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Octopus’ new £1.2bn VCT manager: Start-ups love recessions

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Extension of support for venture capital trusts (VCTs) in Kwasi Kwarteng’s ill-fated ‘mini-Budget’ was one of the few areas that Jeremy Hunt did not U-turn on in his Autumn Statement. Although investors can still benefit from 30% income tax relief on VCTs beyond 2025, there are still major risks to…

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