Taxpayer-backed Future Fund was pitched by Rishi Sunak as support for ‘gamechanging technologies’ during Covid
The UK government has become a shareholder in more than 150 companies during the Covid crisis, including a kombucha drinks maker, a bespoke ship builder and a knitting and crochet supplier, data reveals.
It is the first time that the government’s development bank has revealed the list of firms that received special taxpayer-backed convertible loans that were earmarked for startups.
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Taxpayer-backed Future Fund was pitched by Rishi Sunak as support for ‘gamechanging technologies’ during Covid
The UK government has become a shareholder in more than 150 companies during the Covid crisis, including a kombucha drinks maker, a bespoke ship builder and a knitting and crochet supplier, data reveals.
It is the first time that the government’s development bank has revealed the list of firms that received special taxpayer-backed convertible loans that were earmarked for startups. Continue reading…Technology | The Guardian