Written questions

Wayve

Commons · Question 118930 · Tabled 9 Mar 2026 · Department for Business and Trade · Official record

Answered 12 Mar 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 the British Business Bank in Wayve.

Answer

Answered by Blair McDougall, 12 Mar 2026

The British Business Bank takes investment decisions independently and the Department does not seek to assess the merits of any individual transaction. The Bank is measured on the achievement of its objectives over the long term. Its two key performance i...