Quit threat from one in ten entrepreneurs

ONE in ten entrepreneurs is threatening to leave the UK due to its tax and regulatory regimes, according to a survey by Investec Specialist Private Bank and the Entrepreneurs' Organisation.

Only 17 per cent of business leaders think the UK's tax and regulatory environment make it attractive to start a business.

But the entrepreneurs are optimistic about future prospects, with 88 per cent expecting their firms' revenues to grow during this year.