Written Question·Department for Business and Trade·UIN 18298
New Businesses: Finance
Tabled: 13 July 2026
Answered: 17 July 2026
Question
Gordon McKee
Labour — Glasgow 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 McDougallThe 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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