Entrepreneurs ready to quit UK in droves

FOUR in 10 UK-based entrepreneurs are considering moving their firm overseas, a fresh poll has found, in further evidence the Government's crackdown on wealth and Britain's stagnant economy are driving people away from the country.

- By Ali Lyon

According to audit shop S&W's Business Owners Sentiment Survey, 39% of the UK's entrepreneurs are mulling a move abroad. In contrast, nearly half (47%) say the Government's policies are ham-stringing their expansion plans.

The stark findings follow months of warnings from UK PLCs that the £40billion tax raid announced by the Chancellor in her Autumn Budget had sapped business confidence and eaten into their bottom lines.