Venturing into EIS and VCT due diligence

In a previous article, I outlined the first half of a presentation which I gave in Liverpool, focusing on investment into businesses operating in and around the North-West. More specifically, it addressed the recent review of Inheritance Tax (“IHT”) undertaken by the Office for Tax Simplification (“OTS”), and the potential implications, if any, which this…

Investing in biotech

The word “biotech” can easily deter investors. It conjures memories of half-understood science classes, endless clinical trials, and indecipherable formulae. But this clouds the reality that this is a market sector in many ways much like any other, a theme we explore throughout our new sector report on biotech. This year the sector is well-placed…

The changing face of the British pub industry

The British and Irish pub is an institution unique to this corner of Europe. Pubs sit at the centre of most British communities, simultaneously serving as restaurants, drinking establishments and social venues. Where a pub drifts into being a bar, restaurant, or even a hotel is hard to define, but what makes a pub a…

Business before the budget

In this article, we look at at the challenges to capacity, and the constraints inherent in the tax-advantaged sector, in light of the Patient Capital Review and other trends in the sector. There is a spectre haunting the tax-advantaged market: the Patient Capital Review. The thinking of the Treasury is much remarked upon, but little…