Treasury rejects Woodford-backed Patient Capital ISA idea

Would lack 'sufficient impact'

Laura Dew
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Patient Capital investment trust manager Neil Woodford
Image:

Patient Capital investment trust manager Neil Woodford

The Treasury has dismissed the idea of launching a Patient Capital ISA, an initiative backed by manager Neil Woodford.

Speaking earlier this year, Woodford (pictured), who runs the £859m Patient Capital investment trust, said there was evidence to suggest many mass-affluent investors would invest in early-stage businesses...

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