Archive for October 2017

Stock markets rise in Q3

Stock markets rise in the third quarter of 2017

Stock markets rise against the grain in Q3 The third quarter of 2017 has ended and despite the heavy political news, investment returns were generally positive. Index Change 30 June – 29 September FTSE 100 +0.8% FTSE All-Share +1.2% Dow Jones Industrial +4.9% Standard & Poor’s 500  +4.0% Nikkei 225 +7.7% Euro Stoxx 50 (€)…

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Changes ahead for venture capital schemes?

Changes ahead for venture capital schemes?

A consultation paper issued in August could mean changes to venture capital schemes. At the start of the holiday season the Treasury issued an open consultation paper entitled “Financing growth in innovative firms”. Its focus was on what has become known as ‘patient capital’, which the Treasury defined as “long-term investment in innovative firms led…

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Taking the medicine – gearing up for the Autumn Budget

The Chancellor has announced the date of his first Autumn Budget as Wednesday 22 November. The second Budget of 2017 will be both Mr Hammond’s first Autumn Budget and the first Budget after the general election. Traditionally, the first Budget of a new parliament is the chance for a Chancellor to administer the “medicine” of…

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Cash ISAs losing favour

The appeal of the Cash Isa is falling

New statistics from HM Revenue & Customs (HMRC) show that cash withdrawals from individual savings accounts (ISAs) are probably more than matching fresh contributions. In the world of ISAs, cash ISAs have long attracted more contributions than their stocks and shares counterpart. However, the pattern has started to change, as the graph below shows. Source:…

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Markets look to an early interest rate rise

The Bank of England says that an interest rate rise is on the way.

The Bank of England has signalled that there may soon be an interest rate rise. Early in September, the money markets were expecting the first Bank of England interest rate rise to occur in late 2018, at the earliest. A little more than a week later, the markets’ view was that there was a near…

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