British Business Bank
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of a quoted portfolio in the British Business Bank.
Answered by Gareth Thomas
The British Business Bank does have some quoted holdings, largely as a result of post-investment corporate activity. The focus of the Bank is on strengthening private markets. Any expansion of the Bank’s mandate into public markets would need a comprehensive analysis of options and is unlikely to be undertaken in isolation from other measures to incentivise increased investment into those markets by institutional investors.
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