David Mott, Oxford Capital comments on the Government’s commitment to build high growth UK businesses
“Today’s announcement from the Chancellor is a significant step forward in its commitment to build high growth, digitally led businesses. In the future we believe every company will become a software company and the Government is taking the steps to recognise this now through its “Help to Grow” management and digital initiatives for small businesses. As an investor in UK technology start-ups there is a huge amount to be positive about in today’s Budget to accelerate the growth of UK companies from a digital, management and talent acquisition perspective. Across the 20 companies in our portfolio we expect at least 500 new jobs to be created this year, the measures announced today mean founders can now build their teams with greater confidence. This will be the quickest way to build a successful economy in the future.”