Chelsea’s mini-manifesto to boost Britain's markets
29 May 2024 — In the last decade, the UK’s economy and
its stock market have been tarnished by a faltering economy
and volatile politics. The economy has lost £140bn since
Brexit*, global allocators have taken flight from the UK
market, and London’s status as the global financial hub
has been undermined.
Spring Budget 2024: UK ISA announced
8 March 2024 — Facing an upcoming election and a fragile
UK economic climate, the Chancellor of the Exchequer was
challenged with crafting a Spring Budget that balanced voter
appeal with a perception of responsible fiscal management.
Therefore, while the tax landscape is set to be altered
significantly, the government took no chances with a budget
that is expected to do little to change the fundamental
economic picture.
The list of tax reforms started with a further 2p cut to
National Insurance contributions, marking one of the largest
individual tax reductions in UK history. Additionally, the
non-domiciled resident “non-dom” tax regime is to be
replaced with a new system, while adjustments to the child
benefit system will see the High-Income Child Benefit Charge
threshold lifted.
Alex Savvides announced as replacement on Jupiter UK Special Situations
12 January 2024 — It was announced that Ben Whitmore,
manager of Jupiter UK Special Situations fund, will be
leaving to pursue his own venture. Jupiter have named Alex
Savvides as his successor on the flagship fund. Alex has
spent his entire investment career at JO Hambro Capital
Management (JOHCM), managing the £1.2bn JOHCM UK Dynamic
fund.
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