Editor's Pick

UK’s leading entrepreneurs urge Liz Truss to back new entrepreneurship competition

A group of the UK’s leading entrepreneurs have urged the Prime Minister to back a new entrepreneurship competition in a push to get British startups back on track.

In a letter to Liz Truss, the group, which include senior management from crowdfunding firm Seedrs and food-sharing app Olio, called on the government to fill the void left by ‘Pitch at the Palace’: a start-up competition spearheaded by Prince Andrew and cancelled following the  fall-out after the Royals interview on Newsnight with Emily Maitlis  over his relationship with Jeffrey Epstein.

The letter said: “We are entering a difficult economic period but the new government must focus on how we encourage more of those businesses to get to scale by growing right across the country”.

Stating that “culture starts at the top”, the letter calls on Truss to push for a new national contest to help scale-ups.

The letter was coordinated by Jimmy McLoughlin, Theresa May’s former business director, and comes alongside a tide of pleas from businesses across the UK.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.


TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top