‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (2024)

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (1) ‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (2)

JACK GILBERT, NEW MODEL ADVISER

Editor’s Picks

National advice firms 05 Mar, 2024

PE leaderboard: Debt dampens deals across 36 firms in 2023

Multi-asset 07 Mar, 2024

Royal London CEO reveals private assets push for £53bn Governed range

Budget 2024 07 Mar, 2024

IFAs will use extra £5k ISA (but it won’t help UK business)

Sjp 08 Mar, 2024

Fee refunds ‘should be borne by advisers’, says major SJP investor

Private Equity 08 Mar, 2024

PE house Pollen Street buys Mattioli Woods for £432m

Banks 08 Mar, 2024

Barclays to grow advice arm with planner hiring spree

advice firms 08 Mar, 2024

Podcast: The ‘huge flaw’ in FCA simplified advice proposals

Uk Equities 06 Mar, 2024

The chancellor's interest in a 'British ISA' lift the FTSE 250 to a year-to-date high on hopes of a boost for neglected domestic stocks.

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (3)

By Michelle McGagh, Gavin Lumsden

Twitter Facebook Linkedin WhatsApp >print comments

The FTSE 250 index jumped to a 2024 high after the chancellor’s consultation on a ‘British ISA’ raised hopes of a boost for neglected UK ‘mid-cap’ stocks.

The benchmark, which measures the moves of the 250 shares below the FTSE 100, advanced 1.3%, or 249 points, to19,521, ahead of the blue chip index which extended its gains to 0.6%, or 46 points higher, at7,692.

Real estate companies rallied afterchancellor Jeremy Hunt lowered the amount of capital gains tax on property sales to 24% from 28%.

To continue reading, register for a free Citywire account

By clicking Register you agree to our .
Our privacy policy is available to read at any time here.

To read this article please sign in

Don't have an account?

Twitter Facebook Linkedin WhatsApp >print comments

Related Investment Trusts

Mercantile Investment Trust (Ordinary Share)

Related Shares

Convatec Group PLC (CTEC) International Consolidated Airlines Group S.A. (IAG) London Stock Exchange Group PLC (LSEG) Premier Foods PLC (PFD) Tui AG (TUI) Land Securities Group PLC (LAND) Londonmetric Property PLC (LMP)

Show and add comments

Regulation 14 Mar, 2024 Story By John Schaffer

A warning on Terry Smith’s website about scammers pretending to be the fund manager has failed to prevent further bogus ads.

Sjp 15 Mar, 2024

SJP to premiere big-budget TV ad during England vs France Six Nations

By Alicja Hagopian, Jack Gilbert

People moves 15 Mar, 2024

Quilter planning head reunites with ex-colleagues at PE-backed firm

By Zachariah Sharif

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (4)

AI and Big Data 15 Mar, 2024

The AI Rising roundtable: How will AI change investing?

By Richard Lander

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (5)

community 15 Mar, 2024

Six Nations: Two IFAs’ predictions for the final weekend

By Aidan Banks-Broome

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (6)

Uk Equities 15 Mar, 2024

FTSE slips after US wholesale inflation rises faster than expected

By Michelle McGagh

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (7)

Platforms 15 Mar, 2024

Platform tech provider SEI puts 13 jobs at risk

By Victoria Bell

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (8)

More Top Stories

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (9) ‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (10)

JACK GILBERT, NEW MODEL ADVISER

Editor’s Picks

National advice firms 05 Mar, 2024

PE leaderboard: Debt dampens deals across 36 firms in 2023

Multi-asset 07 Mar, 2024

Royal London CEO reveals private assets push for £53bn Governed range

Budget 2024 07 Mar, 2024

IFAs will use extra £5k ISA (but it won’t help UK business)

Sjp 08 Mar, 2024

Fee refunds ‘should be borne by advisers’, says major SJP investor

Private Equity 08 Mar, 2024

PE house Pollen Street buys Mattioli Woods for £432m

Banks 08 Mar, 2024

Barclays to grow advice arm with planner hiring spree

advice firms 08 Mar, 2024

Podcast: The ‘huge flaw’ in FCA simplified advice proposals

Get the latest news in your inbox

By clicking Sign up you agree to our .
Our privacy policy is available to read at any time here.

Investments

Economics 15 Mar, 2024 Story By Nicola Blackburn

Central banks’ inflation forecasts are ‘pointless’, says LGIM multi-asset head

LGIM multi-asset fund head John Roe says firm prepares for range of inflation outcomes when making portfolio decisions.

