the room. A room that was always a normal part of every tour.

This simple little bit of theatre made people love the tour that much more.

Humans love what we can’t have.

[Maurício Alencar @MauricioFCA_]

🚨It took six years for debt to rise from £2 trillion to £3 trillion