Old Mutual Global Investors fund manager Richard Buxton has backed Neil Woodford's criticisms of a government decision to cut the tax exemption for renewable energy companies, warning it could render the utilities sector "uninvestable".
Woodford criticised HM Treasury for "back-pedalling" on a decision to support renewable energy companies. The changes announced in the summer Budget on 8 July will see the tax exemption for renewable...
Fund managers see 'signs of a tentative recovery'
Timing market "invariably pure luck"
Active funds took 'brunt of selling' during the month
400p per share
UK goes to the polls on 12 December
Corporate Chartered status
Seneca Global Income & Growth Trust first to be included
Equivalent of £980,000 a day
'It is human nature'