Harry Stebbings says tax rules make Britain ‘a bad place to do business’ as he warns of entrepreneurs leaving
Tech entrepreneurs will leave the UK “en masse” if the chancellor announces a significant increase in capital gains tax at this month’s budget, according to a leading industry investor.
Harry Stebbings, a British podcaster turned investor who raised a $400m (£310m) fund this week, said the UK was “a bad place to do business” because of its tax environment.
More Stories
Walking with breaks might use more energy, but dogs can’t stand it
Sweden warns of heightened risk of Russian sabotage
Claude AI tool can now carry out jobs like filling forms and booking trips, says creator