British Investors Pull Record £10B from Global Markets

British investors have withdrawn a record £10 billion from global stock markets over the past six months, marking the longest and most severe selling period ever recorded. This trend, driven by political uncertainty and fears of tax changes, has seen UK-focused equity funds struggle, with only one month of inflows in the last fifty-five. However, on Budget day, withdrawals ceased, and cash flowed back into stocks, potentially signaling a shift as investors may now aim to maximize pension contributions before new rules take effect.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.