Labour is facing a collapse of confidence from UK businesses

UK founders are increasingly losing confidence in Labour’s approach to businesses, as they brace for potential tax rises in the upcoming Autumn Budget.

According to the latest survey from entrepreneur network Helm – whose members oversee more than £8bn in annual revenue – over 60 per cent of founders hailed the government as “anti-business” with a staggering 95 per cent believing it does not “reward hard work”.

The findings come as Labour continues to grapple with losing the trust of many business leaders and founders, after hiking employer national insurance contributions to 15 per cent from 13.8 per cent, increasing the national living wage and dramatically rewriting employment law.

The tax changes came into effect in Apr

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