A new UK ISA will give British savers a share in our country’s future prosperity Bim Afolami As we mark the 25th anniversary of the ISA, the government is planning to expand the tax free savings offer to give more people a stake in out country’s success, says Bim Afolami It’s a little-known fact that the majority of ISA holders earn less than £30,000 per year. Not just a tool for the [...]
British investors buck trend and pour more money into UK equities Investing UK investors have changed their tune on the British stock market, with the number holding UK equities having jumped by 10 per cent over the last three months. In Etoro’s Retail Investor Beat, which surveyed 1,000 UK investors, 80 per cent said they now have cash in UK equities, the highest level in over a [...]
The UK’s biggest ISA pots revealed Investing The UK’s biggest ISA pot is worth over £11.6m, according to new data from HMRC revealed in a Freedom of Information request.
Spring Budget 2024: British ISA unveiled to push UK retail investment March 6, 2024 The new ISA, which will be introduced after a consultation into the implementation, will allow investors to put an extra £5,000 into UK equities.
Treasury minister fails to rule out further tax cuts ahead of election November 26, 2023 A senior government minister has not ruled out the possibility of more tax cuts ahead of a general election, stating that the Autumn Statement had “set the direction of travel”.
Fractional shares: what do new rules mean for UK investors? November 23, 2023 Though no specific details have been given, experts have cheered the chancellor’s decision to allow fractional shares in ISAs.
The Notebook: Susannah Streeter on Jeremy Hunt, Dua Lipa and the advent of the YIMBYs November 22, 2023 In today's Notebook, Susannah Streeter talks the autumn statement, the NIMBY-YIMBY pipeline and the need for ISA reform.
Chancellor to allow ISAs to hold fractional shares in effort to boost investment: report November 20, 2023 Chancellor Jeremy Hunt is reportedly set to announce major changes to individual savings accounts in his autumn statement on Wednesday in an attempt to boost investment in UK companies.
City chiefs urge chancellor to tackle ‘downward spiral of investment’ and reform ISAs and pensions November 15, 2023 The group called on the chancellor to tackle the “downward spiral of investment” that had taken hold in the UK.
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.