British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme, including a company that makes carbon negative period products, a firm producing meat cultivated directly from cells without the use of animals, and a “holistic” whisky distiller.
The British Business Bank’s Future Fund was set up by Rishi Sunak when he was chancellor. It was established during the height of the Covid pandemic to support startups and innovative firms through the crisis, and has given 1,190 companies funding worth £1.14bn in total.
