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HM Treasury

UK finance ministry; April 2026 VCT/EMI/EIS reforms and co-anchor of the AI and Future of Work Unit.

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#14 31 Jul
#1 29 Jun

Published the £10.3bn Defence Investment Plan breakdown

Is Britain Actually Broke?: A third of defence funding is one-off
#104 25 May
#2 14 Apr

Cut VCT income-tax relief from 30% to 20% effective 6 April 2026

UK Startups and Innovation: VCTs hit £917.7m record, brace for 65% fall
#2 6 Apr

Implemented EMI reform effective 6 April 2026, raising limits for scaleups of 250-500 employees

UK Startups and Innovation: EMI reform quadruples the scaleup thresholds