How to Invest for a UK Turnaround
Going from “worst” to just “averagely bad” can make all the difference to markets.
OK, the discounts aren’t quite this big, but UK stocks are still cheap.
Photographer: Chris J. Ratcliffe/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
“Will no one think of the tax accountants, lawyers, forestry experts and small-cap stock pickers?” Merryn's new column looks at how Rishi Sunak could replace inheritance tax (IHT) with a fairer, more efficient tax - with the added bonus of sweeping away the behavioural and market distortions caused by the UK's IHT avoidance industry. This is a must read - particularly if you’re an Aim investor.