News

18 July 2017

British Business Bank publishes Annual Report showing strong results and impressive growth

In 2016/17, the Bank delivered robust results against all four of its objectives: Increasing the supply of finance to smaller businesses – total stock of finance provided through Bank programmes rising by 24% to £9.2bn Helping create a more diverse finance market for smaller businesses – 94% of the support we offer is delivered through […]

10 July 2017

GCP caps a successful year with a £40m investment from British Business Bank Investments Ltd to complete the final close of Fund IV at £205m

The Fund exceeded its target of £200m with commitments from a diverse investor base of U.K., European and U.S. institutional investors, including public pension funds, insurance companies and investment management groups. Existing investors showed strong continued support, with 80% making further investments, and six new UK and European investors have also been welcomed into the […]