The Budget Report-Investment Management March 2010
The Budget report, released on Wednesday, follows a difficult economic year and precedes the forthcoming General Election. It combined the need for the Government to take action to promote long term growth and support business, while adopting measures that are likely to be politically attractive.
The Budget also included some measures that the UK fund industry had been specifically lobbying for, with a view to maintaining the UK’s competitiveness as a location for collective investment vehicles.
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