130 money managers, including Sir Douglas Flint, urge Chancellor Jeremy Hunt to scrap EU rules costing Britain £7bn annually in lost investments.
City bosses, including Sir Douglas Flint, have penned a letter to Chancellor Jeremy Hunt, urging him to scrap EU rules harming savers. These rules, they argue, cost Britain £7bn per year in lost investments that could fund green energy, infrastructure, and housing. The letter, signed by over 130 money managers, highlights the negative impact of these EU regulations post-Brexit on British investment trusts.
March 16, 2024
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