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. [table id=28 /] Although outside of its commitments under the Charter, the British Business Bank can also confirm that 27% of […]
10 October 2019
The SME Finance Charter consists of five commitments that provide a framework for finance providers to set out their specific commitments to smaller businesses to help them as they plan for the future ahead of Brexit and beyond. The five pledges state: We’re open for business and ready to lend. We’ll help you prepare for […]
9 October 2019
While the UK has one of the most successful health and life sciences industries in the world, contributing almost £74bn a year and close to a quarter of a million jobs across the country, companies in the sector have historically struggled to access the right sort of finance to fulfil their growth potential. The funding […]
25 September 2019
UK’s defined contribution pension schemes not investing in the UK’s fastest growing and most innovative companies 22-year olds could see a 7-12% increase in retirement savings Savers in defined contribution pension schemes are missing out on higher returns due to a lack of investment in some of the UK’s fastest growing and most innovative companies […]
2 September 2019
Businesses that get external support are between 15% and 25% more likely to become high growth firms Research finds 81% of smaller businesses sought no advice when applying for external finance last year British Business Bank Non-Executive Director and former ‘dragon’ Piers Linney offers business mentoring session as competition prize September 02, 2019: The majority […]