Source · Select Committees · Treasury Committee
Recommendation 12
12
Paragraph: 60
Venture capital investment remains disproportionately concentrated in London, hindering regional growth.
Conclusion
The evidence we have received suggests that venture capital investment is concentrated in London, strongly disproportionately to its share of the UK SME population. This means that throughout most of the UK regions and nations, opportunities for investment in high-growth businesses are more limited than they ought to be. This may be undercutting the potential for economic growth across the UK regions and nations.
Paragraph Reference:
60
Government Response
A response document is linked to this report, dated 20 October 2023. Response attribution to this conclusion has not been verified. Read the response document ↗