L

Lord Londesborough (CB)

Speaking in the House of Lords on 9 March 2026

Debate

British Business Bank

Contribution

My Lords, the development bank has some eye-catching five-year targets, including funding the creation of 370,000 new jobs and crowding in some £26 billion of additional private capital. I welcome that ambition, but, for perspective, can the Minister say how the bank has performed over the last five years, particularly in the areas of job creation and gross value added?

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