CNBC's UK Exchange newsletter: What the Treasury gives with one hand, it takes with the other [CNBC]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: CNBC
It concerns changes to the regime governing the investment vehicles that have channelled billions of pounds worth of capital to startup and scale-up businesses. But the documents accompanying her speech revealed a blow to their potential investors. In this article This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch As expected, Chancellor Rachel Reeves used her Budget to pour a bucket-load of tax-raising measures over the U.K. economy. One of them, though, will be of particular interest to Britain's startup and scale-up businesses. Reeves announced she was widening eligibility for the Enterprise Investment Scheme (EIS) and its sister scheme, Venture Capital Trusts (VCTs), “so scale-ups can attract the talent and the capital that they need.” VCTs are publicly listed investment vehicles, run by fund managers, offering investors exposure to a portfolio of young, high-risk companies. To reflect the risk in
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LYG
Sec Filings
- 12/5/25 - Form 6-K
- 12/4/25 - Form 6-K
- 12/3/25 - Form 6-K
- LYG's page on the SEC website