The UK is now Europe’s top destination in start-up venture capital, new research has indicated – with Kemi Badenoch hailing the news as a “massive vote of confidence” in Brexit Britain.
The International Trade Secretary, widely tipped as a possible future Conservative Party leader, was commenting on HSBC Innovation Banking’s latest report, covering the third quarter of 2023.
Not only is Britain outstripping every nation in the EU27 – it also comes in third in the world, with only the USA and China attracting more cash.
Ms Badenoch commented: “We know the UK is the best place in Europe to invest, and today’s news is a massive vote of confidence that reaffirms this fact.
“The HSBC data shows that – contrary to the voices of doom and pessimism – post-Brexit Britain is leading the way in attracting investment into start-ups, growing our booming tech sector and creating jobs.
