Rathbones has urged the Chancellor to not opt for a wealth tax

A leading UK wealth manager has urged Chancellor Rachel Reeves’ to back wealthy individuals focused on building wealth and increasing UK investment in the November Budget.

Rathbones has called on the government to offer support to wealthier Brits in this month’s Budget in order to drive long-term, sustainable investment and end the cycle of weak growth and rising taxes that have plagued the UK economy in recent years.

Camilla Stowell, chief executive of wealth at Rathbones, said: “Our clients are the people whose ambition and success underpins the prosperity of businesses, organisations and communities across the UK.

“If they aspire and succeed in their professional lives, businesses and personal decisions, the whole count

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