Financing growth in innovative firms: Autumn Budget 2017 brief
Details of the government’s 10-year action plan to unlock over £20 billion of ‘patient’ capital investment.
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Autumn Budget 2017 announced a 10-year action plan to unlock over £20 billion to finance growth in innovative firms.
Designed to help innovative, high-growth businesses secure the ‘patient’ investment they need, the plan includes new investment into funds, clarified pension guidance and reform of tax reliefs.
This document sets out the background to patient capital and details of the government’s plan.