Source · Select Committees · Treasury Committee
Recommendation 18
18
Enhance domestic capital access to make UK business ownership more attractive.
Recommendation
Access to UK domestic capital has been a barrier for British businesses wishing to grow their operations beyond early venture capital funding stages. The US has deeper pools of capital for venture capital investment, and this has often led to UK firms looking overseas for funding. It is imperative that the UK makes best use of its pools of capital to make UK ownership an attractive option for the innovative and dynamic businesses which are the future of a successful UK economy. (Paragraph 87) Venture Capital 29
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 ↗