Clause 56 - Community investment tax relief
Finance Bill
10:15 am

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Photo of Mr Mark Hoban

Mr Mark Hoban (Fareham, Conservative)

There was an announcement in the Financial Times last week or the previous week that indicated that the Treasury had

invested £20 million alongside a further £20 million from the venture capital sector, including Apax which is chaired by Sir Ronald Cohen. Is that funding intended to go into a CDFI, or is it additional funding?

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