38 LEPs a leaping

I was reading the good news story in today's FT that the European Investment Bank (EIB) has finally given the go-ahead to back a £120m investment fund for the UK North East, run by the North East Local Enterprise Partnership. The funding decision was suspended after the UK triggered Article 50, setting off fears that the European funding tap would be turned off once the UK leaves the EU, and that, in particular, venture funding of UK companies would wither and die (OK, I exaggerate a tad – but that was the mood music in some media).

Actually not.

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Posted by Anthony Miller at '15:50'