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28 May 2012
David Cameron has today announced StartUp Loans, a £2,500 loan to help young people start their own business. Schemes like this aim to address economic problems (the double dip recession) and social ones (high youth unemployment) simultaneously.
28 September 2011
Brussels has given the Treasury the go-ahead to expand the Enterprise Investment Scheme (EIS). By reducing the tax investors pay when backing high-risk companies, it’s designed to increase investment in them. The government argues the scheme will create more high growth firms: the seven per cent of firms who create half of all new jobs.