FTSE smashes 8,000 as Isa investors buy British again – now were set to beat the US, too | Personal Finance | Finance [Video]

Expert Victoria Scholar on difference between saving and investing

London’s blue-chip index has underperformed global rivals for years. It has been overshadowed by the rampant returns from US technology stocks, but that has left UK shares looking fantastic value as companies like Apple and Nvidia are starting to look expensive.

Global investors have taken note with US private equity firms snapping up under-priced British companies, but now domestic investors are buying British again, as this year’s stocks and shares Isa deadline looms.

Chancellor Jeremy Hunt has been looking to create a British Isa to encourage domestic investors to invest in UK stocks, but now they are doing it anyway.

The number of UK investors buying British stocks has jumped 10 per cent in the last three months as they sniff a buying opportunity, according to research from trading and investment platform eToro.

Its global markets strategist Ben Laidlaw said the UK stock market is finally coming back in from the cold, and …