The Alternative Investment Management Association (AIMA) has pushed back on the UK government’s proposal to restrict or ban non-compete clauses, warning that the plans risk undermining the UK’s competitiveness as global competition for investment and talent intensifies, according to a report by the Daily Telegraph.
AIMA said the overhaul could weaken firms’ confidence in Britain at a time when financial centres are vying aggressively for high-value jobs. Chief executive Jack Inglis described the...
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