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  • 2 months ago
Chancellor John Healey promises to ‘double the number of unicorn firms’ as he laments the current trend of British ideas needing to go elsewhere to grow. Report by Louisc. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00But too often, ideas born here in Britain have to go elsewhere to find the capital they need to grow.
00:08Meaning the jobs, the benefits, the intellectual property go elsewhere and are felt elsewhere and the benefits are elsewhere than
00:17Britain.
00:19So I'm setting an ambition now to double the number of unicorn firms in this country.
00:24And together with Johnny Reynolds, I'll identify the next wave of unicorns.
00:30With the state as the early first customer to ensure they have the necessary backing to scale.

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