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EU offers quota deal to end UK-France standoff over €5bn Scaleup fund

TL;DR AI

Key summary

2 min read
  1. UK and EU officials are in urgent talks over UK access to the EU’s €5bn Scaleup tech investment fund.

  2. France has moved to block UK participation, triggering a UK-France standoff over startup financing.

  3. A quota-based compromise is being discussed as a possible way to let the UK join the fund.

  4. The outcome could open a major EU tech funding pool to UK firms and ease cross-border tensions.

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