Chancellor calls scheme involving 20 of UK’s largest funds a ‘huge win’ for the country
A group of leading UK venture capital funds managing more than £25bn have signed an agreement backed by the chancellor, Jeremy Hunt, to boost investment in high growth companies across the country.
In a government drive to drum up private investment in Britain before the chancellor’s autumn statement, Hunt said the scheme involving 20 of the UK’s largest funds was a “huge win” for the country.