The total raised by venture capital trusts (VCTs) in the current tax year is likely to fall some way short of last year's total of £429m.
This looks largely due to much reduced capacity as the sector went about digesting the full implications of the various measures introduced in 2015's March Budget statement. Puma is believed to be close...
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Also introducing administration fee
Case opened on 13 November
Seeking assets with social and environmental impact