Autumn Budget 2021: UK budget 'good news' for startups but criticised for lack of green investment

Investors receive “little comfort” from Sunak

Despite being widely welcomed by the investment industry, and hailed as “good news” for UK startups, Chancellor Rishi Sunak’s Autumn budget, published on Wednesday 27 October, has come under criticism for not allocating enough money for the “looming” green transition.

Nevertheless, Sunak sent a "clear" message to the UK that "levelling up" is at the forefront of the financial agenda, according to Karan Sejpal, head of entrepreneurs, business owners and UK regions at Cazenove Capital. "The central focus on encouraging inward investment into business start-ups UK-wide will be encouraging for our country's entrepreneurs, in particular those outside of London," said Sejpal. Autumn Budget 2021: Faster growth gives Sunak £30bn to invest in public spending - reports "I have already seen first-hand an increasing pool of capital looking for investment op...