Number of ‘ISA millionaires’ drops by a quarter after year of stock market volatility

There are 520 fewer “Isa millionaires” – these with not less than a million kilos invested of their ISA wrappers- following a interval of world stock market volatility, figures present. HM Revenue and Customs (HMRC) revealed the dip following a Freedom of Information (FOI) request by InvestingReviews.co.uk. Figures from the income physique confirmed millionaire numbers […]

Funds hit by £4.5 billion in outflows amidst ‘intensifying economic uncertainty’

UK savers took £4.5bn out of funding funds in June, the best month-to-month outflow of the yr to date and the second highest on document, in line with new analysis. Analysts from the Investment Association (IA), who checked out market knowledge, mentioned this was the results of “intensifying economic uncertainty” following a difficult first half […]