The British Venture Capital Association’s study, undertaken by YouGov found that 85% of those surveyed reported an unfavourable fundraising climate during the last three months, while just over half found the general business environment equally poor.
Seventy-three percent believe there will no improvement in the industry in the next three months to June 2003.
The report also found strong support for the abolition of Taper Relief to be replaced by a flat rate of Capital Gains Tax in next week’s Budget speech.
Concerns were also expressed about the impact of the Iraq war and the movements on the stock market.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.