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Europe • 2026-05-04 08:50

UK and EU Commence Talks on Access to €5 B Tech Scale‑up Fund

The European Union and the United Kingdom have agreed to start negotiations on British participation in a new €5‑billion fund that will provide late‑stage financing to technology companies. The talks were announced following a meeting between EU Commission President Ursula von der Leyen and UK Prime Minister Keir Starmer. Both parties expressed optimism about reaching an agreement that could boost innovation across Europe.

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