Winterflood featured in The Chartered Institute for Securities & Investment article: ‘Could smaller listed companies hold the key to economic growth?’

Winterflood is featured in The Chartered Institute for Securities & Investment article: ‘Could smaller listed companies hold the key to economic growth?’. The article discusses the decline in demand for UK equities particularly affecting small and mid-cap companies. Reports from New Financial and the Capital Markets Industry Taskforce (CMIT) highlight the withdrawal of pension fund investments from UK stocks as a major issue. 

Matt Wilkinson, Director and Head of Trading at Winterflood acknowledges that issues like the withdrawal of pension funds and stamp study on share trades have negatively impacted UK small and mid-cap companies. While highlighting that the budget’s increase in employers’ National Insurance rates hurt short-term business confidence, especially affecting smaller companies, which are major employers. He agrees that pension funds need to reinvest in UK equities and suggests that incentivisation could help, but mandatory minimum allocations may also be necessary. Matt supports removing stamp duty on share purchases, particularly for companies outside the FTSE 100, as a more effective and lower-cost way to boost investment.

If you would like to discuss the article or topic in more detail, please contact: Matt Wilkinson, Director & Head of Trading at Winterflood Securities.