I heard on the wireless that Mifid II contains 1.7 million paragraphs spread over 7,000 pages. HMRC has always proceeded on the basis that ignorance of the law is no excuse when in fact it is quite impossible for one man to know the law. Mifid II seems to be getting in on this act. Dear God!
In last week's Times I noted that the defence team in the Tesco fraud trial are increasingly confident that the SFO case is riddled with drivel. I am not surprised.
by Victor Hill | Economics|9 mins. to read Kenya is once again politically stable and is fast becoming the most mature emerging market in Africa, writes Victor Hill.
by Robert Stephens | Equities|2 mins. to read Robert Stephens considers the outlook for two defence stocks that could become strong income investing opportunities.
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