Written Question·Department for Business and Trade·UIN 111011
New Businesses: Economic Growth
Tabled: 4 February 2026
Answered: 10 February 2026
Named DayQuestion
Victoria Collins
Liberal Democrat — Harpenden 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 McDougallThe 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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