Written Question·Department for Business and Trade·UIN 107789

Octopus Group

Tabled: 22 January 2026
Answered: 27 January 2026

Question

Gareth Davies

ConservativeGrantham and Bourne

To ask the Secretary of State for Business and Trade, when (a) he and (b) his Ministers last met with representatives from (a) Octopus Group, (b) Octopus Energy Group, (c) Octopus Ventures and (d) Kraken Technologies.

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...

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