Kraken Technologies
Commons · Question 108558 · Tabled 26 Jan 2026 · Department for Business and Trade · Official record
Answered 3 Feb 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Business and Trade, with reference to his Department’s press release entitled Business Secretary backs British scaleups with growth package and red tape review, published on 20 January 2026, whether his Department assesse
Answer
Answered by Blair McDougall, 3 Feb 2026
The Department for Business and Trade sets the overall strategic direction for the British Business Bank, which is operationally independent and carries out its own due diligence. The Department was informed by the Bank of its investment in Kraken Technol...