Investors signal a return to UK equities

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The story "Investors signal a return to UK equities" was covered 19 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 19h ago

Investors signal a return to UK equities - Financial Times

Quick Summary:

Chancellor Rachel Reeves said in the Budget at the end of October that CGT would immediately increase from 10 per cent to 18 per cent at the lower rate and from 20 per cent to 24 per cent for higher earners.

Yearsley added that the rise in CGT was “not as bad as expected” and that the lack of an increase in tax on dividends was another incentive for investors looking to take advantage of October’s sell-off.

Investors have shunned UK equities in recent years in favour of global shares — especially fast-growing stocks such as US technology companies.