Written questions

Octopus Group

Commons · Question 107789 · Tabled 22 Jan 2026 · Department for Business and Trade · Official record

Answered 27 Jan 2026

Question

Asked by Gareth Davies

To ask the Secretary of State for Business and Trade, when (a) he and (b) his Ministers last met with representatives from (a) Octopus Group, (b) Octopus Energy Group, (c) Octopus Ventures and (d) Kraken Technologies.

Answer

Answered by Blair McDougall, 27 Jan 2026

The British Business Bank first informed officials of its investment into Kraken Technologies on 7 January 2026. This was part of a regular report to the Department on completed transactions. Ministers were notified shortly afterwards. Discussions prior t...