Boots and L&G strike ‘largest ever single transaction’ pension deal as buy-in flurry continues November 24, 2023 Boots has struck a record £4.8bn buy-in deal with L&G today which will see liabilities for the retailer’s pension scheme shifted over to the insurance giant.
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.
City minister pledges regulatory shake-up for the Square Mile in maiden speech November 23, 2023 The new City minister Bim Afolami took aim at cumbersome regulation in the Square Mile today as he laid out plans for a wave of rules reform in his maiden speech.
City regulator could restrict short selling under proposed legislation November 23, 2023 The regulation would give the financial regulator the power to “prohibit or impose conditions” on people entering into a short sale.
City watchdog ‘is still failing’ burnt Woodford investors, MPs say November 23, 2023 The FCA "has failed, and is still failing" investors who were affected by the Woodford scandal, a group of MPs have said.
Relief as UK Chancellor Jeremy Hunt extends VCT and EIS sunset clauses November 22, 2023 Chancellor Jeremy Hunt confirmed that the Venture Capital Trusts and Enterprise Investment Scheme sunset clauses would be extended to 2035 as part of today’s Autumn Statement.
‘A common sense move’: Boost for retail investors as Hunt confirms ISA shake up November 22, 2023 Jeremy Hunt has confirmed a sweeping shake-up of the UK’s individual savings account (ISA) regime today in a bid to free up cash to flow into the company’s equity markets.
Natwest: Hunt plots ‘tell Sid’ sale of remaining government stake November 22, 2023 Hunt has revealed the government will look to offload its remaining stake in Natwest to retail investors over the next year as part of a bid to boost participation in public markets.
Hunt lays out plans for sweeping pension consolidation to unlock start-up cash November 22, 2023 The Chancellor Jeremy Hunt has laid out plans to consolidate the fragmented pension market in the UK riday in a bid to channel potentially billions of pounds of capital into start-ups and listed companies.
Would the rumoured inheritance tax cut see an exodus from AIM? November 22, 2023 Rumours have been swirling that the inheritance tax rate might be cut in the autumn statement. What could this mean for AIM?