Written Question·Department for Business and Trade·UIN 108558
Kraken Technologies
Tabled: 26 January 2026
Answered: 3 February 2026
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Business and Trade, with reference to his Department’s press release entitled Business Secretary backs British scaleups with growth package and red tape review, published on 20 January 2026, whether his Department assesse
Answer
Blair McDougallThe Department for Business and Trade sets the overall strategic direction for the British Business Bank, which is operationally independent and carries out its own due diligence. The Department was informed by the Bank of its investment in Kraken Technol...
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