Panicked DIY investors are selling their shares to help get them through the cost-of-living crisis, according to latest research from Equiniti (EQ).
The Shareholder Voice Report found that almost half (44%) of UK shareholders surveyed have cashed in their stocks in response to rising inflation and household bills. Meanwhile, 46% of men said they would consider taking this route, while women were less inclined, with a slightly lower 41%. Investors aged 18 to 40 were also more likely to sell their shares than those aged 41 to 75. UK retail sales slump more sharply than expected in August This comes as the cost-of-living crisis has reached unbearable levels for many as a result of labour shortages, increased taxes and soaring ener...
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