A new study has revealed there is burgeoning interest in the UK’s Enterprise Investment Scheme (EIS).
The survey of 2,000 consumers and investors suggests that almost a third of people would consider making an investment through EIS in the course of the next 12 months.
The greatest level of interest was among those aged 18 to 34 (38 per cent) and people living in London (45 per cent.)
It is thought that the decision by the Bank of England to cut interest rates to an unprecedented low has led to a growing number of people re-evaluating their financial strategy and considering new options.
That said, the fact that more than four in ten admitted that they didn’t know enough about EIS to make a decision suggests that there is still significant work to be done in raising awareness about how the programme works – despite the fact it was introduced more than 20 years ago.