US companies and investors have expressed concerns about rising costs in the UK under a potential Labour government. The Labour Party, led by Keir Starmer, has declined to rule out an increase in capital gains tax if it wins the upcoming general election. This stance has sparked warnings that such a tax hike could deter investment and push entrepreneurs to sell their businesses. Business leaders have warned of a 'populist trap,' and critics see this as a threat to economic growth. The Financial Times reported that the Liberal Democrats have also pledged to increase the capital gains tax levy, further stoking investment fears.
π¬π§ Labour's Reluctance To Rule Out Capital Gains Tax Rise Stokes Investment Fears β«Business warns of 'populist trap' β«Lib Dems pledge to increase levy β«Critics see threat to growth β«@_MODwyer @GeorgeWParker @Sam1Fleming #frontpagestoday #UK @FT π¬π§ https://t.co/k6WHPG6LPv
Financial Times: Labourβs reluctance to rule out capital gains tax rise stokes investment fears #TomorrowsPapersToday https://t.co/BRWZf1iDdb
Labour has refused to rule out an increase in capital gains tax, sparking warnings that a hike could deter investors from the UK and push entrepreneurs to sell businesses. https://t.co/pFmlnH5Kg7
Labour sparks concern over potential capital gains tax hike https://t.co/CQmyzbnwLD
Keir Starmer refuses to rule out raising capital gains tax β UK politics live https://t.co/AjTL6oRsX5
π΄ The Labour Party has declined to rule out raising capital gains tax if it wins the general election Follow the latest π https://t.co/ewwY6Bsqk5 https://t.co/txOy3jkHpT
US Companies βConcernedβ About Rising UK Costs Under A Labour Government - FT https://t.co/VZh8Aidffy