British Business Bank

(asked on 24th July 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has any plans to privatise the British Business Bank.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 11th September 2018

The British Business Bank (BBB) is 100% owned by Government and we have no plans to alter that position.

As at end of July 2018, the Start Up Loans programme – run by the Start Up Loans Company (SULCo), a subsidiary of BBB – had lent £436m to more than 57,000 entrepreneurs.

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