1089 days ago
On 17 September 2011 it was announced that Simon “Harry” Potter was to become CEO of Bahamas Petroleum (BPC) with the shares ending that day at c9.3p. Last year Potter trousered £375,000 as CEO so it is fair to say that his nine and a half year gig has cemented his position as a millionaire. But what of those dirty grubby peasants the shareholders? How have the hoi poloi prospered? Over the years I have repeatedly warned about the ramping of the shares, the extremely suspect financing arrangements and Harry – watch me make your ISA disappear, its magic – Potter’s ample rewards for failure.
2355 days ago
Tax avoidance is legal - millions of us do it by owning an ISA. It describes legitimate ways to pay as little tax as you can do within the law. Tax evasion is avoiding paying tax by breaking the law. Simple enough? Not for John Humphreys, the grotesquely overpaid presenter of Radio 4's flagship fake news programme Today.
