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Birmingham Post
Birmingham Post
Business
Sion Barry

The Welsh firms in which the UK Government now has ownership stakes

THE UK Government has taken ownership stakes in some of Wales’ leading high-growth potential firms.

The Westminster government, as one of its business support response measures to the pandemic, used its Future Fund to make investments into firms across the UK with debt that could be later converted into equity.

In total the now closed fund, backed 1,190 with just over £1.1bn in funding.

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