Tech firms in the South West received a boost in Rishi Sunak's budget with the announcement of a £200m investment fund to support fast-growing businesses across the region.

The Chancellor announced £1.6bn in increases to regional financing programmes , including £200m to "provide a new fund for businesses in the South West of England". It is the first government fund to stretch...

Sometimes a simple statistic can knock you sideways. Take this one from the British Business Bank (BBB): When broken down by local authority area, three of the top five locations for equity investment into South West businesses are London boroughs.

In other words, venture capital funds, business angel networks and individuals based in Westminster, Islington and Camden invest...