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UK tech race at risk from ‘far too cautious’ government, warns watchdog

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City AM
UK tech race at risk from ‘far too cautious’ government, warns watchdog
Britain risks falling behind in the global tech race unless the government takes greater risks backing British startups, the chairman of Parliament’s spending watchdog has warned. In a report published on Wednesday, the Public Accounts Committee (PAC) urged UK Research and Innovation (UKRI) to take more equity stakes in companies it funds, arguing taxpayers are [...]
21 Oct, 10:06
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