UK economy contracts 0.1% in October
Falling below expectations of a modest 0.1% increase, according to the ONS
Falling below expectations of a modest 0.1% increase, according to the ONS
Investors withdrew £5.9bn from investment funds over concerns about Chancellor Rachel Reeves’ tax changes
They lost £25.3bn since 2021 but raked in £317m in November once Budget fears receded
Majority of investors are currently underweight fixed income, according to Managing Partners Group
September’s fund flow data showed investors taking action prior to the Autumn Budget, according to the Investment Association
Commentators analyse the effect of AIM stock tax and raising gilt yields on UK markets
Most notable early impact so far has been felt in the AIM market
Gold hitting all-time highs and silver rallying propelled precious metal strategies in the month
Autumn Budget brings changes to capital gains tax, employer’s National Insurance and debt policy restructure
Reeves also announced a new 20% IHT rate on AIM-traded shares
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
Fears the the tax-free rate would be slashed did not materialise