More than 140 London-listed companies including Fevertree Drinks, Jet2, Mothercare and YouGov have warned the chancellor that uncertainty over the continuation of a vital tax incentive is damaging investor confidence ahead of this month's Budget. Sky News can exclusively reveal that AIM-quoted businesses generating combined profits of £1.
'This investment forms the foundation of AIM as a critical growth platform for smaller companies.' The letter is the latest warning to Ms Reeves to emerge in recent weeks, with the bosses of leading brokers such as Peel Hunt and Dame Julia Hoggett, chief executive of the London Stock Exchange, signalling that the viability of the junior London market would be threatened by the abolition of BR. The Treasury has refused to comment on the intensifying speculation ahead of the Budge.