‘Mascots don’t move markets’: City grandee pours cold water on retail investment drive Investing The government’s industry-backed investing campaign will fail to usher in a new wave of retail investment unless ministers also promise to scrap the UK’s “hard to defend” tax regime on shares, the boss of a top investment bank has warned. Writing in Morning Wire, Peel Hunt chief executive Steven Fine said that the record haul [...]
Mel Stride vows ‘Big Bang’ as he targets careful City Politics Shadow Chancellor Sir Mel Stride is set to promise a new “Big Bang” on City regulation in a speech at a Conservative conference this weekend harking back to Margaret Thatcher’s financial reforms. Stride is set to decry the lack of risk-taking across the UK economy and suggest regulation has been a “vast yoke” on businesses. [...]
On this day: Big Bang hits the Square Mile Opinion On this day, 27 October 1986: Big Bang hits the Square Mile, and changes the City forever. Eliot Wilson takes us through it.