Fifth of Midlands investors claim advice inferior to London, research

One in six see lack of regional advisers as barrier to investment

Victoria McKeever
clock • 1 min read

A fifth (20%) of Midlands investors claimed the financial advice they received prioritised London-based businesses over their local entrepreneurs, according to research.

The findings come from a report by the UK British Angels Association (UKBAA), on regional funding disparity in the ‘Midlands Engine' area. The not-for-profit organisation represents the interests of the national angel investment community - those who provide capital for a business start-ups. With the vast majority of equity investment concentrated towards London and the South East, UKBAA said an acute dearth of funding posed a significant threat to the progression of start-ups and scale-ups across the regions, but especially in and around the UK's ‘second city', Birmingham. 'Treasury ...

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