Future Of British Business
UK Targets Pension Funds to Keep Startup Funding Boom Going
- Nadine Dorries, digital lawmaker, speaking at London Tech Week
- Raft of startups cutting staff following funding pressure
UK Secretary of State for Digital, Culture, Media and Sport Nadine Dorries.
Photographer: Chris J. Ratcliffe/BloombergThis article is for subscribers only.
The UK is planning to update its digital strategy for the first time since 2017, in a bid to attract tech talent to the country, and encourage pension funds to invest in tech startups.
Post-Brexit, the British government wants to “capitalize on the freedoms we now have to set our own rules and regulations,” said Nadine Dorries, the Secretary of State for Digital, Culture, Media and Sport, at the opening of London Tech Week.