Trade bodies across the City of London are urging the UK government to delay “rushed” changes to the tax code that they say will hit jobs and investment in an economy already reeling from the effects of Brexit.

The British Private Equity and Venture Capital Association, the British Property Federation, the Investment Association, the Institute of Chartered Accountants in England and Wales, and the Chartered Institute of Taxation are all pushing back on the changes to the tax deductibility of debt are due to come in to effect in April 2017.