Written Question·Department for Business and Trade·UIN 113802

British Business Bank

Tabled: 20 February 2026
Answered: 27 February 2026

Question

Kevin Hollinrake

ConservativeThirsk and Malton

To ask the Secretary of State for Business and Trade, which financial institutions does the British Business Bank use for its (a) corporate banking and (b) staff pension fund.

Answer

Blair McDougall
The financial institution that provides British Business Bank plc with corporate banking services is NatWest. Bank accounts are held within the Government Banking Service.The British Business Bank’s workplace pension scheme is provided through Aegon.