Rathbones warns funding gap hampers UK startups' ability to scale

• Rathbones urged investment-led UK tax reforms in its October 26, 2026 report, warning higher taxes could weaken growth.
• UK venture capital investment was almost 25% below US levels in 2023-2025, adjusted for economic size, with later-stage funding particularly weak.
• Pension funds provide just 10% of UK venture capital versus 72% in the US, underscoring scope to mobilize long-term savings.
• Abolishing Stamp Duty Land Tax on primary residences could increase transactions 16%, potentially adding almost 11,000 homes annually.
• A 10-percentage-point increase in the higher capital gains tax rate could reduce 2027-28 tax revenue by more than £2 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rathbones Group plc published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.