Written Question·Department for Business and Trade·UIN 18298

New Businesses: Finance

Tabled: 13 July 2026
Answered: 17 July 2026

Question

Gordon McKee

LabourGlasgow South

To ask the Secretary of State for Business and Trade, what steps he is taking to improve the availability of large scale capital in the UK for late stage start up businesses.

Answer

Blair McDougall
The government is taking action to improve the availability of large-scale growth capital available to UK scale-ups. Through a new strategic mandate and reforms to the British Business Bank (BBB), the BBB is increasing support for late-stage businesses, i...

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