New prime minister UK

Sarah Barber, CEO of Jenson Funding Partners, specifically highlighted the tax-changes that would benefit start-ups. She called for Truss to, “drop the sunset ...

“The current upwards trajectory of the UK Space sector must be recognised and intensified, with the Government committing to speed up early returns. “We have the tools in the UK — both the EIS and SEIS — to ensure that this cash does not sit idle, and is circulated back into the economy. He continued, “the UK is a world leader in R&D with significant intellectual property in the sectors of tomorrow including AI, life sciences, cleantech, medtech and Moray Wright, CEO of Parkwalk Advisors, also expressed hope for the new Chancellor, Kwasi Kwarteng, “he is in a prime position to deliver the changes to the UK’s financial sectors, which could unlock capital and encourage further investment into the UK’s high-growth technology businesses. We look forward to supporting the new ministers as they look to meet the groundbreaking deep tech founders in the UK.” Several industry leaders noted that, behind the scenes, government support for the sector has always been positive and hoped that it would continue.