15 January 2020
Commenting on the report, British Business Bank CEO, Keith Morgan, said: “We welcome the NAO’s findings that the British Business Bank has performed well against its objectives, enabling additional growth in UK SMEs as a result of our activities. “The NAO has provided a robust evidence base, culminating in a balanced report. As well as […]
15 January 2020
SlothMove lets users update their address with TV Licensing, loyalty programmes and all their utility companies in one go by filling in a simple online form. Based in Sheffield, the company has been up and running for eight months, helping house-moving Britons save time and money. The founder entered the Small Business Advice Week competition […]
27 December 2019
British Business Bank CEO, Keith Morgan, has been awarded a CBE for services to Small Business Finance in the Queen’s New Year honours list 2020.
10 December 2019
Inspired by Ada Lovelace, the nineteenth-century computer science pioneer, Ada Ventures is founded by experienced early-stage investors Francesca Warner and Matt Penneycard. The firm’s investment strategy focuses on investing in overlooked founders, who are building companies that focus on underserved customer groups. British Business Bank will make cornerstone investment of up to two-thirds of the […]
7 November 2019
The National Promotional Institutions of France (Bpifrance), Germany (KfW), Poland (BGK), Spain (ICO) and the United Kingdom (British Business Bank) presented a study today in Brussels on the challenges of digitalisation for European small and medium-sized enterprises. The study is based on a first-time joint survey of more than 2,500 SMEs in the participating countries, […]
5 November 2019
Ms Atkar steps up into the role having served as a Non-executive Director since July 2016 and will continue to Chair the British Business Bank’s Risk Committee. The previous incumbent, Christina McComb, steps down from the Board, having served two terms as Senior Independent Director since 2013. Lord Smith, Chair of the British Business Bank, […]
31 October 2019
Keith was appointed in January 2013 to lead the design and establishment of the Bank and was made Chief Executive in December 2013. Since its inception, the Bank has grown significantly under Keith’s leadership and it now supports more than 90,000 smaller businesses with over £7bn of loans or investments through its various programmes. The […]
30 October 2019
The figures, revealed at an anniversary event in Truro last night (Tues, Oct 29) as part of the Cornwall Festival of Business, show that the fund has so far supported 13 local businesses with £2.9m of investment, attracting a further £2.2m of private sector investment. The fund in its entirety; which is managed by The […]
24 October 2019
UK Venture Capital (VC) funds with a 2002-2006 vintage outperformed US VC funds. From 2007 onwards, UK VC funds’ performance is only slightly below that of the US. Over the entire 2002-2011 time period, UK VC returns come out slightly ahead of those of the US. Latest market analysis from the British Business Bank published […]
17 October 2019
In March 2018, the British Business Bank signed up to HM Treasury’s Women in Finance Charter, and in September 2018 made a number of commitments on which it agreed to publish a yearly update. Although outside of its commitments under the Charter, the British Business Bank can also confirm that 27% of its Board members […]