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The Latest Breaking News from British Business Bank

Asset finance firm Propel boosted with new £500m financing round

The Newport-based firm is looking to accelerate asset lending to SMEs across the UK

Birmingham Post

Campervan business takes off with funding for pilot co-founders

Expansion plans boosted by £50,000 loan from Transmit Startups

Insider UK

Glaswegian entrepreneurs launch Portuguese-style bakery

New opening helped by a £40,000 loan from the British Business Bank

Insider UK

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The 28 North West companies that are part-owned by the UK Government

The Future Fund was launched on May 20, 2020

Birmingham Post

The Welsh firms in which the UK Government has ownership stakes

The firms has converted debt to equity under the Westminster government's Future Fund

Birmingham Post

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

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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

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

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

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Birmingham Post

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

Insider UK

Record year for equity investment in Scotland’s smaller businesses

Edinburgh named biggest deal hub in the UK beyond London

Birmingham Post

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

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

The Guardian - UK

‘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

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news in one place.

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One news app.

The Independent 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.

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

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

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