According to data released by fund network Calastone on Thursday, British investors net sold stocks for the sixth consecutive month in November, setting the longest continuous sell-off record in history. The wave of sell-offs was intensified because the market feared that the British government would cut investment tax benefits in the much-publicized budget bill. The net outflow from equity funds in November was £3 billion, the second-largest monthly outflow in history, after October's outflow of £3.6 billion. Calastone added that the cumulative outflow of capital over the past six months had reached £10.4 billion.

According to data released by fund network Calastone on Thursday, British investors net sold stocks for the sixth consecutive month in November, setting the longest continuous sell-off record in history. The wave of sell-offs was intensified because the market feared that the British government would cut investment tax benefits in the much-publicized budget bill. The net outflow from equity funds in November was £3 billion, the second-largest monthly outflow in history, after October's outflow of £3.6 billion. Calastone added that the cumulative outflow of capital over the past six months had reached £10.4 billion.