British Business Bank

Archive of articles featuring news, comment or research from the British Business Bank.

News

Sole traders face being named if they took out Covid-19 loan

Tribunal could decide this week if the names of 1.7bn small businesses that took out Bounce Back Loans should be made public – leaving sole traders potentially vulnerable to fraudsters

News

Equity into smaller businesses surges 130% in 2021

Research shows a huge increase in equity for smaller firms but women and ethnic minority entrepreneurs are still experiencing difficulties.

News

Nearly two thirds of Bounce Back Loans could go bad, says government

Business department says up to 60 per cent of emergency Bounce Back Loans may never be repaid

Small Business Banking

Why Britain’s SMEs need a proper small business bank

The British Business Bank does not live up to its name and is not fit for purpose, argues Greg Taylor. What SMEs need is a proper nationwide small business bank

Small Business Banking

Fintechs giving up on joining coronavirus emergency loan scheme

New breed of fintechs becoming disenchanted with ever joining the Coronavirus Business Interruption Loan Scheme, despite British Business Bank adding four more lenders

News

Government launches Business Finance Council to help small businesses

Business secretary Andrea Leadsom will co-chair Business Finance Council to help small business access working capital and investment in post-Brexit Britain

Financing

British Business Bank increases small business support by 27pc

Government economic development bank supported over 89,000 start-ups and scale-ups with £6.6bn of finance in 2018-19 - an uplift of 27pc

Alternative finance

Small businesses receive a record £6.7bn in equity funding

Last year, the UK's small businesses received a record £6.7bn in equity funding, with regional VC funding on the increase. But SMEs are increasingly wary of investing in themselves, according to latest CYBG research

Small Business Banking