6 December 2023

British Business Bank appoints Deputy Chief Investment Officer

The Deputy Chief Investment Officer role is a new position, which will report to the Bank’s Chief Investment Officer once appointed in 2024. Prior to joining British Patient Capital in 2018, Ian Connatty joined the Bank’s predecessor, Capital for Enterprise Ltd in 2009 and was part of the team who set up the Bank. Ian […]

28 November 2023

Second year evaluation of Covid-19 loan schemes finds self-reported high impact on businesses saved, and positive impact on turnover and employment elsewhere

Self-reported year two survey data suggests that between 175,000 and 618,000 BBLS borrowers could have permanently closed between April 2020 and December 2021 in the absence of the schemes. The survey data also suggests that between 4,000 and 25,000 CBILS/CLBILS borrowers could have permanently closed between April 2020 and December 2021 in the absence of […]

23 November 2023

Lansiad Cronfa Buddsoddi i Gymru’n rhoi hwb gwerth £130m i fusnesau bach

English Language Version of this content Mae Banc Busnes Prydain yn lansio ei Gronfa Buddsoddi newydd £130M i Gymru heddiw (23 Tachwedd), gan agor y drws ar gyllid ychwanegol i helpu busnesau llai i ffynnu a llewyrchu. Bydd y gronfa’n gyrru twf economaidd cynaliadwy trwy gynorthwyo busnesau newydd a’r rhai sydd ar dwf ar draws […]

23 November 2023

Launch of Investment Fund for Wales provides £130m boost for small businesses

Cymraeg The British Business Bank is launching its new £130 million Investment Fund for Wales today (23rd November), unlocking additional funding to help smaller businesses to prosper and thrive. The fund will drive sustainable economic growth by supporting new and growing businesses across the whole of Wales through investment strategies that best meet the needs […]

21 November 2023

British Business Bank responds to the Chancellor’s latest Mansion House Reforms announcement

Long-Term Investment for Technology and Science (LIFTS) Following a call for proposals for the Long-Term Investment for Technology and Science initiative, launched by the British Business Bank in May 2023, the Chancellor announced that the Bank is moving into contractual discussions with two successful LIFTS bidders, with the intention of investing a total of £250m, […]

16 November 2023

British Business Bank launches £70million investment fund for Northern Ireland

Investment Fund for Northern Ireland (IFNI) will be split between debt and equity support for smaller businesses IFNI will tackle an identified funding gap throughout Northern Ireland The fund will be available to businesses across all sectors and at each growth stage November 16: Today, the British Business Bank launches a new £70million commitment to […]

7 November 2023

British Business Bank launches new ‘Making business finance work for you’ Guide to coincide with Business Finance Week

The launch comes during the Bank’s annual Business Finance Week, which provides smaller UK businesses with a host of free nationwide and regional in-person and virtual events and seminars from 6-10 November. The week, run in conjunction with partners from across the industry, addresses a different theme each day, covering starting up, growing, thriving, innovating […]