UK Finance proposes startups return government subsidies for foreign listings or moving headquarters.

UK Finance proposes that startups should return government subsidies and tax breaks if they list abroad or move their offices outside the UK. The trade body believes early-stage companies should receive increased state support, but there should be a "two-way commitment." Critics argue that the proposal is a "dumb and dangerous" idea and that it highlights the UK's struggles with companies choosing to list in the US instead of London.

July 04, 2024
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