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The Latest Breaking News from British Business Bank

British Business Bank backs £50 million fund for tech start-ups

The fund will support at least 60 startups over four years

Evening Standard

Cornwall marine engineering firm secures £1m for overseas growth

Feritech Global recently launched its new innovation centre near Falmouth

Birmingham Post

Covid recovery scheme offers over £229m to smaller Scottish businesses

A successor to the scheme has been announced, which will open for applications in August

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

British Business Bank has offered £135m in recovery loans to SMEs in Wales

The Recovery Loan Scheme was set up in April 2021 to help firms recover post-pandemic

Birmingham Post

UK drops guarantees from £400m of Greensill loans to Gupta-linked firms

State-owned British Business Bank makes decision after investigation of lending practices

The Guardian - UK

Scotland tops the UK for equity investment in university spin-outs

Of the 211 equity deals involving spin-outs across the UK during 2021, 44 came from Scottish academic institutions

Insider UK

British Business Bank appoints new director for Scotland

Promoted network director has already been with the bank for more than two years

Insider UK

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The UK Government has a stake in a sex party organising company

THE UK Government has a stake in a company which organises “hedonistic” sex parties as a result of one of the Chancellor’s Covid cash schemes.

The National (Scotland)

Record year for the value of equity investments into small Welsh firms

The British Business Bank said that the record total value of deals in Wales was despite a fall in the number of deals on 2020

Birmingham Post

Investment more than triples for North West SMEs, finds new report

The North West saw £872m of investment across 160 deals

Birmingham Post

Record year for equity investment in Scotland’s smaller businesses

Edinburgh named biggest deal hub in the UK beyond London

Insider UK

South West tops UK regions for equity investment among SMEs

The number of small West Country businesses taking on investment has soared in the last 12 months

Birmingham Post

‘It’s an investment in the future’: the creative company displaying growth through sustainability

When business slowed during the pandemic, creative design and print agency KGK Genix took the opportunity to start its journey towards net zero

The Guardian - UK

Covid business loans ‘saved hundreds of thousands of jobs’

Anywhere from 500,000 to 2.9 million jobs might have been lost if not for the loans, reviewers found.

The Independent UK

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Birmingham Post

New chief executive of the British Business Bank revealed

Louis Taylor will succeed Catherine Lewis La Torre in October

The Guardian - UK

Five ways moving towards net zero will make your small business more resilient

With the need to tackle the climate crisis becoming ever more urgent, ensuring your business is more sustainable is not only good for the planet, but your business too

The Guardian - UK

People power: how ethical values can help your business attract top talent

Progressive staff are pushing businesses to become greener, cleaner and more flexible. Here’s how …

Birmingham Post

Cardiff special effects firm which has worked with Disney Lucasfilm and BBC receives British Business Bank backing

Dragon Fire and Water Services has provided support to RealSFX on an upcoming Disney Plus Series

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Birmingham Post

Valleys drum kit maker lands band The Struts as its first client

Start up firm Tarian Drums is looking to see its drums use by bands around the world

Birmingham Post

The Welsh firms in which the UK Government has ownership stakes

The UK Government has taken equity in the firms under its Covid response Future Fund

Insider UK

Scottish life sciences sector the 'biggest destination' for small business tech investment

Tech-focussed smaller businesses saw investment rise 36% during the first nine months of 2021

The Guardian - UK

UK government fund invests in cannabis oil company and London microbrewery

Taxpayer-backed British Business Bank’s Future Fund, set up to provide loans in pandemic, announces 75 new investments

Insider UK

New hire strengthens British Business Bank’s footprint in Scotland

Appointment comes due to Ian Mitchelmore's retirement from the role

Birmingham Post

Major equity investment to supercharge card payment specialist's growth ambition

£850,000 backing for Grimsby-based Card Industry Professionals

Birmingham Post

Lord Mayor of London says global investors targeting opportunities in UK high-growth firms

Vincent Keaveny said more need to be done to ensure more tech firms floated in London

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