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Tech Start-ups Not Getting Enough Funding

19 Sep 2016 12:00 AM | Anonymous

In an interview with the BBC for its Tech Talent coverage, fund manager Neil Woodford has explained that the UK lacks major tech giants due to a lack of long term thinking and investing in the industry. Mr Woodford argues that the UK does not lack the skills for the industry, citing good universities and promising ideas but bemoans the lack of "scale-up cash" to help companies grow. It is also believed that tax rules in the UK encourage start-ups to sell early as oppose to try and grow.

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