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What changes can we expect in tomorrow’s budget for SMEs seeking investment?

With just 24 hours to go until Philip Hammond holds his red box aloft in front of 11 Downing Street, we thought it would be useful to remind ourselves what might be in store for venture capital schemes like SEIS, EIS and VCT, and how this might affect UK businesses seeking capital to scale. Investment providers, financial intermediaries and the wider SME ecosystem are waiting with bated breath for tomorrow’s budget, and the outcome of the government’s Patient Capital Review (PCR). As we know, the PCR’s key objective is to “strengthen the UK further as a place for growing innovative firms… continue reading

November 21, 2017