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Silicon Roundabout founders aren’t happy In Pictures via Getty Images A growing chorus of British entrepreneurs say Westminster is still missing the mark on what fast-growing companies need to thrive. According to our inaugural Entrepreneurs Survey, a striking 84 per cent of founders believe the Government does not understand their needs – while barely 4 per cent think it does. The survey, conducted with research agency Public First, paints a picture of mounting frustration as fundraising dries up, talent shortages bite, and uncertainty over economic policy deepens. One in ten founders say they expect to leave the UK in the next 12 months, and one in six plan to sell their businesses outright. Asked why, respondents pointed to high taxes, complex regulation and fears of a looming downturn. Just 19 per cent are optimistic about the wider UK economy over the next year, versus 63 per cent who are pessimistic – even though 69 per cent remain upbeat about their own firms. Sean Kohli, Chair of the Young Entrepreneurs Forum, warned the drift abroad is no longer a trickle: “It’s concerning to see entrepreneurial talent leaving the UK. This has now developed into a significant issue that requires attention. Britain would benefit from some course adjustments. Too often, we place hurdles in the path of risk-taking and innovation. Naturally, ambitious entrepreneurs and founders will be drawn to ecosystems that actively support their growth and vision.” Raising capital tops the list of pain points. Three-quarters of founders (75 per cent) say it is currently difficult to secure investment in Britain, a finding echoed by Irina Pafomova, Co-Founder of Zestic AI and an active early-stage investor: “Being a founder of an AI business as well as an early-stage investor, I find that unlike in the US, the UK funding market has neither…

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Filed under: News - @ July 2, 2025 7:26 pm