BetFair co-founder Ed Wray laments the suppression of UKs tax incentive for startup entrepreneurs.

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BetFair chairman Ed Wray: “-Too many hurdles in the way of enterprise”-.

Wray refers to a tax incentive that he and Black used to launch Betfair after they were forced to go to friends and family for funds, having failed to raise capital from institutional investors.

“-That was very useful in terms of getting the business off the ground. Everything I see now is about cutting back on those opportunities.”-