Lord Mayor criticises ‘misalignment’ of tax in call to unleash the City Investing The Lord Mayor of London will rebuke the government for a “misalignment” in its fiscal policy tonight as he calls for ministers to “look again” at a tax on share trading and incentivise investors to back London Stock Exchange-listed companies. In his first major speech since becoming Lord Mayor in November, Alastair King will urge [...]
Scrap FTSE 250 share tax to save small UK companies, says City Investing Urgent measures like cutting stamp duty on FTSE 250 shares are needed to save smaller British companies, a group of City heavyweights have argued. In seven of the past 10 years, more listed small companies have left the UK stock market than joined it, and this trend will continue unless serious action is taken, a [...]
Abrdn chairman adds to growing calls to axe the share tax Investment The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.
