Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, with reference to the UK’s Modern Industrial Strategy, CP 1337, published on 23 June 2025, how much of the £350 million Nations and Regions investment fund will be spent in Huntingdon constituency.
The British Business Bank is committing £2.6bn to drive growth of smaller businesses across the UK’s Nations and Regions. This includes £350 million for two new Investment Funds in East and South-East England to address finance gaps outside traditional hotspots and provide targeted equity and debt finance to growing businesses.
The breakdown of finance allocated to these regions has not yet been announced. The Funds do not include constituency-level allocations, but as with other Nations and Regions Funds, deployment targets will be set at sub-regional level to ensure an equitable spread of finance.