‘We have the opportunity to unlock hundreds of billions of pounds to back innovative companies’
- On June 22, 2022
- By GrowthInvest Marketing
The second of our two-part series on how the City could better support the UK’s emerging tech firms looks at some of the proposals in the offing.
Plans to divert pension savings into funding high-growth companies — discussed by government ministers and policy wonks for years — finally appear to be gaining traction, opening up a potentially massive source of finance for Britain’s most promising technology businesses.
George Freeman, the science, research and innovation minister, told Times Enterprise Network that regulations stopping many institutional funds from investing in private companies would be relaxed by next March at the latest.
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