Written Question·Department for Business and Trade·UIN 108018
British Business Bank: Kraken Technologies
Tabled: 23 January 2026
Answered: 28 January 2026
Named DayQuestion
Gareth Davies
Conservative — Grantham and Bourne
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of investment by British Business Bank in Kraken Technologies.
Answer
Blair McDougallThe Department sets the overall strategic direction for the British Business Bank, which is operationally independent and carries out its own due diligence. The Department does not seek to assess the merits of individual investments within the Bank’s port...
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