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Chancellor of the Exchequer Jeremy Hunt (pictured), Credit: UK Parliament. Attribution 3.0 Unported (CC BY 3.0)
The UK’s “most promising” high-growth companies will receive backing from new investment vehicles designed to encourage pension funds to invest in them, in the first £320m tranche of the government’s Mansion House reforms.
Of the announced investment, £250m will go to two unnamed bidders under the Long-term Investment for Technology and Science (LIFTS) initiative, which works to establish new funds to invest in scien...
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