Companies: Finance
The question
To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment he has made of the adequacy of the capacity of public finance institutions to support companies through successive stages of growth.
Answered by Department for Business, Innovation, Science and Trade
The government continually reviews the capacity of its Public Finance Institutions alongside reviewing the availability of finance for businesses and recognises the importance of supporting firms through every stage of growth. The government has strengthened the capacity of its public finance institutions to do this, including increasing the capacity of the British Business Bank by £9.6 billion at Spending Review 2025, taking its total financial capacity to £25.6 billion.
The Government has set a five-year strategic mandate for the British Business Bank, including supporting high-growth firms to scale, improving finance markets for smaller businesses and mobilising institutional capital at scale.
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