Ashurst advises HM Treasury on the Future Fund

The Future Fund, which will be delivered by The Government in partnership with the British Business Bank, addresses the potential economic impacts of Covid-19 by providing funding to innovative high-growth firms in some of the most dynamic sectors of the UK economy – ranging from tech to life sciences - which are facing financing difficulties due to the outbreak. The Government will make available an initial £250 million through convertible loans with private investors at least matching the Government commitment.

The team comprised partner Karen Davies and senior associate Jacob Gold (Corporate), and partner Philip Vernon and counsel Donald Slater (Regulatory). 

Treasury Legal Advisers is the division of the Government Legal Department which provides advisory legal services to HM Treasury.