Tag Archives: Growth

Where next for the British economy?

The British people had become so fixated on the ‘fixer upper’ to rent out to three or maybe four tenants… and nearly all other business ideas were abandoned, as property became the holy grail of… well nearly everything… in the last few years.

So it doesn’t surprise me now, when I see the slowing growth of the UK economy.

All those interesting businesses, and small businesses which added flavour and virtue to our local communities, seem to have been like…. a tap turned off, or switched off.

And without these shoots of flowering business start ups, and so much investment into flipping properties to rent, or to sell. Well it doesn’t surprise me, that we are in the puzzle of how to start growing our economy again.

Which businesses will be the ones to be able to survive the bumpy ride into 2023 and beyond?

Well, possibly those with good renewable energy business plans, and maybe ones with some flexibility or solid reserves.

Apologies for using SpaceX incorrectly as an image about British business, I like the innovative outlook of companies like SpaceX where private investment filled a void to keep progression in space travel after the discontinued NASA programme.

Could you just mention bitcoin?

If you have been following this blog for a while now, you will know I lost some money using some non mainstream cryptocurrency exchanges where I was trying to find a platform which wasn’t going to charge me such extortionate fees for swapping my coins.

I sold all my crypto last year as I was incredibly discouraged at the bad name or image it has. And with plans about being taken seriously, the mention of Bitcoin seemed to be doing more harm than good, virtually everywhere I went.

I’m pretty good at logging in and rescuing a bitcoin account on major trading exchanges. And if you register for big names like Blockchain.com they occasionally give you free money in the form of AirDrops.

This took my interest when I saw today a video conference on how to present cryptocurrency earnings for tax purposes.

After all, in 2019 my main concern was… not being able to present Cryptocurrency assets well in a professional audience. Plus my family really don’t like things that can be misunderstood for tax evasion. And even not understanding tax evasion, isn’t necessarily a way out of a tax investigation from HRMC.

And I suppose I can quietly dedicate this post to ‘Anthony’ who stole some money from me on his ‘Cryptofxspace’ but had a wonderful motto that Knowledge is power for any trader and you have be wiling to lose something, but let’s not make ourselves in the position where our losses affect our families.