A major political party has accused the government of weakening the UK’s appeal as a destination for businesses and investment by abandoning a key financial incentive in 2021. The party argues that the decision has left the country at a competitive disadvantage compared to other European rivals. Critics claim the move has undermined economic growth and investment potential. The claim comes amid broader debates over post-Brexit economic policies and their impact on the UK’s global standing.
The party says scrapping the scheme in 2021 left the UK less competitive than European destinations.