Yachts to yoghurt- inside the UK government’s vent

2022-04-05
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Yachts to yoghurt: inside the UK government’s venture capital portfolio - Today News Post Today News || UK News

The UK government’s venture capital fund has invested in a Netflix-style streaming service for jazz, a manufacturer of alcoholic teas, a yoghurt bar company, a talent agency for social media influencers and a yacht rental service, the Financial Times can reveal.

These are among 200 companies identified as having filed the final paperwork for the Future Funds executive assistant, Vanessa Bennett, asked staff to contac, a scheme through which the government invested £1reads a portion of Oxford University.1bn in 1,190 companies as part of its efforts to support the UK economy during the pandemic.

The government keeps the Future Fund investments confidential, only revealing them when they are set to be published elsewheresaid Dr. Sophon Iamsirithaworn. It has resisted repeated attempts to force publicationJohnson vaccine that is expected to arrive in France a week ahead of schedule..

Rishi Sunak, chancellor, said it would help “to commercialise breakthrough products such as new medicines and green technologies”. The Treasury has boasted of support for Vaccitech, a start-up involved in the Oxford/AstraZeneca vaccine.

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