Gulf markets rise as oil prices climb on Iran sanction fears

Gary Stevenson, the economics commentator and YouTuber known for advocating wealth taxation on high-value property, has announced he is stepping back from his YouTube channel citing exhaustion and burnout. Stevenson, who has accumulated 1.6 million subscribers on his Garys Economics channel since its 2020 launch, has been a prominent voice calling for a 2% annual…

AVI acts as investment manager to three trusts listed in London. Credit: Indypendenz/ Shutterstock.com. Pacific Asset Management has agreed to acquire the entire share capital of Asset Value Investors (AVI), becoming the institutional partner of the independent boutique fund manager. The combination links two investment management firms, with Pacific providing infrastructure, technology, operations and investor…

The recently enacted 21st Century ROAD to Housing Act removed a construction rule that imposed thousands of dollars in unnecessary costs to manufactured housing since 1974, according to Zillow. The act removed the requirement that manufactured homes be built on a permanent steel chassis, a change expected to cut $5,000 to $10,000 from the cost…

Property owners and investors could face substantially higher capital gains tax bills on inherited assets if proposed reforms are implemented, according to analysis from wealth manager Rathbones. The research examines two potential policy changes: removing the capital gains tax uplift on death and aligning CGT rates with income tax bands. The findings suggest beneficiaries could…