Written Question·Department for Business and Trade·UIN 107790

British Business Bank: Kraken Technologies

Tabled: 22 January 2026

Answered: 27 January 2026

Named Day

Question

Gareth Davies

To ask the Secretary of State for Business and Trade, what discussions (a) he and (b) his officials had with the British Business Bank on Kraken Technologies prior to 20 January 2026.

Answer

Blair McDougall

The British Business Bank first informed officials of its investment into Kraken Technologies on 7 January 2026. This was part of a regular report to the Department on completed transactions. Ministers were notified shortly afterwards. Discussions prior t...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 107790) →