Written questions

Small Businesses: Finance

Commons · Question 62402 · Tabled 24 Jun 2025 · Department for Business and Trade · Official record

Answered 1 Jul 2025

Question

Asked by Max Wilkinson

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the effectiveness of regional investment groups introduced under the SME Finance Charter.

Answer

Answered by Gareth Thomas, 1 Jul 2025

The SME Finance Charter was an awareness-raising initiative introduced in 2019 and updated in 2022 following the Covid-19 pandemic.The British Business Bank's Nations and Regions Investment Funds provide debt and equity finance to businesses outside Londo...