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BloombergJan. 24 (Bloomberg) -- U.K. Prime Minister Gordon Brown, aiming to support his argument that the government should continue spending to bolster the economy, will this week announce details for 125 million pounds ($200 million) of venture capital for low-carbon businesses.

The first slice of money from the Innovation Investment Fund, announced in June, will be awarded Jan. 26, the prime minister said in a podcast on his official Web site today.

To read the full, original article click on this link: Brown to Award $200 Million to Fund U.K. Business ‘Innovation’ -

Author: Robert Hutton