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11 May 1998

Working Group on the Financing of High Technology Companies

Dr Keith McCullagh has asked to step down from the chair of the Working Group on the Financing of High Technology Companies due to current pressures on his time. He remains a member of the Working Group. Dr Peter Williams (Chairman, Oxford Instruments plc) has accepted the Paymaster General's invitation to take the chair.

Notes for editors

Details on the Working Group were announced in Press Release 'HM Treasury 3' which was part of the Pre-Budget Report documentation of 25 November 1997.

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