Jonathan Reynolds

Jonathan Reynolds

Labour (Co-op) — Stalybridge and Hyde

Speaking in the House of Commons on 23 June 2025

Debate

UK Modern Industrial Strategy

Contribution

I thank my hon. Friend for her work on the Business and Trade Committee; I always enjoy my sessions there, as do my ministerial team. She is right that finance is a huge issue and scale-up finance is a particular challenge. We intend to use the British Business Bank, as I have said, with much greater financial capacity to work directly with fund managers focused on the scale-up part of the finance journey. I know how big a problem this is. There is a lot of capital in the world and we have got to address this particular stage, and these are real measures that seek to do that.

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