REPORT: In case you missed it, we thought you might be interested in a recent report commissioned by the London Stock Exchange that looked at the economic impact of AIM.

Amongst other findings, the report found that in 2023, AIM companies contributed £35.7 billion gross value added to UK GDP.

These findings highlight the potential for AIM to make a valuable contribution to the Labour Government’s mission to support the economy. However, the report emphasises that if AIM is to play a part in this, the Government needs to ensure that the comprehensive and well-calibrated package of fiscal incentives and reliefs are maintained.

The Economic Impact of AIM report was commissioned by the London Stock Exchange and written by Grant Thornton UK LLP. It highlights the significant contributions of AIM companies to the UK economy. Despite challenges such as the COVID-19 pandemic, AIM has continued to support business growth by providing access to capital for smaller, ambitious companies. Since its inception in 1995, AIM has supported over 4,000 companies, raising a total of £135 billion.

The report emphasizes AIM’s role in fostering a diverse and resilient business environment. It notes that 83% of new admissions since 2015 have been UK-incorporated companies.

AIM’s contribution to the UK economy is substantial, with the market enabling companies to achieve significant growth and development. The report also compares the latest data (2023) with pre-COVID figures (2019), providing a comprehensive view of AIM’s performance and resilience.

Overall, AIM continues to play a crucial role in supporting the UK economy by facilitating business growth, providing investor opportunities, and contributing to economic stability and diversity. The comprehensive and well-calibrated package of fiscal incentives and reliefs play a key role in spurring these achievements on.

FIND OUT MORE
To find out more about the benefits of AIM, please speak to our Business Development Manager, Jonathan Bramall, via email [email protected] or phone 01923 713 894.

Recent research has provided compelling evidence that within each tax year, early ISA (Individual Savings Account) investors significantly outperform those who invest in their ISA later in the tax year.

THE POWER OF DAY ONE INVESTMENTS
New data is clear; early investments in ISAs significantly outperform according to recent research from Hargreaves Lansdown. The research looked at a decade of investing clearly showed, individuals who maximised their ISA allowance on the first day of the tax year every year have seen their investments soar to a superb £360,500.

PROCRASTINATION COSTS RETURNS
In contrast, those who waited to invest until the last day of the tax year, accumulated a lesser £322,500. The substantial difference, highlighting the cost of delay.

TIMING MATTERS
The conclusion from the research was unequivocal: timing matters. By investing early, you’re putting your money to work sooner, capitalising on a full year’s worth of potential growth. As we embark into the new tax year, let’s keep this lesson in mind and wherever possible be the early birds of the ISA world.

HOW HAS THE MARKET BEEN?
With the research in mind, it is also a good time to review what the market did in the 1st Quarter of 2024. Join us for our next free webinar on Wednesday 24th April at 3pm “Q1 REVIEW – WHAT HAPPENED TO AIM?” Click here to register. The webinar is CPD eligible. Submit your questions to [email protected]

THE PROFESSIONAL INVESTOR PODCAST – EPISODE 2
In Episode 2 of The Professional Investor Podcast; Fundamental Asset Management’s Chris Boxall explains how a professional investor constructs an investment portfolio (which could be held in an ISA). Listen to it here or subscribe wherever you get your podcasts so you don’t miss a future episode.

FIND OUT MORE
To find out more about the benefits of AIM, please speak to our Business Development Manager, Jonathan Bramall, via email [email protected] or phone 01923 713 894.