UK Fintech Faces Warnings Over Proposed Tax Hikes
Venture capital investors have cautioned Chancellor Rachel Healey that increased taxes on financial services could harm Britain's capital-starved fintech sector. Industry leaders warn that higher levies would trigger trickle-down negative effects, potentially clipping the wings of growing start-ups just as the industry struggles to secure necessary funding and maintain its competitive edge globally.
Source: City A.M. on MSN