Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • Dementia Advocate Shares Tips For Supporting People With Dementia When Flying
  • SME Today talks to Sa’ed Anabtawi, Product Director, WOLF
  • The Truth Behind ‘Sickies’
  • Five ways to monetise your business EV chargers
  • New book on conquering fear of public speaking
  • 1 in 3 employees anxious about lack of first aiders at work
  • What SMEs risk when their IT provider gets bought out
  • Back to Work: Keeping your employees happy after their holiday high 
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»Finance»Investors divided over what to make of Reeves’ Budget

Investors divided over what to make of Reeves’ Budget

0
Posted By sme-admin on November 21, 2024 Finance, News

The Autumn Statement has been met with a mixed reception by self-directed investors – dubbed DIY investors, in that they actively choose their own investments – according to new research from the wealth manager, Charles Stanley. The highly anticipated Budget, which saw the Government take measures to raise tax and increase spending, succeeded in not causing market panic at the outset, though the longer-term effects of the changes to the UK economy remain to be seen.

When asked whether they believe the announcements in the Budget will help UK investors in the long-run, respondents were almost split down the middle, with 38% of investors believing it will, and 41% believing it won’t.  Slightly more investors said they would increase their asset exposure to the UK as a result of the Budget than would decrease their exposure: 29% to 25%.

The research also reveals that the Budget has already changed investor behaviour. Almost two-fifths (38%) of DIY investors say that they have already made specific stock picks that they believe will benefit from the Budget. Tellingly, a third (32%) of investors say they have accelerated their plans to move their wealth abroad as a result of the budget. A further third (33%) say that the Budget has made them more interested in investing in the AIM market.

Regardless of its impact, the UK’s DIY investor community has a close eye on the Budget. Almost two thirds (63%) monitored it closely. However, 26% don’t understand the changes made, and a further 13% weren’t sure – 61% did.

True False
I closely monitored the Budget 63% 25%
I understand the changes the Chancellor made in the Budget 61% 26%
As a result of the Budget I’m increasing my asset exposure to the UK 29% 52%
As a result of the Budget I’m decreasing my asset exposure to the UK 25% 56%
The Budget has made me more sceptical of the AIM market 40% 38%
The Budget has made me more interested in investing in the AIM market 33% 46%
I’ve accelerated my plans to move my wealth abroad as a result of the Budget 32% 50%
I’ve hired / am hiring a financial adviser to help me manage my money as a result of the Budget 26% 57%
I regret financial decisions that I made pre-Budget based on speculation 22% 61%
I have made specific stock picks that I believe will benefit from the Budget (e.g. infrastructure, housebuilding) 38% 44%
I believe the announcements in the Budget will help UK investors in the long-run 38% 41%

Rob Morgan, Chief Investment Analyst at Charles Stanley Direct, comments: “DIY investors make up an important – and growing – cohort of the UK’s investment community, and gauging their reaction to the Autumn Statement gives valuable insight into its reception by those who have a direct stake in the country’s economic success. Our research paints a picture of doubt: while many investors’ confidence in the country remains intact, a larger proportion are less ebullient, and this could have a knock on effect on the value of UK equities.

“The longer-term effects of the Budget on the economy will become clearer with time; as always, we advise investors to stick to the principle of investing for the long-term, with a diversified portfolio, and to seek professional advice before making major financial decisions.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Dementia Advocate Shares Tips For Supporting People With Dementia When Flying

Five ways to monetise your business EV chargers

Are you flying blind on your most important business decisions?

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting

The Newsletter

Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

Sign Up
Personal Pension offer
Events Calendar
    • Marketing
    August 29, 2025

    OneMetric forms strategic partnership with RevOps expert to drive UK growth

    August 28, 2025

    The Seven Phases of Festive Shopping and How to Target within Each Effectively

    • Finance
    September 3, 2025

    Five ways to monetise your business EV chargers

    September 1, 2025

    Are you flying blind on your most important business decisions?

    • People
    August 14, 2025

    A Life Worth Saving – A Tribute to Dame Stephanie Shirley CH, 1933–2025

    August 12, 2025

    Finance Director Returns As Judge For National Business Awards

    • Health & Safety
    September 2, 2025

    1 in 3 employees anxious about lack of first aiders at work

    July 1, 2025

    Temperatures Soaring: Is Your Workplace Becoming Unsafe?

    • Events
    July 22, 2025

    South West Expo Delivers Outstanding Event at Swindon’s STEAM Museum

    July 4, 2025

    £20k grant for female-founded SME up for grabs

    • Community
    July 11, 2025

    Building community, one cause at a time

    June 23, 2025

    Celebrating One Year In Fairford Supporting The Community

    • Food & Drink
    August 22, 2025

    How to get stocked by major retailers as an SME

    July 18, 2025

    Warning to Small Businesses Over New Food Waste Regulations

    • Books
    September 3, 2025

    New book on conquering fear of public speaking

    August 7, 2025

    Learning to Leave a Legacy in Business

    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • People
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.