UK small-cap stocks face ‘existential threat’, report warns

Quick Summary:

Abrdn said it wanted the Mansion House compact, in which major pension funds made a voluntary pledge to put more money into private markets, broadened to include listed small-cap stocks in the UK.

London’s junior Aim market is exempt from stamp duty, but Abrdn said this exemption should be extended for all companies — or at least all of the companies outside of the largest 100.

The fund group said measures should be brought in to protect and support small and midsized listed companies in the UK, including “immediately abolishing” stamp duty on the purchase of FTSE 250 shares.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Emma Dunkley

Category: MarketsFinanceInvesting

Markets: United States

Topics: Cent Financial Abrdn Stocks Duty Stamp Smaller Market Pension Companies Report

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 08:45:27 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 762 words

Reading Time: 5 minutes read

Sentences: 15 lines

Sentence Length: 51 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23100290

View Article Analysis

About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions