Premier Miton Investors plc (LON:PMI) Head of Equities and Fund Manager of the Diverse Income Trust plc (LON:DIVI) Gervais Williams joins DirectorsTalk to discuss current events and the effects on smallcaps. With the Chancellor’s Spring budget increasing the rate of Corporation Tax paid on company profits over £250,000 to 25% from 2023. Gervais shares his thoughts on whether the government should be doing more to get behind smaller companies that are entrepreneurial and driving innovation and future employment. With key changes made to the UK listing regime. Will it have the desired effect of making the UK more attractive for listings, and as 10 year US government bond prices fall this week increasing the yield from 1 to 1.5% percent and sending jitters through the stock market, Gervais discusses whether investors need to worry.
“The UK is a ‘backwater’ of global markets”, but will a world of higher inflation and rates dramatically change its fortunes for the better?
21st April 2023
When Nick Train recently said the UK was a ‘backwater’ of global markets, he was merely expressing a long-held belief among investors. The star fund manager, who has previously argued British company shares have untapped value
