Nineteenth Report - Venture Capital

Select Committee
Treasury Committee HC 134 24 July 2023
Report Status Government responded
Conclusions & Recommendations 18 items (8 recs)
Source View on Parliament website
Government Response (AI assessment · 18 of 18 classified)
Accepted 7
Accepted in Part 1
Acknowledged 5
Not Addressed 1
Rejected 4
Government response
Ninth Special Report - Venture Capital: Government Response to the Committee's Nineteenth Report · published 20 Oct 2023
Read the government response ↗ Response on the tracker
Clear

Recommendations & Conclusions

1 results
17 Conclusion Not Addressed
Para 86
Encourage urgent progress on pooling Local Government Pension Scheme assets.
Conclusion
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. … Read more
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.
HM Treasury
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