Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

British AI boss to quit Britain after entrepreneur crackdown [Yahoo! Finance]

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: Yahoo! Finance
Rory Blundell, co-founder of tech group Gravitee, said Labour's tax increases on start-up founders' profits had sapped the country's appeal as a place to start businesses and be successful. Mr Blundel said he was planning to relocate to Denver, Colorado along with most of his senior team because of a confidence and productivity crisis hitting the UK economy under Labour. “We haven't nurtured the business environment to give founders success stories that you see in America with big companies like Meta, which don't have equivalents in Europe and the UK, or give them the sense that they can benefit from their success and make money in Britain,” he said. “One policy that I would anchor a lot on is the focus on entrepreneurs relief and use that to encourage people to relocate their businesses here.” The comments come after Rachel Reeves increased entrepreneur tax rates to 18pc from 10pc in her 2024 Budget. This means that entrepreneurs would have to pay a much higher rate of tax Show less Read more
Impact Snapshot
Event Time:
SBGSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SBGSY alerts
Opt-in for
SBGSY alerts

from News Quantified
Opt-in for
SBGSY alerts

from News Quantified