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International Business Times UK
International Business Times UK
Andrea Trinidad

Reeves Under Fire as Directors Flee Britain and Small Firms Struggle With Soaring Costs

Chancellor Rachel Reeves faces pressure as director exodus and costs rise (Credit: AFP News)

Britain is facing a two-speed business collapse as thousands of company directors move their operations abroad while small firms at home warn they are being crushed by soaring energy bills, rising taxes and an increasingly hostile economic climate.

With Chancellor Rachel Reeves preparing to deliver what critics have called a 'doomsday' Budget, pressure is mounting from entrepreneurs at every level who say the UK has become one of the least attractive places in Europe to build or expand a business.

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