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Healey's startup adviser quits over 'sideshow' treatment of entrepreneurs

Alex Depledge, the Treasury's entrepreneurship adviser, is stepping down after accusing ministers of treating Britain's fastest-growing companies as a 'sideshow'. She will leave her role on Thursday, a day after John Healey delivers his first Budget.

  • Depledge accused ministers of overlooking high-growth businesses in favour of established industries
  • She called for new incentives for company founders and more pension fund investment in British growth companies

The Treasury's entrepreneurship adviser is stepping down after accusing ministers of treating Britain's fastest-growing companies as a 'sideshow' while directing taxpayer money towards traditional industries. Alex Depledge, appointed by former chancellor Rachel Reeves in June 2025, will leave the role on Thursday, a day after John Healey delivers his first Budget.

Why this matters: The departure of Depledge comes amid mounting frustration among British founders over taxes, access to investment and the government's approach to economic growth.

What this means for you: The changes in government policy and treatment of entrepreneurs may affect your business or investment decisions.

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