Written questions

New Businesses: Finance

2026-07-12 · Department for Business and Trade · 18298 · Official question

Gordon McKee

Question

To ask the Secretary of State for Business and Trade, what steps he is taking to improve the availability of large scale capital in the UK for late stage start up businesses.

Answer

The government is taking action to improve the availability of large-scale growth capital available to UK scale-ups. Through a new strategic mandate and reforms to the British Business Bank (BBB), the BBB is increasing support for late-stage businesses, i...