Fintech

UK taxpayer pours £1bn into venture investments

The company is now the largest domestic investor in UK venture capital

UK taxpayer pours £1bn into venture investments

Back in September, Fintech Files looked at the British government’s obsession with creating a tech giant — and how it is using British Patient Capital, an investment vehicle, in pursuit of that aim.

On 2 November, BPC announced that it had ploughed more than £1bn into the UK tech sector, primarily by stumping up funds for private venture capital firms to invest on its behalf.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire