Funding for UK start-ups falls to six-year low as investment slows
Briefly

from Business Matters4 months ago
Investment in UK start-ups has hit its lowest level in six years, with just 32 fundraising rounds occurring in the three months to September.
Business Mattershttps://bmmagazine.co.uk/get-funded/funding-for-uk-start-ups-falls-to-six-year-low-as-investment-slows/
The UK raised only £162 million through early-stage funding in Q3 2023, indicating a significant decline in investment and the difficulty in advancing beyond start-up phases.
Business Mattershttps://bmmagazine.co.uk/get-funded/funding-for-uk-start-ups-falls-to-six-year-low-as-investment-slows/
Chancellor Rachel Reeves is expected to address the investment challenges with tax hikes and budget cuts, while aiming for the highest GDP growth in the G7.
Business Mattershttps://bmmagazine.co.uk/get-funded/funding-for-uk-start-ups-falls-to-six-year-low-as-investment-slows/
Michael Moore emphasized the need for substantial new capital in venture funds to support innovative businesses that are vital for the economy's growth.
Business Mattershttps://bmmagazine.co.uk/get-funded/funding-for-uk-start-ups-falls-to-six-year-low-as-investment-slows/
Read at Business Matters
#uk-start-ups #investment #economic-growth #venture-capital #autumn-budget
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