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Without the right tax framework, UK will drive wealth creators away

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23.09.2025

Lord Mayor Alastair King will welcome leading family offices to Mansion House this week to explore how Britain can channel its £3.9 trillion in investment assets into scaling businesses, upgrading infrastructure, and keeping the UK globally competitive.

Later this week, I will welcome leading family offices from across the globe to the first ever Global Family Office Summit to be held at Mansion House. At its heart lies a simple but urgent question: how can Britain secure the capital we need to scale our brightest businesses, renew our infrastructure, and remain competitive in a fast-changing world?

The scale of the challenge is stark. The UK economy remains under pressure, with inflation proving stubbornly high, interest rates on hold, and no growth recorded in July. This environment makes it even more urgent to unlock the investment needed to power the scale-up economy, upgrade digital, energy and transport networks, and underpin long-term prosperity. Importantly, this shortfall is not due to a lack of capital. Britain is home to £3.9 trillion in investment assets, yet too little is flowing into the........

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