Cavendish chiefs: Markets need tax incentive to turn heads Markets The bosses of investment bank Cavendish have joined calls to use more attractive tax policy to boost market listings, amid a waning backdrop for the London Stock Exchange. The London-listed company swung back into profit on Wednesday, but did so battling against woeful mergers and acquisition volumes. Takings from M&A slumped 55 per cent on [...]
Week in Business: Warning lights in the City as another firm quits London for New York Markets The trend has been clear for some time and the evidence points to a story of decline for the UK's capital markets.
Government urged to ditch ‘shares tax’ for retail investors Investing The government must use its Spring Statement to cut the stamp duty on shares paid by retail investors to help foster a British investment culture and boost financial inclusion, Hargreaves Lansdown has said. In an impassioned plea, the investment platform argued cutting the tax, which is applied on the purchase of all UK shares, would [...]