Industry welcomes Hammond's plans to boost UK scale-up companies but challenges remain to attract 'mainstream' investment

Jayna Rana
clock • 5 min read

Industry commentators have welcomed Chancellor Philip Hammond's plans to support the growth of early-stage UK companies, as announced in last week's Budget, but some are sceptical about whether the changes could help raise significantly more capital through tax-efficient vehicles like EIS and VCTs.

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