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The rise applies between 1 January 2027 and 31 March 2028. The OBR expects it to raise GBP 1.5bn in total over those 15 months, not per year. Tax on savings and property income also goes up.
Hedge funds, sovereign wealth funds, endowments and corporate strategic investors joined roughly 30% of US venture deals in 2025, deals that made up 83% of all investment, NVCA says.
Japanese banks' loans to and investment in foreign non-banks hit 126 trillion yen at end-June 2026, from 8 trillion yen in March 2008. The test adds losses on loans to foreign private credit funds.