Commenting on how a surprising fall in inflation provides some comforting assurances following more recent sluggish economic data, John Glencross, CEO and Co-Founder of Calculus, said:
“Today’s surprising fall in inflation is good news for both consumers and businesses alike and provides some comforting assurances following more recent sluggish economic data. Although a technical recession remains on the horizon, the prevailing economic landscape remains difficult. We also find optimism in the recent substantial revision of historical growth figures, which has altered the post-pandemic recovery narrative, especially in comparison to our European counterparts.
“The Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs) remain crucial pillars of support for UK business, fostering growth and championing innovative enterprises. Calculus, which pioneered the first approved EIS fund 23 years ago, remains unwavering in its commitment to supporting UK SMEs. Drawing upon our extensive experience in nurturing companies within rapidly expanding industries, we continue to offer innovative and tax-efficient venture capital investment opportunities for discerning investors.”
