Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of a quoted portfolio in the British Business Bank.
The British Business Bank does have some quoted holdings, largely as a result of post-investment corporate activity. The focus of the Bank is on strengthening private markets. Any expansion of the Bank’s mandate into public markets would need a comprehensive analysis of options and is unlikely to be undertaken in isolation from other measures to incentivise increased investment into those markets by institutional investors.