British startups could collapse if tight new rules on foreign investment cut off their access to crucial growth capital, manufacturers have warned. EEF, an industry group, has said planned regulations designed to strengthen national security are vaguely phrased and could cut off foreign investment, which is crucial to fast-growing companies that often fail to find sufficient backing from UK financiers. The regulations are being designed to stop strategic companies and technologies from falling into overseas ownership. “There doesn’t appear to be anything in [the white paper] that considers business implications of taking a decision to remove investment,” said Ollie Welch, head of defence, aerospace… To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for free Register for free to continue reading this article Register Or unlock all Premium articles, free for 30 days Start trial Already have an account? Login Want to learn more? View all subscriptions
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