Written Question·Department for Business and Trade·UIN 118930

Wayve

Tabled: 9 March 2026
Answered: 12 March 2026
Named Day

Question

Gareth Davies

ConservativeGrantham and Bourne

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of investment by the British Business Bank in Wayve.

Answer

Blair McDougall
The British Business Bank takes investment decisions independently and the Department does not seek to assess the merits of any individual transaction. The Bank is measured on the achievement of its objectives over the long term. Its two key performance i...

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