Media Centre

Senior charity executives have warned that almost nine in 10 charities (87%) are being forced to sell assets and cut back on services as a result of continued delays in probate grants.

Rathbones Group, one of the UK’s leading wealth and asset management firms, is bringing new talent into its leadership team to build on its successful integration with Investec Wealth & Investments UK (IW&I) and deliver growth as a leader in UK wealth.

The leaders of one in eight (12%) small and medium-sized enterprises (SMEs) - equivalent to around 680,000 businesses out of the UK’s 5.67 million - are actively planning to relocate themselves, their businesses, or both due to the current tax burden, according to a new poll by Rathbones, one of the UK’s leading wealth and asset management groups.

A plea to the UK government to back investors and entrepreneurs with pro-growth tax, pension, housing, and investment reforms to build prosperity.

UK SMEs brace for Budget impact as 70% fear tax rises, 46% predict a bad Budget, and many cut costs or freeze hiring amid economic uncertainty.

Rathbones warns pension tax relief cuts could drain £50bn from UK funds, hurting investment, growth, and future retirement savings.