United Kingdom
Tax & Regulation | 9 Jun 17
Int’l IFAs expect ‘softer Brexit’ as British PM clings to power
As Britain adjusts to the news that prime minister Theresa May will form a minority government backed by Northern Ireland’s Democratic Unionists, advisers around the world expect that the UK’s shocking hung parliament result will lead to a “softer Brexit” approach.
Tax & Regulation | 9 Jun 17
May’s ‘moment of madness’ dementia tax backfires in UK election
The UK Conservative Party’s pledge to introduce a so-called ‘dementia tax’ could have cost prime minister Theresa May a clear majority in the UK general election, say UK advisers, as Britain now faces the prospect of a Conservative government backed by Northern Ireland Unionists.
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.