Businesses continue to vote with their feet and shut up shop, a trend that shows no signs of slowing down, even before the budget is unveiled. So far this month, over 1,600 members’ voluntary liquidations have been recorded, according to filings with The Gazette. More than double the level for the whole of October last year. Business owners are heading for the hills, taking UK job prospects with them…
The uptick in liquidations has been blamed on Reeves’ looming capital gains tax hike and expected cuts to business asset disposal relief. Keeping capital and business in Labour’s Britain is far from attractive – and this is before any tax hikes have been formally announced. Imagine the exodus after Halloween…
Sarah Pochin at Reform Scotland’s manifesto launch event: “I really wanted to come on in a Reform tartan burka, but apparently I wasn’t allowed… One day let’s do one of these events not live-streamed. We’ll do all the naughty stuff…”
