Penalise startups that take state aid then list abroad, says UK Finance
Briefly

The British banking sector urges penalties for startups listing abroad after receiving state aid to foster loyalty to UK markets, amid fears of companies favoring foreign stock exchanges, particularly US.
UK Finance proposes clawing back subsidies and tax breaks from companies benefiting from government aid if they list or shift operations overseas, aiming to deter the trend of UK companies moving to foreign stock exchanges.
Read at www.theguardian.com
[
|
]