With UK public finances under pressure, Chancellor Rachel Reeves is set to favour tax rises over spending cuts, a move that could have lasting effects on investment, growth, and talent in the tech industry. The most discussed rumour is the introduction of a wealth tax. Although popular among some MPs, there is no consolidated Labour plan for its implementation. From an economic perspective, this could be counterproductive. It risks discouraging saving and capital accumulation, both crucial for tech founde ...