Reeves has personally courted the start-up community over recent months

Executives from some of Britain’s most valuable technology start-ups have warned Rachel Reeves that proposed tax measures in this month’s budget could force them to abandon London listing plans.

According to Sky News, a letter was sent this week by companies like Revolut and Clearscore, urging the Treasury not to impose an exit tax on wealthy individuals or take steps “which will result in reduced confidence or hesitant investment in the UK.”

Collectively, the firms behind the letter are valued at over $100bn (£80.3bn).

The signatories warned that changes to capital gains tax or inheritance tax rules could make the UK less attractive for founders, dampen investment in start-ups, hinder innovation, and lead to delay

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