28 January 2021

Future Fund Publishes Diversity Data of Companies Receiving Convertible Loan Agreements

£1,066.6m worth of convertible loans approved for 1,055 companies 39% of funding to companies outside London worth £419.8m 77% of funding to mixed gender senior management teams 57% of funding to mixed ethnicity senior management teams Today the British Business Bank publishes Future Fund data that gives a detailed picture of the 1,055 companies that […]

28 January 2021

British Business Bank support schemes delivers almost £71bn of loans to smaller businesses

£44.7bn Bounce Back Loan Scheme £20.8bn Coronavirus Business Interruption Loan Scheme £5.1bn Coronavirus Larger Business Interruption Loan Scheme £.1.07bn Future Fund Today the government published new statistics that show businesses across the UK have to date benefitted from 1,559,226 government-guaranteed loans worth £70.7bn to support their cashflow during the crisis through schemes delivered by the […]

18 January 2021

Coronavirus loan schemes continue to support businesses evenly across the UK, new analysis shows

Distribution of loans offered tracks business population of each region North West reports largest usage of CBILs and BBLS outside London and the South East Construction sector has received highest proportion of total loans (17%), followed by wholesale and retail (15%) New data published today by the British Business Bank reveals the regional distribution of […]

5 January 2021

Jonathan Britton, British Business Bank Non-executive Director, awarded an OBE for services to Small Business Finance

British Business Bank non-executive Director, Jonathan Britton, has been awarded an OBE for services to Small Business Finance in the New Year Honours 2021. Jonathan, who additionally chairs the British Business Bank’s Audit Committee, has over 35 years’ experience in banking, spanning corporate, SME and Investment banking businesses, as well as being a Director of […]