Larger startups to benefit from budget venture capital trust shake-up

Rachel Reeves Budget 2025 Alamy

New rules coming into effect from April 2026 will allow VCTs to invest up to £24m in each company they support, up from a previous £12m cap

Established food startups will stand to benefit from the Chancellor’s shake-up of venture capital trust (VCT) investment rules, at the cost of newer competitors.

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