Market Analysis
Explainer: Will the British Isa revive the FTSE - and could it work for the Irish market?
Chancellor Jeremy Hunt introduced an extra £5,000 tax break for investors to put cash in UK equities
The exodus from the FTSE ramped up again this week and the if Wednesday’s budget is anything to go by - the UK government is clearly feeling the pressure.
Announcing measures to push more cash into the British market, Jeremy Hunt, the UK chancellor, pronounced: “Today following calls from over 200 representatives of the city and our high growth sectors I will reform the ISA system to encourage more people to invest in UK assets.”