The government has said it has no intention of allowing Alternative Investment Market (AIM) shares to be held in ISAs.
The previous government had considered allowing AIM shares within ISAs, arguing this could help support small and growing businesses that are typically listed in the market. In a written question to the Treasury, Jake Berry, Conservative MP for Rossendale and Darwen, asked if the government planned to bring forward proposals to allow AIM shares to be held in ISAs. In response, Mark Hoban, financial secretary to the Treasury, said: "The government believe that ISAs are a trusted brand, and that it is important that this is maintained. The government also believe that ISAs should be mai...
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