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VCT funding jumps 34 per cent

Venture Capital Trust funding has jumped by more than a third in the past year, boosted by Chancellor Philip Hammond’s changes to the sector in the 2017 Budget, new figures show. The Association of Investment Companies says the amount raised by the sector went up 34 per cent to £728m in the 2017/18 tax year […]

Chris Budd
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Bristol IFA sells firm as staff set to share in profits

Ovation Finance founder Chris Budd has sold his firm, opting for a model that allows staff to control the business without owning shares. Shares in the company are being sold to an employee ownership trust. As Budd explains in an Adviser Lounge article, the trust doesn’t currently have any money because it is newly established […]

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