News

21 September 2017

British Business Investments – full year results for the period ending 31 March 2017

British Business Investments, the commercial arm of British Business Bank plc, today announces its annual results for the period to 31 March 2017. The results demonstrate significant growth in gross annual income and pre-tax profits (£60.5m and £55.1m respectively). The gross return on average capital employed for the period (7.4%, or 6.7% net of costs) […]

12 September 2017

British Business Bank welcomes new Chair, Lord Smith of Kelvin

Lord Smith of Kelvin has taken up his position as the new Chair of the British Business Bank, the UK’s economic development bank. Lord Smith has now joined the British Business Bank, bringing over 20 years of chairman experience, including leading the Smith Commission on further devolution of powers to the Scottish Parliament. Most recently, […]