Revolut: US investor tried to scoop up cheap shares with Budget tax warning Fintech A US private equity firm tried to leverage fears of a capital gains tax raid in the Budget as it sought to grow its Revolut stake at a heavy discount, City AM can reveal, in a move foiled by the City regulator.
Autumn Budget: Company directors race to dump shares ahead of tax raid Money Fresh analysis has found company directors of listed companies are racing to sell shares ahead of a widely anticipated capital gains tax raid in next week’s Autumn Budget. Between 1 September and 22 October, the value of sell and buy transactions in directors of UK-listed companies in their own firm’s shares was £345.5m and £63m [...]
How might the Autumn Budget affect the housing market? Business The property market is, finally, doing well. In September, a closely-watched survey of estate agents found that sentiment in the market turned positive for the first time in two years. Market sentiment has improved as mortgage rates have started to fall. House prices have ticked up to their highest level in more than two years. [...]