M
Member
Speaking in the House of Lords on 30 June 2025
Debate
UK Modern Industrial StrategyContribution
Finally, we will unlock billions of pounds in business finance, with the National Wealth Fund supporting our growth sectors, an expanded role for UK Export Finance and £4 billion growth capital for start-ups and scale-ups through a larger British Business Bank, addressing at scale the key stage that we know is the most challenging. This growth capital will catalyse £12 billion of private capital across the eight growth-driving sectors and deliver around £30 billion of additional gross value added to the UK economy.
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