Anticipation of the U.K.’s upcoming budget has set off a frenzy—and not the good kind. Small businesses fear their growth will be impeded, while founders scramble to sell their startups before new taxes kick in as part of Chancellor of the Exchequer Rachel Reeves’ plans.
Those fears are prompting other businesses to consider taking other dramatic steps. Businesses collectively generating £2.6 billion in revenues are considering fleeing the country, the Telegraph reported, citing a survey of 500 company founders employing 22,000 people by Startup Coalition.
