Great! A shake up of the rules to ensure that the City of London remains one of the world’s leading stockmarkets. Encouraging entrepreneurs and giving investors more great wealth creating opportunities. Alternative view: You’ll be able to float your business and only give up a 10% share. So you can pocket some cash, keep control, and pay yourself as much as you want. And nothing your new shareholders can do about it. Nice work if you can get it.
“John Lewis looks to tap into DIY investing boom with Nutmeg partnership”
M&S sold ISAs and pensions for while in the ‘90s. Richard Branson had a go. Halifax and the Pru made millionaires of quite a few estate agents when they bought them out, thinking it would be an easy way to flog mortgages and endowments. John Lewis has seen that...
