Rachel Reeves's anticipated inheritance tax changes have sparked a significant sell-off in UK stocks, as investors withdraw funds from small companies amid budget uncertainty.
The situation reflects growing apprehension among investors regarding potential tax implications, as evidenced by the dramatic shift from £80m withdrawals in August to nearly £300m last month.
With fears about future IHT exemptions looming, expert opinions indicate liquidity issues and a general market hesitation, pushing share prices down markedly.
Heeding the anxiety surrounding possible adjustments to inheritance tax, financial advisers are reporting increased nervousness from clients, leading to more frequent fund redemptions.
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