GLOSSARY

Hang Seng Index

Hong Kong's stock market, consisting of the largest 33 companies in the province.

Hedging

An insurance policy designed to protect individuals or companies from major market movements. Hedging involves buying two investments that will move in opposite ways as markets move, leaving investors unaffected by major movements. Companies typically hedge against exchange rate movements.

Higher rate income tax

Once people earn over £29,400, they become liable to income tax at a higher rate. This is currently 40%.

small firms enterprise development initiative logo for small business development SFEDI endorsed web site
eXTReMe Tracker