UK at risk of losing tech start-ups due to barriers in capital and talent, Lords committee warns.

The UK risks becoming an "incubator economy" where tech start-ups develop but then sell or move abroad, according to a House of Lords committee. Barriers such as limited access to capital and challenges in recruiting tech talent are preventing companies from growing. The report urges the government to streamline support schemes and foster a culture that encourages founders to stay and expand in the UK.

1 month ago
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