British Business Bank: Kraken Technologies
Commons · Question 108018 · Tabled 23 Jan 2026 · Department for Business and Trade · Official record
Answered 28 Jan 2026
Question
Asked by Gareth Davies
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of investment by British Business Bank in Kraken Technologies.
Answer
Answered by Blair McDougall, 28 Jan 2026
The Department sets the overall strategic direction for the British Business Bank, which is operationally independent and carries out its own due diligence. The Department does not seek to assess the merits of individual investments within the Bank’s port...