Following yesterday’s Autumn Budget, Albion Capital’s William Fraser-Allen has spoken positively about the government’s commitment to VCTs and entrepreneurship.
William Fraser-Allen, Managing Partner at Albion Capital, said:
Albion welcomes the government’s recent commitment to strengthening the UK’s entrepreneurial ecosystem. By extending the Enterprise Investment Scheme and VCT (Venture Capital Trust) schemes to 2035, alongside pledging over £250 million to support small businesses, the government demonstrates a firm commitment to fostering a vibrant environment for entrepreneurship and growth within the UK’s private markets. This much-needed and awaited support will ensure the UK remains a global leader in the market, and we will continue to collaborate with the government to ensure this happens.