SolvedCG15831 | Losses: investment in unsuccessful trading companies
From HM Revenue & Customs · Capital Gains Manual
ITA07/S131 to S151, CTA10/S68 to S90
Capital losses are not normally set off against profits or income. The exception is allowable losses incurred by
an individual, or
an investment company
on certain disposals of unlisted shares in trading companies, provided the disposer was also the original subscriber, see VCM70000+.