<ul><li>Tech entrepreneurs are likely to leave the UK if there is a significant increase in capital gains tax (CGT) announced in the upcoming budget, according to a leading industry investor.</li><li>Harry Stebbings, a British podcaster and investor, expressed concern over the UK's tax environment, calling it a bad place to do business.</li><li>The chancellor, Rachel Reeves, is considering raising CGT to between 33% and 39%, which has sparked worries among entrepreneurs.</li><li>Stebbings predicts that if the tax is increased, tech entrepreneurs will leave the UK in large numbers, affecting the country's position as a tech base.</li></ul>

Hike in capital gains tax will spark tech exodus from UK, investor says

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