Nineteenth Report - Venture Capital
Select Committee
Treasury Committee
HC 134
24 July 2023
Recommendations
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Conclusions (1) Observations and findings — click to expand
17
Conclusion
Not Addressed
Para 86
Our evidence suggests that UK pension funds may be an untapped source for a deeper domestic capital market more inclined to risk investment in high-potential businesses. We welcome the Government’s announcement of work on pension fund consolidation in the autumn. We will scrutinise the details of those proposals closely. Any …
Government Response Summary
The government's response is boilerplate text detailing existing support for scale-up businesses through the British Business Bank, British Patient Capital, and EIS/VCT schemes. It does not address the recommendation regarding pension funds as an untapped source of capital or the government's work on pension fund consolidation and LGPS asset pooling.