Business: Investment
Commons · Question 1937 · Tabled 18 May 2026 · Department for Business and Trade · Official record
Answered 27 May 2026
Question
Asked by Jim Shannon
To ask the Secretary of State for Business and Trade, what steps he is taking to encourage investment in businesses located in economically disadvantaged regions.
Answer
Answered by Blair McDougall, 27 May 2026
84% of businesses supported by the British Business Bank were outside London in 2024/25. The expected boost to Gross Value Added expected from those businesses supported in 2024/25 is more than £100 million in every UK nation and region.Their £1.6 billion...