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Venture capitalists give warm welcome to Budget

The British Venture Capital Association has given a rousing welcome to the Budget which it says has implemented many of its own pre-budget recommendations.


BVCA taxation committee chair Jonathan Clarke says: &#34The BVCA is delighted that the Budget has focused on risk takers with the new Enterprise Management Equity Incentives. This was the key focus of the BVCA&#39s Budget submission statement.&#34


Clarke says that the new incentives will encourage managers in large companies to risk setting up their companies, noting that venture -backed companies increase their staffing levels 60 per cent faster than FTSE Mid-250.

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by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]

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