The Murdochs’ next move: Rightmove
Next month’s Budget tax raids on capital have provoked a festival of creative doom-mongering on the fringes of Labour’s conference as well as in the columns of the business press. Most frequently voiced is the prediction that the 2,000 or so denizens of London’s private equity community who benefit from the ‘carried interest’ tax wheeze will pack their Louis Vuitton bags into their Chelsea tractors and form a convoy down the M20 towards continental tax havens. A recent addition to the litany is a warning from the London Stock Exchange chief Dame Julia Hoggett that the ‘ongoing viability’ of the Aim market for smaller companies is at risk if the