Esg 14 Mar, 2024

Net Zero to B Corp: Do ESG commitments deliver on their promises?

Asset Allocation 14 Mar, 2024

JP Morgan AM CEO Gatch warns on Magnificent Seven

Outsourcing 13 Mar, 2024

‘Why check into the cheapest hotel?’: Top 100 IFA on outsourcing to Charles Stanley

Awards 13 Mar, 2024

The Adviser Choice Awards 2024 winners

Economics 13 Mar, 2024

UK economy returns to growth in January

Esg 13 Mar, 2024

The A-Level students taking on London asset managers’ sustainability claims

Read more

Advice

Tax 14 Mar, 2024 Story By Graeme Robb

Tax doctor: The keys to managing income investments in trusts

M&G senior technical manager Graeme Robb explores trustee investment opportunities for trusts with an income beneficiary.

Regulation 12 Mar, 2024

‘If you didn’t write it, it never happened’: How 3 IFAs evidence ongoing service

BSPS 11 Mar, 2024

FCA fines advice firm £900k for British Steel transfers

Budget 2024 07 Mar, 2024

IFAs will use extra £5k ISA (but it won’t help UK business)

Regulation 06 Mar, 2024

We can’t afford to offer simplified advice, IFAs tell Treasury committee chair

Pensions 05 Mar, 2024

Tax doctor: The risks of transitional 25% tax-free certificates

Pensions 04 Mar, 2024

State pension set to rise to £13k under triple lock - AJ Bell

Read more

Business

Platforms 15 Mar, 2024 Story By Victoria Bell

Platform tech provider SEI puts 13 jobs at risk

Exclusive: SEI had 291 UK employees in 2022, meaning the potential job cuts will affect about 5% of its staff.

People moves 11 Mar, 2024

IFA network ValidPath poaches Tenet business development manager

National advice firms 11 Mar, 2024

Kingswood overhauls advice fees with new 0.75% charge

Banks 08 Mar, 2024

Barclays to grow advice arm with planner hiring spree

platform 05 Mar, 2024

Technology 05 Mar, 2024

Dynamic Planner launches white-label financial planning app

National advice firms 05 Mar, 2024

PE leaderboard: Debt dampens deals across 36 firms in 2023

Read more

Podcast

podcast 14 Mar, 2024 Story By Nicola Blackburn, Zachariah Sharif

‘Predictable but disappointing’: Top 100 IFA’s Budget recap

Director of Suffolk advice firm Matthew Douglas joins The Advice Show to discuss the key takeaways from the Budget.

podcast 29 Feb, 2024

Podcast: The IFA whose advice led to a monkey’s mountain rescue

Podcasts 21 Feb, 2024

Advisers will have more choice in platforms in five years, says Fundscape CEO

podcast 08 Feb, 2024

Podcast: The ‘jaw-dropping’ errors that put IFA client data at risk

podcast 31 Jan, 2024

Podcast: Abrdn’s £1.5bn outflow and the £1.3bn Sipp nightmare

Podcasts 22 Jan, 2024

Podcast: Beware the consolidators that want to pay you more

Fees 15 Jan, 2024

Finova Money co-founders: How we set up an advice firm from scratch

Read more

Specials

In Focus Mar, 2024

Equity investors have never had so many strategies at their disposal

In Focus Nov, 2023

COP28: The moment of truth

Outsourcing Oct, 2023

All-weather partnerships

Discover all publications

Fix The Future

AI and Big Data

The AI Rising roundtable: How will AI change investing?

Momentum

Profit from the AI ecosystem with these 14 smart-money picks

Momentum

Five astonishing graphs that show why the smart money is backing AI

More Fix The Future

‘BritISA’ and real estate hopes push ‘mid-cap’ FTSE 250 to 2024 high (2024)
Top Articles
Latest Posts
Article information

Author: Twana Towne Ret

Last Updated:

Views: 5839

Rating: 4.3 / 5 (44 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Twana Towne Ret

Birthday: 1994-03-19

Address: Apt. 990 97439 Corwin Motorway, Port Eliseoburgh, NM 99144-2618

Phone: +5958753152963

Job: National Specialist

Hobby: Kayaking, Photography, Skydiving, Embroidery, Leather crafting, Orienteering, Cooking

Introduction: My name is Twana Towne Ret, I am a famous, talented, joyous, perfect, powerful, inquisitive, lovely person who loves writing and wants to share my knowledge and understanding with you.