Investment Association Calls for Axe Shares Tax Cut to Revive London Stock Market
Wednesday, 5 June 2024, 21:01
Investment Association Urges Tax Cut on Axe Shares
The chief executive of the Investment Association, Chris Cummings, has suggested implementing a tax cut on axe shares to enhance the appeal of UK equities. This proposed strategy aims to stimulate growth in the ailing London stock market and attract more investors to domestic stocks. The investment industry is hopeful that reducing taxes on axe shares will have a positive impact on market performance and trading volumes, ultimately benefiting the UK economy.
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