
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.