Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 35
35
Paragraph: 148
International investment in British businesses can support growth and is positive on an individual basis.
Conclusion
International investment in British businesses can support growth and is positive on an individual basis. The flow of businesses and IP out of the UK, however, as a consequence of the international venture capital model is cause for concern. The drift towards foreign investment illustrates that scale ups and innovative businesses require alternative sources of investment to achieve the maximum long-term benefit for the UK economy in addition to short-term rewards for entrepreneurs.
Paragraph Reference:
148
Government Response
A response document is linked to this report, dated 24 September 2021. Response attribution to this conclusion has not been verified. Read the response document ↗