VCT market waiting for Treasury decisions

The bear market coupled with a focus on unquoted companies has made life difficult for both providers and investors in recent years, he admits, but changes are on the way that should boost sales, which have only hit about £30m across the industry this fiscal year, according to Quester figures. Plans put on hold across the industry would not be unleashed immediately following the chancellor’s statements today, but new product launches could be flowing through by the first half of 2005, Spooner says. However, if Gordon Brown does pull the correct levers, this year’s £30m figure could be...