Sir Martin Sorrell: Tax hikes risk hurting UK productivity

City A.M.

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The government’s potential tax hikes and changes to investment relief could drive capital abroad, discourage hiring and stymie productivity, former WPP chief Sir Martin Sorrell has warned ahead of tomorrow’s Autumn Statement. “We have a productivity problem and a growth problem, which derives from the productivity issue,” Sorrell told City AM. He added that, although [...]

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