Britons get tax breaks for investing in the London stock market as part of their election budget

Britons will benefit from a tax break to encourage investment in London’s stock market, the British government said as it sets out a spring budget that also cuts workers’ taxes, as the Conservative Party seeks to boost its election hopes.

Chancellor of the Exchequer Jeremy Hunt told a packed Parliament on Wednesday that new British individual savings accounts would allow an extra £5,000 in tax-free investments in UK shares. The rules currently allow investors to put £20,000 a year into accounts, which are exempt from…