Britain creates blueprint for multi-billion fund to support startups

  • Nicholas Lyons, a veteran banker and current Lord Mayor of London, announced the plan for the ‘Future Growth Fund’.
  • The fund aims to draw up to 50 billion pounds from British pension pots to invest in fast-growing technology and biotech firms.
  • The fund will be used to back startups.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals