Ever since Britain voted to leave the EU in June 2016, UK government venturers have braced themselves for a loss of EU funding. Northern Ireland has now learned that the European Investment Bank (EIB) will no longer be investing in its new fund – the first time a major government venturing deal has fallen apart since the Brexit vote.

Northern Ireland had hoped the bank would serve as a cornerstone investor for its fund, providing a significant portion of up…

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