Channel Tunnel says UK investment 'non-viable' as it halts projects

Eurotunnel halts UK projects due to "unsustainable" taxation, with business rates set to increase by 200%. This move jeopardizes future investments and jobs, disrupting long-term rail development. Facing a potential 75% tax level on UK earnings, Eurotunnel calls for government certainty on business rates. The Treasury promises support for impacted firms but refrains from commenting on speculated tax policy changes ahead of the Autumn Budget.