Researchers from three Scottish universities suggest UK Government is over-subsidising tech firms which cannot grow.

Inconsistencies between the UK’s high-growth firms and Government policies in place to support have been highlighted in a report by researchers from three Scottish universities.

The report, Increasing ‘The Vital 6 Percent’: Designing Effective Public Policy to Support High Growth Firms, argues that both Westminster and Holyrood, the home of Scotland’s parliament, had been over-investing in tech firms – many of which the report suggests can’t grow – while skipping over firms with greater potential.

Researchers from St Andrews, Glasgow,…