Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon Hunt

Employee share schemes reach record high despite downbeat retail investor mood

The Nasdaq-100 index of top US technology companies has already dropped 27% since the start of the year.

(Picture: PA)

The number of companies with employee share schemes has reached a record high despite dwindling enthusiasm by retail investors to trade in stocks and shares.

There are now over 16,000 share schemes registered in the UK, a jump of almost 1,000 on 2021 according to data from HMRC, as listed firms turn to the tax-advantaged schemes to incentivise employees as an alternative to cash bonuses and pay rises.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.