Question to the Department for Business and Trade:

To ask His Majesty's Government, with reference to the guidance List of Public Bodies for Review in 2023/24, updated on 25 April 2024, whether a reviewer has been appointed for the review of the British Business Bank; and if so, who is that reviewer, what are the terms of reference for that review, and what is the current status of that review.

Under the Cabinet Office review framework, a self-assessment was completed by the Bank and reviewed by the Department for Business and Trade. This did not require a reviewer to be appointed nor specific terms of reference (beyond the self-assessment guidance). The broader Public Bodies Review Programme concluded on 31 March 2025.