‘Our plans could be derailed’: family firms say Labour tax rises will force fire sales - short news
Manufacturers say new rules on passing on assets threaten investment and future survival of businesses
Unassuming wooden crates filled with brake pads and metal springs are piled high in the loading bay of the Broadbent factory close to Huddersfield city centre. Shipping them out to Nigeria and Ghana remains the day job for Simon Broadbent, but the manufacturer’s owner has a growing issue nagging at him – the fate of his 160-year-old business in the face of Labour’s tax..
source: The Guardian - 16.09.2025