CNBC's UK Exchange newsletter: What the Treasury gives with one hand, it takes with the other
- Posted on December 3, 2025
- By CNBC
- 1 Views
CNBC's UK Exchange newsletter: What the Treasury gives with one hand, it takes with the other

Rachel Reeves' Budget tweaked investment vehicles that channelled billions into U.K. startups and scale-up businesses. But it also cut tax relief for investors.