We would have a GDP twice as large as Singapore." Khan didn't go that far, but he said that it was "crucial that London has a voice at the table" during Britain's exit negotiations with the EU. 7:05 p.m. U.K. technology startups, already hampered by a conservative banking environment, could face a tougher time raising money without access to funds that had been jointly financed by the European Union. Mark Mulligan, a media analyst at London-based Midia Research, says replacing access to such funds with British alternatives "could take a couple of years, which is a lifetime in the startup world." One such fund, The North West Fund, has so far invested 150 million pounds in 440 British companies. For example, it helped South Manchester-based digital music startup Beatroot Ltd. launch last year with a 250,000-pound investment.
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