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Our 2025 Impact Report sets out the impact of the British Business Bank’s activity on smaller businesses across the UK’s Nations and regions.
At the British Business Bank, delivering impact is why we exist. Through improving access to finance for smaller businesses, we drive growth and prosperity across the UK, reflected in measures such as incremental gross value added (GVA) and new jobs created.
Drawing on our established 10-year track record of delivery, in the last year our role has grown considerably, enabling us to build our impact still further. The 24,000 businesses newly funded by the Bank in 2024/25 are expected to increase UK economic output by £8bn and create 38,000 jobs over the lifetime of their finance.
All parts of the UK benefit from this impact. 84% of the businesses we supported in 2024/25 are based outside of London, demonstrating how the whole of the UK benefits from the funding we catalyse. This is borne out by the numbers, with each of the 12 Nations and regions of the UK expected to receive an economic boost of more than £100m.
Delivering impacts measured in pounds of economic output or the number of jobs we help create and support is, however, only part of the story. Underpinning that delivery is our equally important work to diversify finance markets, strengthen finance ecosystems and build financial knowledge among smaller businesses.
We are proud of the impact we have helped unlock in 2024/25, but we know there is more to come.
In June 2025, the Government announced a major uplift to our total financial capacity, which now stands at £25.6bn. This expanded capacity will enable a two-thirds increase in the value of new investments we make each year and comes alongside a range of reforms to our governance and financial arrangements. These will give us greater flexibility to re-invest returns over the long-term, fuelling further impact in the years to come.
Louis Taylor CBE, Chief Executive Officer