Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much finance the British Business Bank has provided since its creation in (a) the Linlithgow and East Falkirk constituency, (b) Scotland and (c) the UK.
The British Business Bank (BBB) is a government-owned economic development bank. It manages the UK Government’s access to finance programmes for smaller businesses within a single commercially-minded institution. The Bank received State aid clearance to start operating in November 2014. Since this date, BBB has facilitated the following finance:
| UK | Scotland | Linlithgow and East Falkirk* |
Finance facilitated | £9.5bn | Over £323m | Almost £1m |
* ENABLE data is not available at constituency level