United Kingdom
Investment | 9 Jun 17
Sterling drops, markets composed after UK election surprise
The universally acknowledged poor decision by UK prime minister Theresa May to call a snap election and then alienate her core voting base, resulting in a hung parliament, initially dented sterling by around 2% but has had little real impact on the stock market.
Investment | 9 Jun 17
Investors see value in FTSE 250 after election surprise
While investors aren’t finding as many buying opportunities after the general election, they are eyeing up the FTSE 250 stocks.
Tax & Regulation | 9 Jun 17
UK hung parliament ushers in uncertainty over Finance Bill
Financial advisers in the UK are facing an unprecedented period of uncertainty as Britain woke up to a hung parliament on Friday, casting doubts over the future of key tax policies dropped from the Finance Bill in the run up to the snap election.
United Kingdom | 9 Jun 17
UK election ends in hung parliament: market volatility seen
Sterling has taken a hit and yields on 10-year gilts initially dipped, but the main FTSE stock index edged higher, recouping early losses, as the UK woke up to anything but a ‘strong and stable’ government.
Tax & Regulation | 8 Jun 17
‘Questions need to be asked’ about the Rops list suspension
HM Revenue & Customs’ list of recognised overseas pension schemes (Rops) may be back, but the delay in issuing it has to be carefully analysed, says Montfort International managing director Geraint Davies.