Stockmark.IT - Global News Affecting Stock Markets and Investments

London skyline featuring skyscrapers like the Gherkin and The Shard. A £500m property trust listing boost for the City is implied. from Stockmark.it

St James Place to Wind Down £2 Billion Pounds of Property Funds as Market Challenges Mount

Britain’s largest wealth manager, St James’s Place (SJP), has announced plans to liquidate £1.84 billion worth of commercial property funds, marking a significant retreat from the real estate sector amidst

British Airways aircraft tails; Non-Dom tax changes. from Stockmark.it

Tax1 year ago

Wealthy Non Doms Rush to Exit UK Before April 2025 Tax Changes

A significant exodus of wealthy individuals is underway as non-domiciled residents prepare to leave the UK before April, responding to the recent Budget changes regarding inheritance tax rules. Tax specialists

Snowy residential street scene in winter. from Stockmark.it

Tax1 year ago

UK Wealth Management Leaders Challenge Reeves Pension Inheritance Tax Reform

Leading UK wealth managers have issued stark warnings to Chancellor Rachel Reeves regarding her proposed plan to subject pensions to inheritance tax, describing it as a measure that could severely

Markets1 year ago

UBS Reports Significantly Higher Than Expected Profits

UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading division’s better performance amid heightened market volatility and strategic cost-cutting measures.