UK Budget: Did it really boost retail investment? 📈🤔

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and the chancellor has said she wants to
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encourage this retail investor
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revolution. What from the announcements
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today do you think could could see her
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injured a little bit closer to that
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vision.
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Very positive that they are posing that
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three-year stamp duty on new listings. I
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think we think that actually that will
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definitely increase capital market
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participation. Um obviously increase
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liquidity, new shares being offered on
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on the London Stock Exchange and
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therefore positive for retail activity
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from our side as well. the fact that
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they're limiting the the cash um ISA
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allowance to 12,000 coming from 20,000.
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I think that's more mixed. We don't know
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whether that 8,000 will necessarily go
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into um stock um ISAs. I I think that
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there are other things that needs to
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happen before we see that such as the
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regulatory landscape being uh more, you
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know, favorable for investing in the UK
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in general. Um and obviously for for UK
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income stocks, I think the the budget is
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more again mixed because of the fact
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that obviously um consumer spending will
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come under pressure. They are now taxing
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uh property as well. Um so that that
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side of the equation is more mixed. So,
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it's a mixed picture overall for retail,
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but we do uh welcome the fact that they
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are um they are freezing that uh stamp
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duty for newly listed shares on the
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London Stock Exchange.

UK Budget: Did it really boost retail investment? 📈🤔

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UK Budget: Did it really boost retail investment? 📈🤔

City AM