Daily Wealth Letter from The Wealth Forums 24 Aug 2016

Reports — By on August 24, 2016 at 1:17 PM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)


Flood of Brits seeking EU passports

Britons are hurrying to ensure their own access to the European Union remains intact. In the two months since U.K. voters chose to quit the bloc, 16 embassies and high commissions in London contacted by Bloomberg News reported increases in either applications for passports or questions about residency. READ MORE: http://thewealthforums.com/2016/08/24/flood-brits-seeking-eu-passports/

Oil price plunges Scotland into fiscal crisis

The collapse in global prices has resulted in a 96 percent plunge in Scotland’s North Sea oil revenue, new data has shown. Oil revenues tumbled from £1.8 billion in the 2014-15 financial year to just £60m in 2015-16, according to Government figures.  READ MORE: http://thewealthforums.com/2016/08/24/oil-price-plunges-scotland-fiscal-crisis/

Airbnb moves into the neighbourhood

Since its inception, Airbnb – the website that allows people to rent out their homes for holiday accommodation – has been a contentious issue in cities. It’s a cost-saving convenience for travellers and a money-making opportunity for homeowners, yet a source of ire to scores of traditional hotels and guest-houses.  READ MORE: http://thewealthforums.com/2016/08/24/airbnb-moves-neighbourhood/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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