Written Question·Department for Business and Trade·UIN 111011

New Businesses: Economic Growth

Tabled: 4 February 2026
Answered: 10 February 2026
Named Day

Question

Victoria Collins

Liberal DemocratHarpenden and Berkhamsted

To ask the Secretary of State for Business and Trade, how many UK technology company acquired by foreign buyers were of (a) pre-revenue startups and (b) companies with revenues (i) under £10 million, (ii) between £10-50 million and (iii) £50 million in th

Answer

Blair McDougall
The statistics requested are not readily available. The Department for Business and Trade is supporting the next generation of start-ups and scale-ups, aiming to create the UK’s first trillion-dollar technology business by 2035. The Industrial Strategy an...

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