British tech leaders express concern over the government's tax hikes, including an increase in capital gains tax and National Insurance contributions, fearing it could hinder the growth of the tech sector and the emergence of future giants like Nvidia. While the government aims to raise significant revenue, executives warn that these changes may lead to higher inflation, reduced hiring, and increased costs for businesses, particularly startups reliant on investor capital. Calls for government support to foster a sustainable entrepreneurial environment are growing amidst these fiscal challenges.
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