Hammond's £400m for venture capital funds is no joke – unfortunately

Chancellor’s cash to help startups grow to scale is welcome, but it’s a mere drop in the ocean – especially after Skyscanner saleThe best joke in Philip Hammond’s autumn statement was the line about how he is injecting £400m of venture capital funding into the British Business Bank “to tackle the longstanding problem of our fastest-growing technology firms being snapped up by bigger companies, rather than growing to scale”. A day later, one such UK pione