More than 140 companies listed on London’s junior stock exchange have warned the chancellor that uncertainty over business relief for inheritance tax is harming investor confidence ahead of this month’s budget, according to reports.
Businesses including YouGov, Jet2 and Fevertree Drinks have written a joint letter to Rachel Reeves to urge the government to offer “clear support” for business relief from inheritance tax, to help support confidence in Aim, the alternative investment market.
The letter said the junior exchange had given innovative businesses the ability to access patient capital since it was established 30 years ago, according to a report by Sky News.
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The companies, which also included Arbuthnot Banking Group, Cake Box Holdings and..
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